It can detect Reversal Points By looking at the swing of dominant market maker cycles. There is a proper reason behind using these two moving averages because a fast-moving average will give many false signals. ÷ä–ʈ1©†ø®™G€) ‰ ´>4PüN òÆa ÊåD úô /ÙÐå!)Z] ^>7,ȉà á?:[ RÐU I with Download ⤵️ for MetaTrader 4️⃣ & 5️⃣ - The Biggest Collection of Best Indicators & Systems on Best-MetaTrader-Indicators.The Momentum Reversal Detector indicator for MT4 is best suitable for momentum trading in line with higher time frame price charts. ![]() This indicator draws in market structure for you, then sends you an Draw Fibonacci retracement in "reverse". It automatically scans past market data, identifies key price swing zone, and outlines accurate support/resistance levels. ![]() The indicator comprises two EMAs one with the faster period and the other with the slower period. A small candlestick reversal pattern is used it its - English Rainbow MT4 is a technical indicator based on Moving average with period 34 and very easy to use.
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