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37 EMA – 50 EMA Guppy Multi Moving Average Metatrader 4 Indicator

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

The RainbowMMA_07 consists of the following moving averages:

50 period exponential moving average, 47 period exponential moving average, 44 period exponential moving average, 41 period exponential moving average, 39 period exponential moving average and 37 period exponential moving average.

Trading Signals

Buy: Wait for the price to rise above the RainbowMMA_07 GMMA
Sell: Wait for the price to drop below the RainbowMMA_07 GMMA

Indicator Preferences

Currency pairs: any
Time frames: any
Sessions: any

Download

Download the RainbowMMA_07.mq4 indicator.

Configurable Indicator Options

Colors

EUR/USD H1 Chart Example

gmma-forex-indicator7

How to install the 37 EMA – 50 EMA Guppy custom indicator in Metatrader 4?

  • Download the RainbowMMA_07.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.