Varmov Indicator

Varmov Indicator

Varmov Indicator For MT4 removes lag and provides better moving average crossover forex trading buy and sell signals, best to identify trend trades

The Varmov indicator for MT4 uses a complex formula to calculate the moving averages that differ from the classic Moving average calculation. Moreover, this Variable Moving Average – VarMov removes the lag associated to moving average. This provides forex traders with a responsive crossover of the fast and slow ones. And identify the bullish and bearish market conditions and trade with better results.

The indicator is easy to understand and is suitable for new and advanced forex traders. Moreover, traders can apply this indicator on any chart time frame including the intraday, daily, weekly and monthly price charts.

Varmov Indicator For MT4 Trading Signals

The indicator plots an indicator line with red and green dots on the price chart. The red indicator indicates a bearish trend, while the green one is bullish. The trading strategy of the indicator is based on the color change.

If the indicator dots change to green to indicate the start of a bullish price trend, traders should enter a buy trade with a stop loss below the previous swing low. Similarly, if a red dot appears to indicate a bearish trend, traders should open a sell position with a stop los above the previous swing high.

The best strategy is to hold the position and ride the trend and exit at an opposite trading signal, as it indicates a trend change.

Another important implication is to identify the price trend in the current chart. Traders should look for a precise entry point in a lower time frame. Thus enhances the possibility to enter the market in the direction of a higher price trend and increases the win rate.

Conclusion
In summary, the Varmov indicator for MT4 provides forex trading signals based on crossover of moving averages without the lag.