Here’s my new trend following indicator with alerts.
Based on moving average lines.
Trading Logic :
All 4 red lines above blue lines – uptrend,
All 4 red lines under blue lines – downtrend
Alerts on trend changing.
Settings:
Period: 110
Method: Exponential
Price: Close price
Standard alerts settings
UPD:
added multiple time frame mod
1. Download file
2. Unzip archive and copy the MQL4 folder from the archive to your terminal Data folder
in the terminal click File menu – Open Data Folder
Write down comment or use the feedback button
Copyright © 2019 · Created by MQLDev
Non repainting best trend based MA.
Easy to follow with some of my other signal indicator