The Guppy Multiple Moving Average Signal indicator for mt4 (Metatrader 4) transforms the Guppy into an easy to trade buy and sell signals indicator.
The indicator pops up in the main MT4 chart window as a colored trend-following signal line.
Buy & Sell Trade Example
- A buy signal occurs whenever the blue signal line pops up on the chart.
- A sell signal occurs whenever the orange signal line pops up on the chart.
The indicator can help to pinpoint your next trade entry and exit in the direction of the major trend.
It can also be used as an additional trend confirmation filter for other strategies and systems.
Free Download
Download the “guppy-mulitple-moving-average-short.mq4” indicator for MT4
Indicator Chart (EUR/USD Daily)
The example chart below displays the Guppy Multiple Moving Average Signal mt4 indicator in action on the trading chart.
Tips:
Feel free to use your own favorite trade entry, stop loss and take profit method to trade with the Guppy Multiple Moving Average Signal 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 the indicator repaint? No.
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Download the “guppy-mulitple-moving-average-short.mq4” indicator for Metatrader 4
