• Fri. Jan 15th, 2021

DadForex

All about Forex trading

Forex Indicator LSMA NRP + Alert: For Entry at Price Reversals

Forex indicator LSMA nrp + alert changes color depending on the direction of the trend, allowing you to open positions at trend reversal points.

LSMA nrp + alert indicator for MT4

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.

LSMA nrp alert indicator for MT4 on Renko chart

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: