4 Moving Averages Forex Signals Indicator No ratings yet.

A buy and sell forex indicator composed of 4 moving averages with default periods: 200, 114, 83 and 21. The indicator paints buy and sell arrows based on the cross-over of the 4 moving averages . Green to buy and red to sell.

Trading Signals

Buy signal: Green arrow. Open buy at the open of the next bar.

Sell signal: Red arrow. Open sell at the open of the next bar.

Tip: Always trade in the main direction of the trend. Avoid counter-trend trading signals.

Indicator Preferences

Currency pairs: any

Preferred Time frames: 1 hour

Sessions: any

Download

Configurable Indicator Options

PeriodFA, Average_1, Average_2, Average_3, Average_4, PaintArrow, PaintProfit, Alert,…

EUR/USD 1H Chart Example

4-moving-averages-forex-indicator

 

Source : ForexLeaks.info

Please rate this

Leave a Reply

Your email address will not be published. Required fields are marked *

*