Sinc MA Indicator
Platform: MT4 Type: Trend Last update: September 23, 2024The Sinc MA Indicator is a smoothed version of moving average and helps to understand trend and the market direction. Thanks to the smoothing technique it provides less noise. In order to decide on a trade, one should observe slope, but not necessarily price alignment in relation to signal line.
For the regular MAs, it’s always long potential when price is located above the line and short when below. This rule is not applicable here and instead the angle is crucial – the more steep, the better.
Forex traders should consider a position after meaningful change of the bias and steep slope (avoid flat conditions!). It’s worth to apply trailing stop to secure profit. Feel free to try various combinations with other technical analysis indicators.
Take a look at this USD/JPY H4 chart:
