T3 High-Low Activator MTF Indicator
Platform: MT4 Type: Trend Last update: November 22, 2024The T3 High-Low Activator MTF Indicator for MT4 at first glance looks like moving average, but it’s improved. Namely, it filters lots of fake signals and gives more clear trend direction hints. Both of these advantages are due to colored readings.
When there’s a green line plotted, it corresponds to bullish setup. Pay attention how reliable the provided signals are – often even when the price drops below the line and it seems like an reversal, the color is unchanged and afterwards it continues movement to the upside. Actually, this is scanario with the biggest profit potential.
Of course, the same applies for bearish setup when line turns red and price can rise above it in order to drop next.
Example chart
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