New Kaufman Indicator for MT4 Download - Free - [TradingFinder]

The New Kaufman Indicator is a trend-following tool in MetaTrader 4 that uses Exponential Moving Averages to display the direction of the trend. This trading tool is used to analyze trend changes, market direction, and multi timeframe analysis.

Due to its simple structure and the ability to display dynamic support and resistance levels, it is a suitable option for beginner traders.

Specification Table for the New Kaufman Oscillator Indicator

The specifications of the New Kaufman Indicator are as follows:

New Kaufman Indicator at a Glance

The New Kaufman Oscillator Indicator, based on the crossover of two Exponential Moving Averages, shows buy and sell entry points.

Thus, an upward crossover of the lines indicates a buy trade, while a downward crossover indicates a sell trade.

Buy Trade Setup

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

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

Sell Trade Setup

Based on the 30-minute chart of the Australian Dollar to US Dollar (AUD/USD), the downward crossover of the two Exponential Moving Averages can be considered a sell signal.

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

New Kaufman Indicator Settings

The settings for the New Kaufman Oscillator Indicator are 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 to adjust the indicator's reaction intensity
• Signal Period: Signal period
• Offset: Offset of the indicator lines

Conclusion

The New Kaufman Oscillator Indicator provides bullish and bearish signals using fast and slow Exponential Moving Averages.

In addition to signaling, the oscillating lines of this tool act as dynamic support and resistance, indicating key price interaction points.