MTF Smart Reversal Trading Indicator

Categories: MT4/MT5 Indicators | Posted By: Alexander Williams
MTF smart reversal trading indicator

The MTF Smart Reversal Trading Indicator it is able to surpass its original bar by 70 – 80% of profitable entries due to the implementation of MTF mode.

The MTF Smart trading indicator is a new version of Smart Mix of MFI, RSI and Stochastic indicator, which implements MTF mode.

The MTF Smart indicator, like the original, is built on a combination of three indicators and displays their specific combination on the chart:

  • MFI;
  • RSI;
  • stochastic.

The locations for opening positions according to the MTF Smart indicator are determined as follows:

The start of sales — at the end of the orange line;
the start of shopping — at the end of the green line.

The MTF Smart trading indicator, like its predecessor, is most effectively used in combination with divergence, which will filter out false entries and increase the original indicator by 70 – 80% of profitable signals.

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