Free Forex Indicators (MT4), Trend Following Indicators

Nina StepMA 1 Indicator

Nina StepMA 1 Indicator is a forex trend identifying indicator. It applies a dual-band crossover method to demonstrate market trend signals. The developers of this indicator have tried to keep it as simple as possible so that everybody can master it and be benefited while trading following the market trends. Besides, this sophisticated indicator can be applied to trade all kinds of forex currency pairs.

Nina StepMA 1 supports all sorts of trading styles since it suits all kinds of timeframe charts within the forex MT4 trading platform. It works better when applied for scalping and intraday trading purposes.

Nina StepMA 1 Indicator Overview

Download the indicator and install it on your MT4 terminal. Once you’re done, your chart will appear like the following image

Nina StepMA 1 Indicators Overview

Nina StepMA 1 Indicator Explanation

Nina StepMA 1 is a fusion of Stochastics, ATR (Average True Range), and Moving Averages. It creates two same kinds of trendlines but with different parameters so that it can create a crossover signal by intersecting each other. KWATR moves above the WATR level represents the bullish crossover signal of the market trend.

Nina StepMA 1 Indicators Explanation

On the other hand WATR moves above the KWATR means, it is a bearish crossover confirming the bearish trend of the market. For better understanding, the crossovers are notified with signal arrows pointing possible direction of the upcoming market trends.

Nina StepMA 1: Buy Conditions

Nina StepMA 1 Buy Parameters
  • KWATR moves above WATR level
  • A blue arrow appears pointing upwards at the same time
  • Buy triggers after the above conditions are met
  • Set stop loss below the current low of the market
  • Exit long/take profit whenever KWATR moves below the WATR level

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Nina StepMA 1: Sell Conditions

Nina StepMA 1 Sell Parameters
  • KWATR moves below WATR level
  • A red arrow appears pointing downwards at the same time
  • Sell triggers after the above conditions are met
  • Set stop loss above the current high of the market
  • Exit short/take profit whenever KWATR moves above the WATR level

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.

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About Trend Following System

Trend Following System's goal is to share as many Forex trading systems, strategies as possible to the retail traders so that you can make real money.

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.
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