Forex Blog

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New MetaTrader Indicator

December 4, 2007 (Last updated on December 3, 2009) by

I’ve added a new MT4 indicator — Var Mov Avg — based on the varying period moving averages crosses. It can be used as a current trend indicator and can be very good on the trendy markets. On the flat market it will show some bad picture, but it can be filtered out. This indicator also produces a sound alert every time it detects a trend change.

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