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What exactly is a Forex Signal?

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What exactly is a Forex Signal? Empty What exactly is a Forex Signal?

Post by ALGERNON on Wed Feb 20, 2019 3:02 pm

Simply put, a forex signal is generated by a set of technical indicators used in forex trading (MACD, RSI, MA,..) which will give you a buy or sell recommendation.
A simple forex signal could be: I want to buy a currency pair if the 5 exponential moving average crosses the 50 simple moving average from below. If this conditions is met, I'm going to buy that currency pair. That's how most forex signals are generated. Hope this helps.
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