Nduet Semaphore Trend Momentum Indicator MT5

Nduet Semaphore Trend Momentum Indicator MT5

The Nduet Semaphore Trend Momentum Indicator MT5 (MetaTrader 5) is a technical tool consisting of two Moving Averages and a Semaphore indicator attached to the activity chart. The purpose of the moving averages is to determine the trend’s direction, whereas the Semaphore alert indicator serves to identify the momentum of the trend. This forex MT5 indicator is available for free download.

Nduet Semaphore Trend Momentum Indicator MT5: Introduction

MT5 Indicator Overview

The download link of the Nduet Semaphore Trend Momentum MT5 indicator is placed at the bottom of this post – once you’re done, your Metatrader 5 trading chart should look similar to the example below.

Nduet Semaphore Trend Momentum Indicator Example Chart

Trading with the trend is a fundamental principle in forex. While acknowledging that the trend is advantageous, it can be challenging to accurately identify the market’s direction. Fortunately, the NDuet indicator offers a solution. This dedicated trend indicator not only displays the market price’s direction but also provides buy and sell signals, ensuring the preservation of your profits.

Trading rules explanation

The NDuet indicator comprises two moving average lines, distinguished by their colors, blue and red. The red line represents the fast moving average (set at 21 period), while the blue line represents the slow moving average (set at 55 period).

To initiate long positions, it is crucial to confirm that the red line is positioned above the green line and is ascending. Furthermore, the indicator will occasionally display green circles as a reliable indication of a buy signal. When the red line intersects the green line, it signifies a reversal in the prevailing trend.

Conversely, the indicator generates a sell signal when the red line descends beneath the green line, sometimes accompanied by the appearance of a red circle. A crossover between the red and green lines indicates a shift in the ongoing trend.

MT5 Indicators: Download and Installation Instructions

Download the Nduet Semaphore Trend Momentum Indicator MT5.rar archive at the bottom of this post, unpack it, then copy and paste the nduet-semaphore-trend-momentum.ex5 or nduet-semaphore-trend-momentum.mq5 indicator files into the MQL5 folder of the Metatrader 5 trading platform.

You can gain access to this folder by clicking the top menu options, which goes as follows:

File > Open Data Folder > MQL5 > Indicators (paste here).

Now go to the left side of your MT5 terminal. In the Navigator find the gauge name, right-click it and select Attach to the chart.

Free Download Forex Nduet Semaphore Trend Momentum MT5 Indicator

To download the Nduet Semaphore Trend Momentum Indicator for Metatrader 5 (MT5) for free just click the button below:

Nduet Semaphore Trend Momentum Indicator Free Download

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