Raghee Horner's 34 EMA Wave with GRaB (Green, Red and Blue) Candles was one of the first Forex Strategies I came across many years ago and this experimental indicator by Mladen is a refreshing take on the legendary 34 EMA Strategy by Raghee Horner.
These are the self-adjusting GRaB candles which will adjust depending on the price display.
- As Candles, the candles will highlight in line with the trend (based off the 34 EMA Wave)
- As Bars, the bars will highlight in line with the trend (based off the 34 EMA Wave)
- As Lines, a single EMA Wave line will be displayed and colored to highlight the trend.
For more 34 EMA Wave indicators, be sure to see here: Averages Channel Candles with Alerts for MT4 and Raghee Horner's books set.