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4 Moving Averages Forex Signals Indicator

    4 Moving Averages is a buy and sell Forex indicator for MT4 composed of 4 moving averages with default periods: 200, 114, 83 and 21.

    The indicator paints buy and sell arrows based on the cross-over of the 4 moving averages . Green to buy and red to sell.

    Trading Signals

    Buy signal: Green arrow. Open buy at the open of the next bar.

    Sell signal: Red arrow. Open sell at the open of the next bar.

    Tip: Always trade in the main direction of the trend. Avoid counter-trend trading signals.

    Indicator Preferences

    Currency pairs: any

    Preferred Time frames: 1 hour

    Sessions: any


    Download the FA.ex4 indicator.

    Configurable Indicator Options

    PeriodFA, Average_1, Average_2, Average_3, Average_4, PaintArrow, PaintProfit, Alert,…

    EUR/USD 1H Chart Example


    How to install the 4 Moving Averages custom indicator in Metatrader 4?

    • Download the FA.ex4 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.