VolcanoWMA Metatrader 4 Indicator
The VolcanoWMA indicator provides buy and sell signals with audible alert.
BUY: Wait for a green arrow to appear on the chart. Buy at the open of the following bar.
SELL: Wait for a red arrow to appear on the chart. Sell at the open of the following bar
Use in conjunction with other indicators, such as MACD and Moving Averages to avoid trading against the prevailing trend.
Configurable Indicator Options
EUR/USD 1 Hour Chart Example