DMA INDICATOR MT4:-
The DMA indicator (Displaced Moving Averages) is a Meta trader indicator that is used to detect the disclosed moving averages in the market trend.it uses three different periods in the market trend to detect the DMA. DMA stands for Displaced Moving Averages (DMA). Now a question arise in every mid that what is disclosed moving averages? So, firstly, we will tell you what are disclosed moving averages?
Displaced Moving Averages (DMA): –
The DMA or Displaced Moving Averages Indicator is a term in a trade that is used to show the moving averages in the market trend. It indicates whether the price is moving or changing over time or it remains at the same place. It also tells where the trends are changing or not because they all came in the term moving averages. So this term covers all these topics in its short name DMA. Now, let’s discuss the DMA INDICATOR?
The DMA Indicator uses three different periods in the market trends. These periods are given below:
- 3 period Displaced Moving Averages SR DMA
- 7 periods Displaced Moving Averages MR DMA
- 25 periods Displaced Moving Averages LR DMA.
The 3 periods Displaced Moving Averages Indicator also known as SR DMA are used to indicate the weak moving averages, The 7 period Displaced Moving Averages also known as MR DMA are used to indicate the medium moving averages, and The 25 period disclosed moving average also known as LR DMA are used to indicate the Strongest moving averages.
CHARACTERISTICS of Displaced Moving Averages Indicator: –
Displaced Moving Averages (DMA) Indicator is a simple indicator that can use all the timeframes and all the currency pairs but the best timeframe for this indicator is 1 Minute, 5 Minutes, 15 Minutes, 30 Minutes, 1 Hour, 4 Hours, 1 Day, 1 Week, and 1 Month. It is only a chart pattern indicator. It also has customization options like distance, alerts, email alerts, messages, colours, SR MA smoothing type, SR MA smoothing period, MR MA smoothing type, MR MA smoothing period, MR MA price constant, the horizontal shift of MR MA in bars, LR MA smoothing period, LR MA price constant, the horizontal shift of LR MA in bar style and width. It uses arrows to indicate the trends in the Forex market. Mostly, used trends are bullish trend and the bearish trend.
It can be used in all forex brokers but the best brokers are Meta trader 4 and 5. It is a trend following indicator. It also uses a formula for its precise calculation. The formula is similar to the moving average indicator. This formula helps the traders to detect the best and accurate results.
Where: A=average in period n
n=number of periods
EMAt= [VT× (1+ds)] +EMAy× [1− (1+ ds)]
d=number of days
USES OF Displaced Moving Averages (DMA): –
The Displaced Moving Averages (DMA) has too many uses and it can help the traders in detecting the best moving averages in the market trend. It can be used to detect the moving averages for price actions, market trends, and trend directions.
It is one of the best moving average indicators because it uses three different periods for its precise calculation.
Uses of Displaced Moving Averages (DMA) indicator:
Currency pairs: All
EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, NZDUSD, USDCAD,EURJPY, EURCHF, EURGBP, EURAUD, EURNZD, EURCAD,GBPJPY, GBPCHF, GBPAUD, GBPNZD, GBPCAD AUDCAD, AUDNZD, AUDJPY, CHFJPY, NZDJPY, CADJPY, CADCHF, NZDCHF
Trading Time: 24 Hours
Timeframe: Displaced Moving Averages (DMA) indicator
Recommended broker: All trusted brokers
Remember, Before use Displaced Moving Averages (DMA) indicator you can test on Demo account. When you will expert then you will use in Real account of trading.