MA BBands is a free mt4 (Metatrader 4) indicator that draws Bollinger Bands together with precise buy and sell signals on the chart.
The indicator can be used as a standalone trading tool for both trade entry and exit, or as an additional trend filter that works together with an existing strategy of system.
MA BBands appear in the main MT4 chart window as two white colored Bollinger Bands bands and blue and red arrow signals.
Buy & Sell Trade Example
- A buy signal occurs when the blue colored arrow appears on the chart.
- A sell signal occurs when the red colored arrow appears on the chart.
The indicator works equally well on all currency pairs (majors, minors and exotic) and shows promising results if used correctly.
Free Download
Download the “ma-bbands-indicator.mq4” indicator for MT4
Indicator Chart (EUR/USD M5)
The example chart below displays the MA BBands mt4 indicator in action on the trading chart.
Trading Tips:
Feel free to use your own favorite trade entry, stop loss and take profit method to trade with the MA BBands 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: Bands + signal
Does the indicator repaint? No.
Download Now
Download the “ma-bbands-indicator.mq4” indicator for Metatrader 4
