The Kijun Tenkan Indicator is a popular and useful forex indicator that is available for free on the MT4 platform. This indicator is based on two lines – the Kijun-sen line (blue line) and the Tenkan-sen line (red line) – that help traders identify potential trend reversals and entry/exit points. The Kijun Tenkan Indicator works by measuring the average price over a specific time period and plotting it on the chart. When the blue line crosses above the red line, it indicates a bullish trend, while a cross below suggests a bearish trend. Traders can use this indicator to confirm trends, set stop-loss and take-profit levels, and generate buy or sell signals. Overall, the Kijun Tenkan Indicator is a valuable tool for forex traders looking to improve their trading strategies and make more informed decisions in the market.
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