New Kaufman Indicator Download for MT4 - Free | Forex Indicator Download - MetaTrader 4 Resources - MetaTrader 4 Resources

The New Kaufman Indicator is a trend following tool in MetaTrader 4 that uses exponential moving averages to show the direction of the trend. This trading tool is used to analyze trend changes, market direction and multi-time frame analysis.

It is a suitable choice for beginner traders due to its simple structure and ability to display dynamic support and resistance levels.

Specification sheet of the new Kaufman Oscillator indicator

The specifications of the new Kaufman indicator are as follows:

Overview of New Kauffman Indicators

The New Kaufman Oscillator is based on the intersection of two exponential moving averages, showing buy and sell entry points.

Therefore, a line crossing upward indicates a buy transaction, while a line crossing downward indicates a sell transaction.

Buy Trade Setup

Based on the Bitcoin (BTC) 1 hour chart of the cryptocurrency , the intersection between the lines is considered a suitable entry point for a buy trade.

Additionally, when the black line is above the pink line, it indicates the strength of the uptrend.

Sell ​​Trade Setup

According to the 30-minute chart of AUD/USD, a downward crossover of the two exponential moving averages can be considered a sell signal.

As long as the black line remains below the pink line, the overall market trend will be downward.

New Kaufman indicator settings

The New Kaufman Oscillator is set up as follows:

• AMA Period : Adaptive moving average period
• Fast EMA Period : fast exponential moving average period
• Slow EMA Period : Slow exponential moving average period
• Multiplier : Sensitivity multiplier adjusts the intensity of the indicator's response
• Signal Period : Signal period
• Offset : the offset of the indicator line

Conclusion

The New Kaufman Oscillator uses fast and slow exponential moving averages to provide bullish and bearish signals.

In addition to signaling, the tool's oscillator lines also act as dynamic support and resistance , denoting key price interaction points.