AFStar Indicator for MetaTrader 4 Download – Free – [Trading Finder]

The AF Star Indicator (AFStar) is designed to display trade entry and exit signals on the MetaTrader 4 platform. This indicator utilizes Moving Averages and Williams tools to mark optimal trade entry points with arrow indicators.

AFStar helps traders identify ideal entry points in any trading market, including forex, cryptocurrencies, stock indices, and commodities.

Specifications Table AF Star Indicator (Adaptive Filter Star)

The table below provides a detailed specification overview of the AFStar indicator.

AFStar Indicator at a Glance

The AF Star Indicator operates similarly to intelligent signal-filtering systems by generating signals only under optimal conditions(trend + momentum combination). This trading tool displays bullish signals in blue and bearish signals in orange.

Buy Signal Entry

An example using the AUD/USD currency pair on the 1-hour timeframe demonstrates how the AFStar Indicator functions.

The image shows that the indicator generates a buy entry signal at the most optimal point.

Sell Signal Entry

Based on the SOLANA cryptocurrency chart on the 30-minute timeframe, the AFStar Indicator detects a trend reversal and issues a sell entry signal. In such scenarios, the sell position can be held until a buy signal is generated.

AF Star Indicator Settings

The image below outlines the AF Star Indicator settings:

• StartFast: Fast filter parameter
• EndFast: End of fast filter range
• StartSlow: Slow filter parameter
• EndSlow: End of slow filter range
• StepPeriod: Number of periods per step
• StartRisk: Initial risk factor
• EndRisk: Final risk factor range
• StepRisk: Step size for increasing the risk factor during analysis
• AllBars: Number of past candles for calculations

Conclusion

The AF Star Indicator (Adaptive Filter Star) uses adaptive filters to detect trend movement changes and generate trading signals.

It can also complement technical and fundamental analysis, enhancing decision-making accuracy and reducing trading risks.