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Long-term trading indicators usually have much less fans than short-term ones, which make trading much more fun for traders.
It's a shame, because it is the long-term indicators that can offer the opportunity to make a lot of money even with "small" volume. LongTerm is one of them. It is a great indicator with which it is possible to really make long trades without having to take excessive risks, which is also one of its main advantages.
- Long Term Market Indicator
- User difficulty: moderately advanced
- Usability: Forex, Stocks, Stock indices, Oil
- MetaTrader 4 Compatibility.
- Free indicator updates
Trading with the indicator
Another trading indicator that just needs to be set correctly and then just wait until the value breaks the 50 level, which is a kind of reflection of the trend situation. Thus, if the value of the indicator simply drops below the 50 level, then it can be assumed that the selling mood prevails in the market and, on the contrary, above this level, it can be assumed that buying has gained the upper hand.
Download LongTerm from the button below
Do you need help with installing this indicator into MT4 for Windows or Mac OS? Our guide HERE will help you.
