Technical Indicators for MetaTrader 5
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MetaTrader 5
Top Rated Products MT5
Overview
The main application of the Rwanda indicator is to generate buy and sell signals. Displays the Rwanda indicator signals on the price function chart using a mathematical approach. The indicator determines the long-term and short-term trend. The best result is given by the combination of the indicator with fundamental news, it can act as a news filter, that is, it can show how the market reacts to this or that news.
With this indicator, you can predict future values. The indicator is designed to determine either a trend or short-term buy or sell signals. The indicator will protect your open position in any timeframe and currency pair. It can be used both for pipsing on small periods and for long-term trading. The indicator implements a kind of technical analysis based on the idea that the market is cyclical in nature.
You can trade on any currency, because the strategy is a universal approach. The indicator shows entry signals, relying on price patterns. The main thing to understand is that the indicator parameters must be selected for each instrument and each timeframe.
