Market Noise MT4
- Indicators
- Ivan Butko
- Version: 1.2
- Updated: 29 May 2024
- Activations: 10
Market Noise
Market Noise is an indicator that determines market phases on a price chart, and also distinguishes clear smooth trend movements from noisy flat movements when an accumulation or distribution phase occurs.
- Defining a clear trend for trend trading systems
- Flat determination for aggressive systems (grids, averaging, martingale, sitting out), or trading systems with high SL and low TP
- Few settings - only the calculation period in bars
Use the Market Noise indicator as an addition to your trading system
МТ5 - https://www.mql5.com/ru/market/product/107899
Try also my other products in the market https://www.mql5.com/ru/users/capitalplus/seller
Wishing you great profits in trading!
Respects for the maker of this indicator: It functions as describes. There is a scenario where if I have too many indicators in the window or act fast, suddenly the data feed slows down or the indicator doesn't show in the subwindow. Overall, the indicator displays in each timeframe, filtering out the neutral side ranging market moments, revealing and leaving open space for trend taking opportunities.