Trading utilities for MetaTrader 4
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MetaTrader 4
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Overview
Emergency trend technical indicator is used to analyze price movements in the Forex market. It is included in the so-called arrow indicators. And it is very practical in that it forms arrows in places where buy signals appear, or, conversely, sell signals.
Naturally, do not forget that any indicator is just an assistant, not a magical tool, by the will of which you will become fabulously rich.
Unfortunately, many novice traders forget about this, they see a potential grail in each indicator, which is not worth doing at all. No indicator will ever tell where the price will go, we cannot know this.
In general, the whole point of trading comes down to probability, somewhere it is more, and somewhere it is less. Use the indicator as you see fit.
