Need a little help! TY!

Beginner Questions
1

Hi everyone, thank you for taking the time to read my thread.

I have problems trying to identify when the currency is actually trending, or when its moving sideways. Is there any indicator that can aid my chances of avoiding a sideways trade and identify a trend?

Any help is much appreciated.

Thank you

2

You can indentify a trend using one of many indicators dedicated for that. For example two EMA’s with different settings - if they stay parallel with no crossing the price is trending. Or you can use RSI or Stochaistics… Why don’t you check BP School. You will find an exact answer in just a few minutes :slight_smile:

3

Hi SagiCZ, thanks for taking the time to reply.

I’ll look through the BP sch again.

Thanks!