Trend Reversal Indicator

Trend Reversal Indicator appears below the main chart with separate window to generates the best trading signals by keeping the chart clear and which it is a great idea. It will gives you a very fresh look at your trading chart.

Trend Reversal Indicator produces the trend signals when a crossover of two modified moving average occured in a separate window.The  blue dots line is called the fast MKNC4 and red is the slow MKNC4. When the fast MKNC4 line crosses above the slower MKNC line then it show as the bullish crossover, it's time to open buy position at the market. Otherwise, when the slow MKNC4 line crosses and stays above the fast one, it mean a bearish crossover occured, it's the right time to put sell position at the market to join the bearish rally.

 After the installation of the indicator at MT4, the main chart should be appears like this:

Trend Reversal Indicator

Trading rule:

Buy entry: Blue line crosses the red dots line from below plotting a bullish crossover. Open buy order at  the next bullish candlestick.

Sell entry: Blue dots line crosses the red one from above. Open sell order at the next bearish candle’s low.

Trend Reversal Indicator in action

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