Free Forex Indicators (MT4), Trend Following Indicators
All MACD Adaptive MTF Indicator
By Arun Lama
Published On
All MACD Adaptive MTF Indicator is a complete trend-following forex trading indicator. It is able to identify the market trends on all sorts of timeframe charts of the Forex MT4 trading platform. This MTF indicator can be applied to trade all kinds of forex currency pairs listed in the financial markets.
All MACD Adaptive MTF Indicator uses a very simple technique for demonstrating the trade signals. If you’re familiar with general MovignAverage crossovers, mastering this indicator should be pretty easy for you.
Download and install the Indicator on your MT4 terminal. Once you’re done, your trading chart will appear like the following image:
All MACD Adaptive MTF Indicator Explanation
All MACD Adaptive MTF Indicator includes a dual MA crossover system along with a trending cloud created based on a 15-day Sine Weighted Moving Average (SWMA). The moving averages used to identify the crossover trend signals are 9 VWMA (Volume Weighted Moving Average and 21 LWMA (Linear Weighted Moving Average).
The technical background of this indicator tells a lot about how much effort was given from the developer’s end to make this indicator more stable and reliable in producing the trade signals. This indicator is suitable for all kinds of trend-following traders especially the newbies.
All MACD Adaptive: Buy Parameters
15 SWMA turns green
9 VWMA moves above 21 LWMA
Buy triggers after the above conditions are met
Set stop loss below the low of the 21 LWMA
Exit long/take profit whenever the 15 SWMA turns red
I have been actively trading the financial markets since April 2012. Besides trading with my personal money I am a technical analyst in a mutual fund that has Rs. 1 billion in assets under management. At my leisure, I love attending live music, traveling, and partying with friends.
Risk Warning: Trading in the forex market is very risky. Thus, it is may not be for everyone. A highly leveraged position can work against the trader when the trade does not work as expected. Trading in the forex market can cause to lose a significant portion of the capital or all of the capital. It is crucial to learn about the trading and gain enough experience in the demo account before trading with real money. The trading strategies published on this website do not guarantee profit as the market is dynamic and unpredictable. The past performance of a strategy is not the indicative of future performance. Trend Following System will not accept any kind of liability or damage caused by trading the strategies published on this website.