Use of moving average İndicator in forex markets as expert advisor in trade with energy and mining products


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Kilic S. S., SÖZEN A.

JOURNAL OF POLYTECHNIC-POLITEKNIK DERGISI, cilt.29, sa.4, 2026 (ESCI)

Özet

Forex market with a daily trading volume up to trillions of dollars attracts significant preference thanks to its advantages such as offering 24/5 trading opportunity with various trading platforms, and providing a leverage effect for investors and trade for hundreds of products and allowing purchases as well as short sales. Energy and mining products are among the most frequently traded products in forex markets. In the present study, moving average indicator, as one of the widely used technical analysis methods in Forex markets, has been used for trade of energy and mining products. The trade have been made between 2016 and 2018 after being developed by expert advisor for different period values. The results of the applications through expert advisors are shared in table and recommended for efficient use of moving average and future studies.