Vegas Currency 1 Hour Metatrader 4 Indicator
The Vegas 1 hour indicator takes advantage of two exponential moving averages: EMA144 and EMA169. It creates a tunnel that provides buy and sell signals for traders. Use this indicator on the hourly chart for best performance.
BUY: Price needs to close above the green and blue EMA line. This creates a bullish bias.
SELL: Price needs to close below the green and blue EMA line. This creates a bearish bias.
EUR/USD 1 Hour Chart Example