Kairi Indicator for MetaTrader 4 Download – Free – [TradingFinder]

The Kairi Indicator is designed to show market momentum in the MetaTrader 4 platform. This oscillator measures the deviation of the current price from the moving average (MA) and visualizes it with a blue oscillating line.

This trading tool is extremely easy to use, and traders can apply this indicator in various markets, including Forex, cryptocurrencies, stocks, and commodities.

Kairi Oscillator Specifications Table

The following table outlines the features of the Kairi Indicator:

Kairi Indicator at a Glance

In the Kairi Oscillator, increasing momentum values signal overbought conditions, while decreasing momentum values indicate oversold conditions.

This indicator helps identify potential trend reversal zones that traders can act upon.

Buy Signal

According to the 1-hour timeframe chart of the USD/CAD currency pair, a decline in momentum values falling below the zero line reflects an oversold zone.

In such scenarios, there is a high probability of market reversal from these levels.

Sell Signal

Based on the analysis of the NZD/USD currency pair chart, momentum values have significantly increased and are located above the zero line.

In this situation, the likelihood of a trend reversal is high, and traders can open short positions in line with their trading strategies.

Kairi Oscillator Settings

The adjustable settings in the Kairi Indicator are as follows:

• MA Period: Defines the period used for moving average calculations
• MA Method: Specifies the type of moving average
• Applied Price: Select the price type used for the indicator’s calculations

Conclusion

The Kairi Indicator, through its oscillating line, provides traders with overbought and oversold areas.

Trading signals are generated based on the position of the oscillating line relative to the midline (zero line). Being a multi-timeframe oscillator, users can apply it across all timeframes.