ARSI & SigMA Indicator

Platform: MT4 Type: Trend

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Last update: November 2, 2024

The ARSI & SigMA Indicator for MT4 is in essence an combination of multiple moving averages with a twist.

For this approach, the central point is a bald blue line. In order to undestand short-term market trend, one need to pay attention of alignment of colorful rainbow of MAs. When it’s located above the main signal line – it corresponds to bullish setup. Conversely, when it’s placed below it, it means a bearish scenario.

Example chart:

arsi sigma indicator example chart