DSS Averages Of Momentum is a mt4 (Metatrader 4) indicator that can be used for both trade entry and exit or as an additional trend confirmation filter.
The indicator appears in a separate MT4 chart window.
Buy & Sell Trading Signal
- Open a buy order when the green line starts drawing on the chart.
- Open a sell order when the orange line starts drawing on the chart.
The indicator works equally well on all assets (Forex, CFD stocks, Indices, Cryptocurrencies, Commodities,..) and shows promising results if used correctly.
Free Download
Download the “dss-averages-of-momentum.mq4” indicator for MT4
Indicator Example Chart (EUR/USD H1)
The picture below shows the DSS Averages Of Momentum mt4 indicator in action on the trading chart.
Tips:
Feel free to use your own favorite trade entry, stop loss and take profit strategy to trade with the DSS Averages Of Momentum Forex indicator.
As always, trade in agreement with the overall trend and practice on a demo account first until you fully understand this indicator.
Please note that even the best trading indicator cannot yield a 100% win rate over long periods.
Indicator Specifications & Inputs:
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Trade Style: Works for scalping, day trading and swing trading
Input Parameters: Variable (inputs tab), color settings & style
Indicator type: Trend oscillator
Does the indicator repaint? No.
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Download the “dss-averages-of-momentum.mq4” indicator for Metatrader 4