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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

Download the RainbowMMA_11.mq4 indicator.

Configurable Indicator Options

Colors

EUR/USD H1 Chart Example

gmma-forex-indicator11

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.