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 signals line.
How it works?
- 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 Example 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.
Download Now:
Download the “guppy-mulitple-moving-average-short.mq4” indicator for Metatrader 4
How to install this indicator on Metatrader 4?
Open the Metatrader 4 platform
From the top menu, click on “File”
Then click on “Open Data Folder”
Then double click with your mouse button on “MQL4”
Now double click on “Indicators”
Paste the guppy-mulitple-moving-average-short.mq4 indicator in the Indicators folder.
Finally restart the MT4 platform and attach the indicator to any chart.
How to remove the indicator?
Click with your right mouse button in the chart with the indicator attached onto it.
Select “Indicator List” from the drop down menu.
Select the indicator and press delete.
How to edit the indicator’s inputs and parameters?
Right click with your mouse button in the chart with the indicator attached onto it.
From the drop down menu, click on indicators list.
Select the indicator from the list and press edit.
Now you can edit the indicator.
Finally, press the OK button to save the updated configuration.