MA2 Tenkan AA MTF TT Arrow Trading Indicator, created by the well-known trader Tankk from the forexsystemsru.com forum, is based on the use of the Tenkan-sen line.
Tenkan-sen is a reversal, short-term fast trend line calculated as the average of the high and low prices over a period.
Tenkan-sen indicates the direction of the short-term trend:
- If it is moving upward, the trend is bullish.
- If it is moving downward, the trend is bearish.
- If it is parallel to the time axis, the market is in a range or consolidation phase.
The MA2 Tenkan AA MTF TT Arrow Trading Indicator does not repaint its signals in MTF mode when the RePaintMTF parameter is set to false.
- Download MA2 Tenkan AA MTF TT Arrow Indicator
- Discuss MA2 Tenkan AA MTF TT Indicator with the author and traders
Other Profitable Trading Indicators
https://fortraders.org/indicators-forex/information-indikators/prognoziruyushhij-torgovyj-indikator-purple-mist.html
https://fortraders.org/indicators-forex/trend-indicators/trendovyj-torgovyj-indikator-trend-arrows.html
https://fortraders.org/indicators-forex/trend-indicators/trendovyj-torgovyj-indikator-digital-30-mashek.html
FAQ
What is the MA2 Tenkan AA MTF TT Arrow Trading Indicator?
The MA2 Tenkan AA MTF TT Arrow Trading Indicator is a technical analysis tool that uses the Tenkan-sen line to identify short-term trends and provide trading signals.
How does the Tenkan-sen line work?
The Tenkan-sen line is calculated as the average of the high and low prices over a specific period, indicating the direction of the short-term trend.
Can the MA2 Tenkan AA MTF TT Indicator repaint signals?
No, when the RePaintMTF parameter is set to false, the indicator does not repaint its signals in MTF mode.
