Based on RSI and moving averages, Tarzan is an indicator that has several time frames to give you accurate trading signals.
Input parameters:
-Time Frame = 60; You are free to choose any of the following size to be the period of the diagram:
1 – 1 minute;5 – 5 minutes;
15 – 15 minutes;
30 – 30 minutes;
60 – 1 hour;
240 – 4 hours;
1440 – 1 day;
10080 – 1 week;
43200 – 1 month;
0 – Current period chart.
-RSI=5; period of RSI indicator.
-Applied RSI=0; the used price. There can be any of price constants:
0 – Close price;1 – Open price;
2 – High price;
3 – Low price;
4 – Average price, (high+low) /2;
5 – Typical price, (high+low+close) /3;
6 – Weighed price of closing, (high+low+close+close) /4. -MA=50; period of Moving Average indicator.
-Method MA=0; – a method of averaging. And it can be any of these methods: 0 – Simple moving average;
1 – Exponentially smoothed moving average;
2 – Smoothed moving average;
3 – Linearly weighed moving average.
-Koridor = 5; a threshold of an envelope.
How To Trade With Tarzan:
When you find the square converting to green, buy the signal. On the other hand, sell the signal when the square gets red.
Tarzan Forex Indicator MetaTrader4 – Download Instructions
Tarzan Forex Indicator- In order to transform accumulated history data, you need a MetaTrader 4 indicator. It is a MetaTrader 4 indicator that allows you to detect several changes and dynamics in price that many traders can’t estimate or see without an indicator, which highlights its essence and usage.Accordingly, traders can draw conclusions and make estimates about how the prices will change based on the information they have and then they can modify their strategy for better trading.
How to Install Tarzan Forex indicator for MetaTrader 4.mq4?
Tarzan Forex Indicator for MetaTrader 4.mq4Copy Indicator for MetaTrader 4.mq4 to your Metatrader 4 Directory / experts / indicators /
Start or restart your MetaTrader 4 Client
Select Chart and Timeframe where you want to test your mt4 indicator
Search “Custom Indicators” in your Navigator mostly left in your MetaTrader 4 Client
Right click on Tarzan Indicator for MetaTrader 4.mq4
Attach to a chart
Modify settings or press ok
Forex Indicator for MetaTrader 4.mq4 is available on your Chart
How to remove Tarzan Forex Indicator for MetaTrader 4.mq4 from your Metatrader 4 Chart?
Select the Chart where is the Indicator running in your Metatrader 4 ClientRight click into the Chart
“Indicators list”
Select the Indicator and delete
Related Source: TARZAN MT4 Indicator
Related Indicator: MA Segments MetaTrader 4 Forex Indicator
Download Tarzan Forex IndicatorDOWNLOAD INDICATOR