Forex indicator LSMA nrp + alert changes color depending on the direction of the trend, allowing you to open positions at trend reversal points.
The indicator LSMA nrp + alert is built on the basis of a moving average using the linear regression method. Indicator signals are not repainted. Another useful feature of the indicator is that it can pop a text massage once it finds a price reversal.
LSMA nrp + alert can be used together with oscillators to avoid false signals, or as a filter in trend trading strategies. Signal accuracy is even better if you apply this indicator on Renko charts.
Features of LSMA NRP + Alert indicator
- Platform: Metatrader 4
- Ability to change settings: Yes
- Timeframe: any from 1 Minute to Daily, Renko recommended
- Currency pairs: any
In LSMA-nrp-alert.zip file you will find:
- LSMA nrp + alert.ex4
Download LSMA NRP + Alert indicator for free: