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Price Action Indicator

(2 customer reviews)

Original price was: $16.00.Current price is: $9.99.

Maximize your trading potential with the Price Action Indicator from KOKOSHELL. Designed for precision and efficiency, this indicator seamlessly integrates advanced EMA and RSI algorithms to provide clear buy and sell signals.Moreover, it eliminates noise with its unique arrow filtering system. The FastEMA in sleek black and SlowEMA in vibrant blue keep your chart visually intuitive.
Additionally, with a robust, user-friendly interface, traders of all levels can leverage its powerful capabilities for enhanced decision-making. Consequently, transform your trading strategy with reliable signals and gain an edge in the markets. Experience the future of trading with the Price Action Indicator – your path to consistent profits.

Software Information

☑️ Unlimited Installations
☑️ Lifetime Licence
☑️ All currency pairs

Guaranteed Safe Checkout
  • Our expert advisor comes without preset input parameters, giving you the freedom to backtest and find the best settings that fit your trading style, ultimately helping you achieve success.
Your Ultimate Trading Companion

Price Action Indicator for MetaTrader 4

Welcome to the future of trading with the Price Action Indicator for MT4 (Metatrader 4) by KOKOSHELL. Specifically designed for both novice and professional traders, this cutting-edge tool enhances your trading strategy by delivering precise buy and sell signals.
With advanced EMA and RSI algorithms at its core, the MT4 Indicator ensures you stay ahead in the competitive trading market.

How It Works:

The Price Action Indicator operates by combining Fast and Slow Exponential Moving Averages (EMAs) with the Relative Strength Index (RSI). Consequently, here’s a step-by-step breakdown:

  1. EMA Calculation: The indicator calculates the FastEMA (black) and SlowEMA (blue) based on the specified periods. Therefore, these moving averages help identify the market trend.
  2. RSI Calculation: The RSI is computed to gauge the market’s momentum and potential reversal points. Furthermore, this helps in identifying optimal entry and exit points.
  3. Signal Generation: Buy and sell signals are generated when specific conditions are met:
    • Buy Signal: When the FastEMA crosses above the SlowEMA and the RSI is above the buy threshold. As a result, it indicates a potential upward trend.
    • Sell Signal: When the FastEMA crosses below the SlowEMA and the RSI is below the sell threshold. Thus, it signals a potential downward trend.
  4. Arrow Filtering: To reduce noise, the indicator only displays an arrow if it differs from the last arrow, ensuring clarity and precision. Consequently, this prevents confusion and enhances signal reliability.

Key Features:

Explore the robust features designed to optimize your trading strategy:

  • Advanced EMA and RSI Integration: Combines two powerful indicators to provide accurate market signals. Moreover, this integration enhances your trading precision.
  • Clear Visual Signals: Up and down arrows indicate buy and sell opportunities, with customizable colors and widths. Consequently, this makes it easier to interpret market trends.
  • Noise Reduction: Unique filtering mechanism prevents repetitive signals, ensuring only the most relevant information is displayed. Therefore, you can focus on critical trading data.
  • User-Friendly Interface: Simple setup and intuitive design make it accessible for traders of all levels. Additionally, the interface is easy to navigate.
  • Customizable Parameters: Adjust EMA periods, RSI levels, and arrow spacing to suit your trading style. Consequently, this customization enhances your trading experience.

Why Choose the Price Action Indicator?

Opting for the Price Action Indicator equips you with a tool designed to enhance your trading performance:

  • Precision: Eliminates market noise, delivering only the most critical signals. Therefore, it ensures accurate trading decisions.
  • Efficiency: Enhances decision-making with clear, visual cues. Consequently, it streamlines your trading process.
  • Reliability: Built on robust algorithms that adapt to various market conditions. Moreover, it provides consistent performance.
  • Versatility: Suitable for all trading styles, from scalping to long-term investing. Additionally, it adapts to different market conditions.
  • Support: Backed by KOKOSHELL’s expert customer service and continuous updates. Therefore, you receive ongoing assistance and improvements.

Frequently Asked Questions (FAQs):

  • What markets can I use the Price Action Indicator on?
    The Price Action Indicator is versatile and can be used on various markets, including forex, stocks, commodities, and cryptocurrencies.
  • Is the indicator suitable for beginners?
    Absolutely! The user-friendly interface and clear visual signals make it easy for beginners to understand and use. Additionally, the straightforward design ensures ease of use.
  • Can I customize the indicator settings?
    Yes, you can customize the FastEMA and SlowEMA periods, RSI levels, and arrow spacing to fit your trading strategy. Consequently, this flexibility ensures it meets your specific needs.
  • How do I install the Price Action Indicator on MetaTrader 4?
    Simply download the indicator file from KOKOSHELL,
     place it in the “Indicators” folder of your MT4 platform, and attach it to your chart. Furthermore, the installation process is quick and straightforward.
  • Does the indicator repaint signals?
    No, the Price Action Indicator does not repaint. Once a signal is generated, it remains on the chart. Therefore, you can trust the reliability of the signals provided.

Transform Your Trading Strategy Today

Elevate your trading game with the Price Action Indicator for MT4 (Metatrader 4). With its advanced features, user-friendly interface, and reliable performance, this indicator is designed to help you make informed trading decisions and achieve consistent profits. Don’t miss out on the opportunity to transform your trading strategy.
Therefore, secure your advantage now with the Price Action Indicator.

Indicator Settings

  1. FastEMAPeriod: This parameter sets the period for the fast Exponential Moving Average (EMA). The EMA is a type of moving average that gives more weight to recent price data, making it more responsive to short-term price movements. A lower FastEMAPeriod value results in a faster-moving average that reacts more quickly to price changes.

  2. SlowEMAPeriod: Similar to FastEMAPeriod, this parameter determines the period for the slow Exponential Moving Average (EMA). The slow EMA smooths out price data over a longer period, providing a more stable indication of the underlying trend. A higher SlowEMAPeriod value leads to a slower-moving average, which is less sensitive to short-term fluctuations.

  3. RSIPeriod: RSIPeriod sets the period for the Relative Strength Index (RSI) calculation. RSI is a momentum oscillator that measures the speed and change of price movements. It ranges from 0 to 100 and is typically used to identify overbought or oversold conditions in the market. A higher RSIPeriod value smooths out the RSI calculation over a longer period, resulting in fewer but potentially more reliable signals.

  4. RSIBuyLevel: RSIBuyLevel specifies the RSI threshold level for generating buy signals. When the RSI value crosses above this level, it indicates potential buying opportunities. Traders often set this level below 50 to capture buy signals during pullbacks within an uptrend.

  5. RSISellLevel: RSISellLevel defines the RSI threshold level for generating sell signals. When the RSI value falls below this level, it suggests potential selling opportunities. Traders typically set this level above 50 to capture sell signals during pullbacks within a downtrend.

  6. ArrowSpace: ArrowSpace determines the space between the breakout arrow and the candlestick on the chart, measured in points. Increasing ArrowSpace places the arrow farther away from the candle, providing clearer visual separation, while decreasing it brings the arrow closer to the candle, offering a more concise representation.

These input parameters allow traders to customize the EA's behavior and sensitivity to market conditions based on their trading strategies and preferences. Adjusting these parameters can help optimize the EA's performance and adaptability to different market environments.

2 reviews for Price Action Indicator

  1. Ethan Mitchell

    This indicator has greatly improved my trading accuracy. The price action signals are spot-on, and I’ve seen a substantial increase in my profitability. It’s become an essential part of my trading toolkit.

  2. Olivia Thompson

    Very effective tool for trading. The signals are clear and reliable, helping me make better decisions. It’s easy to use and integrates well with my strategies. Highly recommended for serious traders.

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