Triple EMA Breakout Arrows
- Eko Baskoro
- Version: 1.0
- Aktivierungen: 5
Triple EMA Breakout Arrows is an indicator that consisting of three Exponential Moving averages and Adjustable Fractal indicator.
This indicator was built using MQL4 programming language and it is used on the Metatrader 4 (MT4) trading platform.
The Exponential Moving Averages is used to determine of the trend direction and Adjustable fractals is used to find reversal points and breakout levels.
Adjustable fractal with arrows objects is divided by bullish and bearish fractal arrows and breakout arrows.
TEMABA is also suitable for all markets such as indices, forex, etc.
It is recommended to adjust or retest to get the good settings for each timeframe.
Also, it is very good to use when the prize is trending.
Parameters in settings:
1. Period of EMA 1
2. Period of EMA 2
3. Period of EMA 3
4. Shift of EMA 1
5. Shift of EMA 2
6. Shift of EMA 3
7. Bars before Fractal
8. Bars after Fractal
9. History Bars