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Mt4 Indicators List4/9/2021
And, as practice shows, most traders, when trading on the indicator during a sideways movement, such indicators turn out to be ineffective.If a currency pair does not make a significant movement, then it is impossible to trade on it.And when a currency pair is in active movement, then it creates many good times for opening and closing deals.The intensity of the movements will help to determine the special Currency Slope Strength indicator.
CSS MT4 Indicator - Movement Intensity Determinant placed on a chart in MT4. For this reason, RSIOMA was created, devoid of this disadvantage. The main formula in the RSIOMA indicator remained unchanged - it still compares the ratio of the average positive and negative market fluctuations for the selected period, but if the classic RSI builds its calculations based on actual prices, then its updated version is based on a moving average. Simply put, first, the moving average values are determined on the chart, after which the RSI formula is applied to them. It is worth noting that you can get a similar result using the standard MetaTrader4 toolkit since the built-in relative strength index has such an option. In fact, as the formula suggests, it shows the relative strength index of the moving average. Even with the naked eye, you can see that the dynamics of the updated version is smoother than that of the classic RSI. In addition, RSIOMA, made for MetaTrader4, contains an additional auxiliary module, presented in the form of a multi-colored histogram. Based on the data obtained, the considered algorithm suggests the optimal moments for creating successful positions. The Golden Lion Trend indicator is based on a unique algorithm designed to analyze trend movement. Based on the data obtained, the considered algorithm paints the candles red or blue. It should also be noted that the described algorithm is able to detect the strength of the trend. The more saturated the shade of the bars displayed by the Golden Lion Trend indicator on the screen, the stronger the trend present in the market. On Forex, this topic is especially relevant, so such a valuable trending specimen like NeuroTrend certainly deserves attention. Thomas DeMark is one of the most famous gurus in the field of stock trading. He is the developer of several dozen technical indicators that allow traders all over the world to earn a stable income. To create technical tools, DeMark not only used his personal experience but also considered existing trading strategies from a new angle. For example, at one time, he became interested in the classical theory of cycles, which led to the birth of a new trading system. DeMark used the basic provisions of the theory but supplemented them with his own rules. This is how the new TD Sequential indicator and the strategy of the same name, developed on the basis of this algorithm, appeared.
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