MVA Indicator

MVA Indicator

The MVA indicator for MT4 is an exponential moving average indicator that detects price reversal zones.

The MVA indicator for MetaTrader 4 (MT4) is a forex indicator that evaluates and compares the number of periods of past price actions with current market price to identify a possible reversal zone. It detects short and medium price reversal levels, which makes it ideal for scalpers and day traders.

In other words, this MT4 indicator can predict the end/beginning of trends of a financial asset on the MT4 platform. Furthermore, it also displays the new trend direction with arrows, which doubles as buy/sell signals.

Therefore, the MVA indicator is suited to assist different categories of participants in the financial trading industry (beginners, intermediate, and advanced forex traders) in identifying trading opportunities at reversal zones.

Buy/Sell Signal of the MVA Indicator for MT4

The above image depicts the buy/sell signals identified by the MVA indicator on the EUR/USD currency pair. The green arrows indicate buy signals, while the red arrows signal a bearish move (sell signal).

However, the indicator’s signals are more stable in an established market trend condition (bullish or bearish), especially for day/intraday traders. Furthermore, this technical indicator may be used along with price action as a confluence or in sync with other forex indicators before opting to buy/sell an asset.

Therefore, in an established bullish trend, for instance, you may consider buying an asset after the indicator pops up a green signal arrow. Nonetheless, a scalper may take advantage of the small moves in the market by opening a buy/sell order immediately after the indicator paints a green/red arrow.

Conclusion
The MVA indicator for MT4 is a technical indicator developed with a faster and slower EMA, which identifies reversal zones in the market.