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Re: Moving Average indicators for MT4

Jimmy, Sun Oct 08, 2017 4:33 pm

As requested by Sean via e-mail who was looking for "Averages 8.9" by mrtools which was posted several pages back but worthy of a repost in my opinion.
This is the version of the Averages indicator that was edited by mrtools so that it changes color upon candle close which is perfect for confirming price "crossing" of a moving average for entries and exits.

I also use this version myself to easily determine the 4 Hour trend using a 50 period moving average line (if price is above the 50 moving average the bias is bullish and if price is below the 50 moving average the bias is bearish).

Thanks Mrtools :clap:

PS: Mrtool's Histogram version also attached.

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