Maloma S Enter Indicator
Platform: MT4 Type: Scalping Last update: December 5, 2024The Maloma S Enter Indicator for MT4 displays dots and circles placed below and above candlesticks. Most of the time it looks like its pointing high and low points for a certain range, but actually it’s not always the case. Behind the scenes, it operates on EMA and SMA.
These signals can act as trade entries and exits, however they should be definitely combined with other technical tools for confirmation and more holistic outlook.
Example chart:
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