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118 EMA – 140 EMA Guppy Multi Moving Average Metatrader 4 Indicator

    This is the third GMMA funnel indicator in a series of 11 indicators entirely based on the Guppy multi moving average.

    The RainbowMMA_03 consists of the following moving averages:

    140 period exponential moving average, 135 period exponential moving average, 130 period exponential moving average, 125 period exponential moving average, 122 period exponential moving average and 118 period exponential moving average.

    Trading Signals

    Buy: Wait for the price to rise above the RainbowMMA_03 GMMA
    Sell: Wait for the price to drop below the RainbowMMA_03 GMMA

    Indicator Preferences

    Currency pairs: any
    Time frames: any
    Sessions: any


    Download the RainbowMMA_03.mq4 indicator.

    Configurable Indicator Options


    EUR/USD H1 Chart Example


    How to install the 118 EMA – 140 EMA Guppy custom indicator in Metatrader 4?

    • Download the RainbowMMA_03.mq4 indicator to your computer.
    • Open your Metatrader 4 platform.
    • Open the data folder from the top menu.
    • Open the MQL4 folder.
    • Open the indicators folder.
    • Paste the indicator file in this folder.
    • Restart the trading platform.
    • Open any trading chart.
    • Attach the indicator to the chart.