This is the eleventh GMMA forex indicator in a series of 11 indicators entirely based on the Guppy multi moving average.
The RainbowMMA_10 consists of the following moving averages:
7 period exponential moving average, 6 period exponential moving average, 5 period exponential moving average, 4 period exponential moving average, 3 period exponential moving average and 2 period exponential moving average.
Trading Signals
Buy: Wait for the price to rise above the RainbowMMA_11 GMMA
Sell: Wait for the price to drop below the RainbowMMA_11 GMMA
Indicator Preferences
Currency pairs: any
Time frames: any
Sessions: any
Download
Download the RainbowMMA_11.mq4 indicator.
Configurable Indicator Options
Colors
EUR/USD H1 Chart Example
How to install the 2 EMA – 7 EMA Guppy custom indicator in Metatrader 4?
- Download the RainbowMMA_11.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.