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Re: Moving Average indicators for MT4

Banzai, Sat Apr 12, 2025 12:12 am

Banzai wrote: Mon May 22, 2023 1:43 am Moving Averages Wingdings
(on/off) button


MA = Moving Averages
Make your trending MA stand out by using Wingdings font.
Most traders use EMA (200) as the main trend.
If the prices are above EMA (200), then it's considered as a short term uptrend.
Short term is where it may last for only a few hours.

In M1 charts, you still use EMA (200).
In H1 charts, you still use the same EMA (200) as the trend line.

This indicator has only 20 Moving Averages and 33 prices.
Please use this version.
In this version, the uptrend arrows have a different code
and the downtrend arrows have a different code.
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