Kairi 1.01 AHTF Indicator

Kairi 1.01 AHTF Indicator

Kairi 1.01 AHTF Indicator For MT4 plots a moving average oscillator based on the first, second or third higher time frame. Best for forex trend trading

The Kairi 1.01 AHTF indicator for MT4 plots the moving average oscillator based on price data of any time frame on the current chart. Most forex traders use higher time frames to identify trend direction. However, this indicator plots the moving average oscillator based on the first, second or third higher time frame. As a result, traders can stay in the direction of higher price trend easily.

The indicator is easy to identify as is similar to any oscillator and is suitable for new and advanced forex traders. Moreover, it works well in all intraday price charts and higher. Traders can choose the first, second or third higher time frame for indicator calculation based on short or long term trading preferences.

Kairi 1.01 AHTF Indicator For MT4 Trading Signals

The indicator plots a blue oscillator line, for clarity we have placed a white line at the zero level. The trading strategy is based on the crossover of the zero line of the indicator. An upward cross of the zero line indicates a bullish trading signal and the downward cross is bearish.

If the indicator line moves higher than the zero line, traders should enter the market with a buy trade. A stop loss below the swing low should protect the position. However, traders should exit at opposite trading signal with a profit.

A downward crossover provides bearish signal, so traders enter a sell position using the similar exit strategy as the buy condition.
Another trading strategy is to look for divergence within the oscillator and the price chart.

Conclusion
In summary, the Kairi 1.01 AHTF indicator for MT4 plots the moving average oscillator of any higher time frame in current chart for trend identification.