Arrow indicator Two MA one Stochastic – financial magazine

Arrow indicator Two MA one Stochastic for the MetaTrader 5 trading terminal, this is the automation of the simplest trend strategy “trend indicator + oscillator”, which are two moving averages and a Stochastic.

The indicator analyzes the values ​​of the two iMA and iStochastic relative to the price and gives advice on entering a position in the form of an arrow of the corresponding color and direction.

Arrow indicator Two MA one Stochastic

In the indicator parameters, settings for each of the used moving averages and Stochastic are available.

note that arrow indicator Two MA one Stochastic provides only recommendations for opening deals and cannot be an independent source of trading signals. We recommend using it in conjunction with additional filters.

Other technical indicators for MetaTrader 5

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