Forecasting Moving Average Indicator (MT4)

The Forecasting Moving Average MT4 indicator predicts the future position of the moving average one bar in advance.

This kind of information can be useful for scalpers and intraday traders looking for fast profits.

The idea behind the Forecasting moving average:

Keep long position: when the indicator predicts the moving average will rise the next bar (price goes up).

Keep short position: when the indicator predicts the moving average will fall the next bar (price goes down).

Free Download

The EUR/USD M15 chart below displays the Forecasting Moving Average forex indicator in action.

Basic Trading Signals

See description above on how to take advantage of this indicator.

MT4 Indicator Characteristics

Currency pairs: Any

Platform: Metatrader 4

Type: chart pattern

Customization options: Variable (MA_Period, MA_Shift, MA_Method, Past, Future) Colors, width & Style.

Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

Type: Forecasting