AML Indicator For MT4

AML Indicator need to filter protracted trend on the chart of currency tool. It's just a line that moves horizontally in those moments when the price fluctuation is negligible.

The broken line on the graph, which depicts this light, begins its movement up or down, only after the price currency instrument has changed in either direction by a sufficiently large number of points. But while this indicator is not completely trend. Yes, it responds exactly to the trend, but this does not mean that we should immediately open a deal, you need to consider a not unimportant point, which feature is that the indicator responds already at the beginning of a trend, and with every move increases the likelihood that He soon completed, and you probably get a loss, not profit.

To avoid this, the indicator should not be used to open trading positions, and for their closure, that is to be installed on its level of stop loss and trailing stop. At the same time, looking a little history of graphics, you'll understand what the trend in this indicator is always kept on the schedule for a "safe" distance, thereby allowing to hold a trading position as long as possible, thus obtaining the maximum profit on each transaction.


The use of the trade:
as stated above, this indicator should be used not to open orders directly, and to set the initial stop and trailing stop, so before you turn on this indicator in the trading system, we first need to select the indicator or indicators that you decide on the opening of a position.

All trading systems are divided into two major groups of this trend trading and trading in a price channel, or "channel" system. But since this indicator was created to filter these same channels, therefore to develop a "channel" strategy, this indicator does not fit. That is why this indicator will be useful for you if you are developing or planning to develop a trend trading strategy, for which you will first need is trend indicators, which can be found by default in virtually any trading platform, including a Meta Trader'e .

Download AML indicator for MT4