Arrow trading indicator Eraser on Keltner AA MTF TT
Arrow trading indicator Eraser on Keltner AA MTF TT - is a signal modification of the Keltner channels, the author of which is a forum user already known to our readers forexsystemsru.com Tankk trader.
The Keltner Channel is a trend indicator, which is used to search for reversals when its boundaries are broken. The indicator Eraser on Keltner AA MTF TT is its signal version and has one interesting feature.
At first glance it may seem that it draws, but in fact, it only "erases" false arrows, leaving only the current ones.
"Erasing" of the arrows occurs in the limit of the minimum period moving averages (default: Fast), the channel itself is built according to the maximum period (default: Slow).
In addition, the indicator has a built-in auto-refresh 25 seconds before the close of the candle. In MTF mode the auto-refresh is disabled.
Arrow trading indicator Eraser on Keltner AA MTF TT is designed for the 5 most volatile/trend pairs: EURJPY, GBPUSD, GBPJPY, EURCAD, USDCAD.
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