FourAverage MT4 - a new word in detecting trend

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Sold: 12 last one 26.02.2019
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Uploaded: 11.12.2019
Content: i_FourAverage_v1_6.ex4 14,96 kB

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Product description

FourAverage MT4 - a new word in detecting trend FourAverage MT4 - a new word in detecting trend FourAverage MT4 - a new word in detecting trend

With evolving information technology and increasing number of market participants, financial markets get less and less analyzable using good old indicators. Common technical analysis tools, such as Moving Average or Stochastic alone, are not capable of identifying the trend direction or reversal.

Can a single indicator show the right direction of the future price, without changing its parameters over 14 years´ history, while at the same time remaining adequate during sideways trends?

The answer is yes.

There is an indicator with a quite powerful and efficient adaptive mechanism to changing market conditions.

This new forward-looking trend indicator developed by ExcStrategy team uses adaptive four-level averaging.

A unique averaging formula allows you to adjust the indicator (define the regularities) to any peculiarities of a currency pair or any other instrument. Fouraverage is highly beneficial when combined with other tools or used as signal filter.

The indicator features a function that draws arrows and displays the result of the previous indicator-based trade. This is very useful when backtesting.

Additional information

The indicator is not redrawn on the bars. If the bar is closed, the indicator unchanged.

The indicator works on all timeframes from M1 to MN.


Options: File indicator i_FourAverage_v1_6.ex4


Indicator sale closed (compiled) code that its performance is not affected.
A detailed description of the indicator can be found at: https://www.mql5.com/en/blogs/post/730394

If you have questions regarding the purchased indicator, or something you do not like his work - do not sleep to leave negative feedback, please contact us at our e-mail: ctechnologies@mail.ru - always help to understand (for trader Sincerely collective "Smart Technologies").

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