What Is The Center of Gravity Indicator & How To Trade With It

CENTER OF GRAVITY INDICATOR EXPLAINED

The Center of Gravity (CoG) is a channel indicator of technical analysis. The CoG indicator is not included by default in most trading platforms. It is not in the Metatrader 4 (MT4) program by default although you can download the indicator from various sources online. The indicator consists of five lines, which look very much like another channel indicator – MBFX. The Center of Gravity determines the boundaries of price fluctuations and measures the volatility of a traded asset. What is the Center of Gravity indicator? The Center of Gravity indicator is based on moving averages. Based on them, the …READ MORE