DKX Arrows Alerts Indicator

DKX Arrows Alerts Indicator is a trend-following forex trading indicator which applies dual-band of moving average system of its own parameters to generate the trade signals. The signal demonstration process of this indicator has been designed in a simple way so that trader with any level of experience can understand them.

DKX Arrows Alerts Indicator is a versatile trading tool since it matches with all sort of timeframe charts of the MT4 trading platform. Moreover, all kinds of forex currency pairs can be traded using this handy trading tool.

DKX Arrows Alerts Indicator Overview

Just complete this installation of the Indicator at the MT4 terminal and once you’re done, you’ll find your chart as the image below:

DKX Arrows Alerts Indicator Overview

DKX Arrows Alerts Indicator: Further Explanation

DKX Arrows Alerts Indicator Explanation

  • DKK 8TT & DKK 12TT: These tools represent a special moving average system of this indicator used to generate crossover trend signals for its users. DKK 8TT moves above the DKK 12TT is considered as the bullish crossover. Contrarily, DKK 12TT moves above the DKK 8TT means the bearish crossover signal of the market trend.
  • Signal Arrows: It has been added to this indicator for making a better understanding of the crossover signals. An upward arrow signals the bullish crossover and a downward arrow indicates the bearish crossover signals.

Check: MA 3 Color MT4 Indicator

DKX Arrows Alerts: Trading Rules

Buy Entry

DKX Arrows Alerts Buy Entry

  • DKK 8TT moves above the DKK 12TT
  • An upward arrow is plotted pointing bullish crossovers
  • Buy triggers when the above conditions are met
  • Set stop loss below the signal arrow
  • Exit long/take profit whenever DKK 8TT moves below the DKK 12TT

Sell Entry

DKX Arrows Alerts Sell Entry

  • DKK 12TT moves above the DKK 8TT
  • A downward arrow is plotted pointing bearish crossovers
  • Sell triggers when the above conditions are met
  • Set stop loss above the signal arrow
  • Exit short/take profit whenever DKK 12TT moves below the DKK 8TT

[button-red url=”https://www.forexadmin.com/wp-content/uploads/2019/06/dkx-arrows-alerts-indicator.zip” target=”_blank” position=”center”]Free Download DKX Arrows Alerts Indicator[/button-red]

Get more stuff like this in your inbox

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Thank you for subscribing.

Something went wrong.

On Forex Admin, you can find unlimited free forex indicators and systems that are collected from various sources. This is the website if you are looking for the best indicators and systems that work.

Leave a Comment