Forex MA Trend Coloured MT4 Indicator

Forex MA Trend Coloured MT4 Indicator:

About the Forex MA Trend Coloured MT4 Indicator

MA with Trend colour

Attach to chart of any timescale

MA period = 200

buffer = 1

I use this set up on a one hour chart, basically the green line indicates an upward trend while the red line indicates a downward trend

All setting can be used on any chart period, If you don’t like the settings I use, then just play around with the settings on any chosen time period

until you find a setup which suites your trading style

Test results:

Forex MA Trend Coloured MT4 Indicator

Copy and paste the file into the MQL4 Indicators folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Indicators (paste here)

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