AMA Bands is a forex trading indicator. The AMA bands indicator is based on bands, Bollinger bands you can say. It is with the help of these bands traders make money. This indicator is simple and powerful. A trader can rely on this indicator alone to make consistently money in the forex market. The AMA bands can be used to trade on any time frame and with any currency pairs. The AMA bands consist of many bands which work as support and resistance. This simple forex trading indicator is equally useful to the pro traders as well to the newbie traders. When you are trading in a lower time frame make sure that the corresponding higher time frame is trending in your direction. Do not ever trade against the trend. Yes, there are count trend trading indicators as well but they are risky. So it’s wise and smart to follow the trend and make money.
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