Ahoora trend indicator combines 3 key trend showing indicators to provide a simple but right signal trend. This indicator aligns exponential moving average (EMA), relative strength index (RSI), and average true range (ATR). The Ahoora trend indicator can be used for scalping strategies and even for long term swing trades.
Additionally added 10, 20, 30, 50, 70, and 90 levels should help to highlight the best situation of trend. More importantly the indicator does not re-paint, meaning it will not lag the live market movement and afterwards change an outcome by re-painting its historical data, which looks perfect when back testing any re-painting indicator.
How to trade with Ahoora trend indicator strategy
The Ahoora trend indicator can be used on any G10 currency pair and during any trading session, but preferably during European. Similarly, it can be used to trade on any time-frame, but H1 would be recommended. The Ahoora indicator could be used to trade in two ways. First, sell when the indicator reaches 90 level and buy when it falls to 10 level.
Second, sell when Ahoora paints a red line and buy when the line turns green. Combination of the two ways could further increase the profitability. The indicator could be used to sell when the line reaches the 90 level and turns red as a confirmation sign. Similarly, buy near the 10 level after a confirmation of a green line. Analogues to the RSI, with the line trailing above 50 level, the market tends to be bullish with an overbought zone near the 10 level, and vice-versa for a bearish market.
How to Install Ahoora trend indicator strategy
How to install your indicator on MT4 platform:
1. Click on Download button below;
2. Save the file to your computer;
3. Move the .ex4 file into the following folder : meta traderexpertsindicators;
4. Restart your Metatrader platform;
5. Click the “Indicators” button in Metatrader toolbar;
6. Select “Custom”;
7. Search and select “Ahoora”;
8. Adjust settings or press OK to add the indicator to your selected chart;
Note: Ahoora indicator is developed by Farshad Saremifar and was sent by an AtoZ Markets follower from Germany, Mark. AtoZ Markets does not carry any copyrights over this trading tool.
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