Skip to content

2 EMA – 7 EMA Guppy Multi Moving Average Metatrader 4 Indicator

    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 the RainbowMMA_11.mq4 indicator.

    Configurable Indicator Options


    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.