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Moving averages and various similar trend curves are certainly among the most popular indicators that have undergone many modifications during their existence, some of which have made them almost a mythical Holy Grail.
The Triteton, another unique one, which with its unique characteristics can also in some ways equal the best indicators in many ways, thus earning its place here in our mini collection of trading indicators.
- Indicator of refined moving average crossings
- User difficulty: Advanced
- Usability: Forex, Oil, Gold, Silver
- MetaTrader 4 Compatibility.
- Free indicator updates
Trading with the indicator
The most important element of this indicator is its settings, which should always be well chosen depending on the currency pair selected. Thus, when trading with Triton, every user should have at least moderately advanced trading knowledge, otherwise there is a risk of experiencing above-average losses in the selected trading sessions, and of course no trader ever wants that.
Trading is then a very simple matter of just waiting for two lines to cross (slower and faster) and then entering a position in the direction of the faster line (see chart below).
Download Triteton from the button below
