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Sheriff Indicator

1
Buy and sell signals in the form of arrows. Arrows appear when two EMAs intersect, the periods of which can be adjusted. I recommend using it together with MA with a period of 200. If MA shows an upward trend, we react only to the buy signal, for sale - the opposite conditions.

Because the indicator signal is so easy to understand, even inexperienced traders can use it. On the other hand, experienced traders will find this indicator very useful (especially as a confluence) in their daily trading.

This indicator forms the basis of our Expert Advisor "Forex Sheriff", which you can buy in MQL5 or purchase for free through our affiliate program

https://www.mql5.com/en/market/product/129271?source=Site+Market+MT4+New+Rating006




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Tim Marco Talarowski
164
Tim Marco Talarowski 2025.01.03 10:45 
 

arrows just appearing when refreshing,another garbage of this so called developer !!!

Irina Cherkashina
7901
Respuesta del desarrollador Irina Cherkashina 2025.01.08 17:40
Thank you, Sir, for your feedback. Frankly, I really appreciate the time you spent, which you, as an expert, devoted to a thorough study of the work of my indicator. To answer your criticism, I would like to ask you on what instruments and time periods you tested the indicator? The fact is that I quite effectively use this indicator in my trading strategy in my EA of the same name for trading on EURUSD on H1 and therefore I am surprised that you were dissatisfied with the work of the indicator. This is certainly not the Grail, but together with other analytical tools and filters within trading strategies it can be quite effective, at least I say this based on my personal experience, which was implemented, as I already wrote above, within the framework of the EA of the same name.
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