MKNC Signal Forex Trend Indicator

This forex indicator is called MKNC. It provides easy to read buy and sell signals. The indicator consists of red dots and a blue signal line for trend direction. It’s based on fast and slow exponential moving averages.

Trading Signals (see image below)

Buy: Blue indicator signal line crosses the red dots from below. Open buy order at the open of the next candlestick.

Sell: Blue indicator signal line crosses the red dots from above. Open sell order at the open of the next candlestick.

Indicator Preferences

Currency pairs: Any

Preferred Time frames: Suitable for 1 min charts and higher.

Sessions: 1 minute, 5 minute , 15 minute: London and US. All trading sessions above the 15 minute time frame.

Download

Download the MKNC_4.ex4 indicator.

Configurable Indicator Options

Colors, signal period, applied price, fast and slow EMA period,…

EUR/USD H1 Chart Example

trend-histogram-forex-indicator

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