The Non-Lag AMA Forex indicator for MT4 (Metatrader 4) is an improved version of the traditional AMA indicator and provides excellent buy & sell signals.
The indicator pops up in the main MT4 chart as an easy-to-follow blue and red colored signal line.
The indicator fits everyone, even absolute beginners!
Buy & Sell Trade Example
- The start of the blue line is a buy signal.
- The start of the red line is a sell signal.
- Reverse the open position whenever there’s an opposite trading signal available.
For scalping purposes, the indicator tends to produce the best results during the London and U.S. trading sessions.
The Non-Lag AMA indicator works equally well on all assets (Forex, CFD stocks, Indices, Cryptocurrencies, Commodities, etc.) and shows promising results if used correctly.
Free Download
Download the “NonLagAMA.mq4” indicator for MT4
Indicator Chart (EUR/USD M15)
The picture below shows the Non-Lag AMA mt4 indicator in action on the trading chart.
Tips:
Feel free to use your own favorite trade entry, stop loss and take profit strategy to trade with the custom built Non-Lag AMA Forex indicator.
As always, trade in agreement with the overall trend and practice on a demo account first until you fully understand this indicator.
Please note that even the best trading indicator cannot yield a 100% win rate over long periods.
Indicator Specifications & Inputs:
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Trade Style: Works for scalping, day trading and swing trading
Input Parameters: Variable (inputs tab), color settings & style
Indicator type: Trend
Does it repaint? No.
