Guppy Multiple Moving Averages MT4 Forex Indicators

This is one of my favorite trading indicators. Buy Area: all moving averages are pointing up. Sell area: all moving averages are pointing down.

The moving average “system” is advantageous in combination with an oscillator to pinpoint entry signals in the main direction of the trend. Buy Area: take only oversold signals. Sell Area: take only overbought signals.

Download link: Click here to download the RainbowMMA_01.mq4 – 02,03,04,05,06,07,08,09,10,11 indicators 

Guppy Multiple Moving Averages Chart Example (EURUSD D1)

rainbow-mt-system-indicator

Platform: Metatrader 4

Indicator type: Trend

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