Triple EMA Trend Following and Signals MT5
- Indicators
- Mykola Khandus
- Version: 1.0
- Activations: 10
Triple EMA Trend Following + Signals indicator is a tool for traders who are looking for accurate trend identification and buy/sell signals!
Key Features:- Triple EMA Trend Analysis: This indicator uses two Triple Exponential Moving Averages (TEMA1 and TEMA2) to capture short-term and long-term trends effectively. TEMA1 reacts to rapid price changes, while TEMA2 filters out market noise, helping you stay on the right side of the trend.
- RSI and ATR Filters: It incorporates the RSI (Relative Strength Index) for momentum analysis and an ATR-based smoothing factor for volatility filtering, ensuring robust signal generation during significant market movements.
- Precise Buy/Sell Arrows: Clearly defined entry points with customizable green (buy) and red (sell) arrows, based on crossover conditions between RSI and the TEMA structure, for easy-to-spot trade setups.
- Adaptable to Multiple Markets: Works seamlessly on various assets and timeframes, allowing you to use it in any trading environment, from forex to stocks and commodities.
- Optimized for MT4 and MT5: Fully customizable settings for TEMA lengths, RSI periods, and more to fit your trading style.
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If you liked the indicator, I will be glad to have a positive review. If you find any problems with the indicator, please contact me.