Comprehensive 4-Hour Prediction Model
The Model:
My model is a multi-indicator system that aims to take the strengths of MACD, SMA, EMA, and RSI to predict price movements over a 4-hour period. The MACD helps in identifying the strength and direction of the trend, SMA and EMA give insights into potential support and resistance levels, and the RSI measures the momentum and possible overbought or oversold conditions.
Current Setup:
For this GBP/AUD trade, this is the models prediction.
Let's see what happens!
Remember, this model is in testing phase and should be approached with caution. Always manage your risk properly and consider using a demo account for trying out new strategies.
My model is a multi-indicator system that aims to take the strengths of MACD, SMA, EMA, and RSI to predict price movements over a 4-hour period. The MACD helps in identifying the strength and direction of the trend, SMA and EMA give insights into potential support and resistance levels, and the RSI measures the momentum and possible overbought or oversold conditions.
Current Setup:
For this GBP/AUD trade, this is the models prediction.
Let's see what happens!
Remember, this model is in testing phase and should be approached with caution. Always manage your risk properly and consider using a demo account for trying out new strategies.