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,…
