Flat Metatrader 4 Indicator
The Flat indicator is composed of two simple moving averages and a trigger signal. Dark blue colored bars suggest bullish trend. Dark red colored bars suggest bearish trend.
BUY: Go long after the close of the first dark blue bar. Exit on an opposite signal (dark red bar) occuring.
SELL: Go short after the close of the first dark red bar. Exit on an opposite signal (dark blue bar) occuring.
Configurable Indicator Options
MAfast,MAslow, trigger, maxbars
GBP/USD Daily Chart Example