The MTF Smart reversal indicator is able to provide 70-80% of profitable entries thanks to the implementation of the MTF mode.
The MTF Smart trading indicator is a new version of the Smart mix of MFI, RSI and Stochastic indicator, which also implements the MTF (multi-timeframe) mode.
The MTF Smart indicator, like the original, is built on a combination of three indicators and displays their specific combination on the chart:
The opening of trading positions according to the MTF Smart indicator is determined as follows:
- Open Sell position at the end of the red line;
- Open Buy position at the end of the blue line.
The MTF Smart trading indicator, like its predecessor, is most effectively used in combination with divergence indicators, which will filter out false entries and will give you around 70-80% of profitable signals.
Features of MTF Smart MT4 indicator
- Platform: Metatrader 4
- Ability to change settings: No
- Timeframe: any from 1 Minute to Daily
- Currency pairs: any
In MTF_Smart.zip file you will find:
Download MTF Smart MT4 indicator for free: