индикатор для форекс mirror / RSI Mirror forex mt4 indicator free download – 4xone

Индикатор Для Форекс Mirror

индикатор для форекс mirror

The Moving Average Mirror Indicator (MAMI) is a technical analysis tool used to identify trends in financial markets. It is based on the principle of moving averages, which is a commonly used indicator in technical analysis.

What is the Moving Average Mirror Indicator?

Mirroring is a feature of the Moving Average Mirror Indicator. Those who have used a traditional MA-based approach may consider this tool to have messed things up. After the blue curve crosses below the red curve, you could seek for buying opportunities. The indicator&#;s name is &#;Mirror Indicator,&#; which indicates you ought to take the opposite reading. You could look for a short transaction when the blue line crosses above the red line. A bullish crossover is depicted similarly by the red curve crossing above the blue curve. Remember the mirroring property or you may execute an incorrect trade.

Setting up the Moving Average Mirror Indicator

Moving Average Mirror Strategy

When the fast-moving average crosses above the slow-moving average, it is interpreted as a bullish signal, indicating that the trend is likely to move upwards. Conversely, when the fast-moving average crosses below the slow-moving average, it is interpreted as a bearish signal, indicating that the trend is likely to move downwards.

The MAMI is often used in combination with other technical indicators, such as the Relative Strength Index (RSI) or the Moving Average Convergence Divergence (MACD), to confirm signals and identify potential entry and exit points for trades.

Buy Signal

The following could be your checklist for a buy trade:

  • When the asset being traded is up trending.
  • When the blue indicator line crosses below the red indicator line.

Once these events occur:

  • You could open a buy position after you confirm your entry with bullish candlestick patterns.
  • You could set your stop loss just below the nearest swing low.
  • You could set your take profit at the nearest resistance zone, or you could exit trade when the blue indicator line crosses above the red indicator line.
  • For good risk management, I would only consider trades with a risk to reward ratio of at least
Moving Average Mirror Indicator Buy Setup

Sell Signal

The following could be your checklist for a sell trade:

  • When the asset being traded is down trending.
  • When the blue indicator line crosses above the red indicator line.

Once these events occur:

  • You could open a sell position after you confirm your entry with bearish candlestick patterns.
  • You could set your stop loss just above the nearest swing high.
  • You could set your take profit at the nearest support zone, or you could exit trade when the blue indicator line crosses below the red indicator line.
  • For good risk management, I would only consider trades with a risk to reward ratio of at least
Moving Average Mirror Indicator Sell Setup

Moving Average Mirror Pros & Cons

Pros

  • The Moving Average Mirror Indicator can help traders predict potential price reversal points on their charts.
  • This indicator could be used as an additional analytic tool for traders who prefer to ride long trends.

Cons

  • The Moving Average Mirror Indicator could be confusing initially when used.
  • This indicator may not be very suitable for a narrow-ranging market on smaller timeframes.

Conclusion

It&#;s important to note that while the MAMI can be a useful tool for traders, it should not be relied upon solely to make trading decisions. It&#;s important to consider other factors, such as market conditions and fundamental analysis, when making investment decisions.

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Trend mirror indicator

Trend mirror is a mt4 (MetaTrader 4) indicator and it can be used with any forex trading systems / strategies for additional confirmation of trading entries or exits.

(downloadable file Trend eunic-brussels.eu contains Trend eunic-brussels.eu4 )

 

Free Download Trend mirror mt4 indicator

How to install Trend mirror in forex trading platform metatrader 4?

  • Extract the downloaded Trend eunic-brussels.eu
  • Go to “File menu” in Mt4 trading platform and click “open data folder”. Open Mql4 folder and open the indicators folder.
  • Now paste the Trend eunic-brussels.eu4 files into indicators folder and restart the MetaTrader 4.

Related Articles

All In One Mirror (AIO Mirror) indicator is an innovative VertexFX indicator based on the popular MACD, RSI, CCI and Stochastic indicators.

The All-In-One Mirror indicator allows the user to choose from the four popular indicators, namely, MACD, RSI, CCI and Stochastic. It calculates the base (primary) indicator, its mirror image and the signal indicator. By using a mirror indicator which is derived as a geometrical complement of the base indicator, the All-In-One Mirror identifies excellent trading opportunities with minimal lag. The MACD, RSI, CCI and Stochastic by themselves although powerful, do not present a complete picture of the trend and often have lag. By using their mirror indicator, the All-In-One Mirror indicator attempts to eliminate this lag and provide quicker response to trend reversals. Likewise, in case of RSI or Stochastic, it does not depend on fixed thresholds, for example of 30/70, but rather these threshold levels are dynamically calculated based on the mirror and the signal indicator thus making it more adaptive and less prone to lag.

The base indicator is displayed in red; its mirror indicator is displayed in blue and the signal indicator is displayed in yellow. The formula for calculating the base indicator, its mirror and the signal indicator are described below for each mode.

a) MACD Mode – In the MACD mode, the base indicator is calculated by subtracting the simple moving average of the Open price from the simple moving average of Close price over INDICATOR_PERIOD. The mirror indicator is calculated by subtracting the simple moving average of the Close price from the simple moving average of its Open price over the same period. The signal indicator is calculated as the simple moving average of the base indicator.

b) RSI Mode – The base indicator is calculated by subtracting 50 from the RSI indicator with the INDICATOR_PERIOD. The mirror indicator is calculated by subtracting the RSI indicator from The signal indicator is calculated by subtracting 50 from the simple moving average of the RSI indicator.

c) CCI Mode – The base indicator is calculated as the CCI indicator with the INDICATOR_PERIOD. The mirror indicator is the negative value of the base indicator. The signal indicator is the simple moving average of the base indicator calculated over the SIGNAL_PERIOD.

d) Stochastic Mode – The Stochastic indicator with INDICATOR_PERIOD and periods of 3 and 3 for %K and %D periods respectively is calculated first. The base indicator is derived by subtracting 50 from this Stochastic indicator. The mirror indicator is calculated by subtracting the Stochastic indicator from Therefore, both the base and mirror indicators are exactly identical and on the opposite side of the zero line. Finally, the signal indicator is calculated as the stochastic signal line using the SIGNAL_PERIOD.

eunic-brussels.eu

 

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