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How to Use Momentum Indicators to Confirm a Trend

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What is Forex? Forex is the market where all the world's currencies trade. The forex. Learn how forex traders use momentum indicators, also known as lagging indicators, to confirm trend direction.

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Mathematics of the indicator

The minimum TakeProfit is 2,5 times more than StopLoss.

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It seems that shorter periods than 3 months are too fast, and periods longer than 6 months are too slow.

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