The ARSI Moving Average for Metatrader 4 represents an enhanced Moving Average with reduced lag.
It’s a great scalping and day trading indicator that offers many trade possibilities throughout all trading sessions.
Tip: You can create your own ARSI Moving Average crossover trading system by adding 2 ARSI Moving Averages to the chart with different period (short and long term).
The trade logic behind this ARSI Moving Average Forex indicator is very easy to understand:
- A buy trend occurs when price trades above the ARSI Moving Average.
- A sell trend occurs when price trades below the ARSI Moving Average.
You can create your own personal ARSI buy/sell signals by editing the indicator’s inputs values.
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ARSI Moving Average Forex Indicator Chart
Here’s an example of how the indicator should look like when loaded onto the Metatrader 4 chart.
You can apply the indicator to any currency pair and time frame of your preference.
Finding Buy and Sell Triggers With ARSI Moving Average Forex Technical Analysis Chart Indicator
Below is an example of how to buy and sell currency pairs with this Forex indicator:
Buy Trigger: Wait for the price to close above the ARSI Moving Average from below. This is your buy entry.
Place initial stop loss below recent support, or use your own stop loss placement method.
Close the buy trade when price turns back below the ARSI Moving Average. The trend is now bearish.
Alternatively, exit the ARSI buy trade for a fixed take profit target, for example, 30 pips on the 15-minute trading chart.
Sell Trigger: Wait for the price to close below the ARSI Moving Average from above. This is your sell entry.
Place initial stop loss below recent resistance, or use your own stop loss placement method.
Close the sell trade when price turns back above the ARSI Moving Average. The trend is now bullish.
Alternatively, exit the ARSI sell trade for a fixed take profit target, for example, 15 pips on the 5-minute trading chart.
Tip: Aim for a larger profit outlook on the higher time frames (M30, H1, H4, D1)!
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Period, colors, width, style.
The indicator can be used as a stand-alone signals indicator.
It can also be combined with:
- Trading oscillators (MACD, Stochastic, RSI,…)
- Trend indicators (Moving Average, Bollinger Bands, ADMI,…)
- Price action methods and techniques
More Info About This Indicator
Tradable Currency pairs: Any
Trading Platform: MT4
Time frames: M1, M5, M15, M30, H1, H4, D1, W1
Indicator Type: trend
Copy and paste the indicator in the MT4 indicators data folder.
Then restart the MT4 terminal and attach it to any chart.