MetaTrader 4 MT4 Indicators Simple MA over Price – indicator MetaTrader 4

Simple MA over Price – indicator MetaTrader 4

Simple Calculation of Price Changes over X Bars (Set to Alpha).

But with only this will become a wild line.

For this over the calculated line i put an fast MA (red) and slow MA (yellow) for more smooth lines and more clear signals on crosses of both MAs

Recommendations:

  • With some Filters (Volatility for Example) as Entry. Without good to use for Exit or set some StopLoss
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Alternative:   SmPriceBend-T01 - indicator MetaTrader 4