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Flat Metatrader 4 Indicator

    The Flat indicator for MT4 is composed of two simple moving averages and a trigger signal.

    Dark blue colored bars suggest a bullish trend. Dark red colored bars suggest a bearish trend.

    Trading Signals

    BUY: Go long after the close of the first dark blue bar.

    Exit on an opposite signal (dark red bar).

    SELL: Go short after the close of the first dark red bar.

    Exit on an opposite signal (dark blue bar).

    Download

    Download the Flat.mq4 indicator.

    Configurable Indicator Options

    MAfast,MAslow, trigger, maxbars

    GBP/USD Daily Chart Example

    flatmt4-indicator

    How to install the Flat custom indicator in Metatrader 4?

    • Download the Flat.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.