This foreign exchange indicator is known as MKNC. It enhance simple to comprehend purchase and auction signals. The indicator comprises of red dots and a blue borderline for trend movement. It is established on rapid and slow exponential moving averages.
Purchase signal: Blue indicator signal borderline bypasses the red dots from beneath. Position the purchase order at the beginning on the coming bar.
Auction signal: Blue indicator signal borderline bypasses the red dots from on top. Position the auction order at the beginning of the coming bar.
- Suitable on any recommended currency pairs.
- The endorsed time frame for this forex indicator is one minute and beyond.
- Applicable on one minute, five minutes, fifteen minutes: London and US trading sessions. All exchanging sessions beyond the fifteen minutes time frame.
- Colors, applied price, fast and slow EMA period, and signal period are the configurable options for this forex indicator.
The EUR/USD One Hour Instance Chart
Utilize this forex Indicator at your own risk. WindsorForex cannot be responsible for any losses associated with utilizing any forex indicator presented on the site. It’s not recommended to utilize this indicator on the real account without testing it on demo first.