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Intuitive trading indicators, especially those that can really reflect the current situation and to some extent predict future market developments, are among the most valuable indicators, for which their creators often charge really high sums.
However, we have here one completely free of charge, and what is more, not only can this indicator predict trend changes, but in addition, it conveys this information in a trivial way by changing the color of the line, thanks to which the trader always easily knows which side to open his trading positions.
- Trend indicator
- User difficulty: very simple
- Usability: Forex, Stock indices, Precious metals
- MetaTrader 4 Compatibility.
- Free indicator updates
Trading with the indicator
The Long&Short is a very intuitive trading indicator, where even a complete beginner can easily see which direction the market is going to go, or which direction the market is in at any given moment. To clarify, if the indicator line is colored green, then the expectation is that the market will rise, otherwise, if the line is purple, then it will most likely fall. In general, of course, it is still the case that if the assumption is that the market will rise, then we enter long positions and conversely, if the assumption is that it will fall, we enter shorts.
Download Long&Short 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.
