Banzai wrote: Mon Aug 19, 2024 5:10 am HMA

No more need for an MT4 template. I give you the indicator.

This indicator is not a holy grail. So please use a stop loss.
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So how do you trade?
H4 is the trend.
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XAUUSDH1e.png

If a complete candle is above the HMA, then go LONG/buy.
Vice versa for short.
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XAUUSDH1g.png

If a complete candle is below the HMA, then go SHORT/sell.
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XAUUSDH1b.png

If the prices are hugging the HMA, try not to trade. The trend can go up or down.
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