The Moving Averages Trend Dashboard MT4 indicator displays buy and sell arrows for multiple timeframe’s.
This Metatrader 4 indicator makes it very easy for everyone to see the short-term and long-term trend for any forex pair.
This dashboard indicator is based on moving averages and displays the up/down trend signals for all available timeframe’s that can be found in MT4, from the 1-minute up to the monthly.
Trading Tips For More Reliable Buy/Sell Signals:
For scalping and day trading, look at the M1, M5 and M15 arrow signals.
For buy signals, all aforementioned arrows should be in buy modus (blue arrow).
For sell signals, all aforementioned arrows should be in sell modus (red arrow).
For swing trading, look at the H1, H4 and D1 arrow signals.
For buy signals, all aforementioned arrows should be in buy modus (blue arrow).
For sell signals, all aforementioned arrows should be in sell modus (red arrow).
The default moving average period is set to 35 but can be changed to whatever value you need.
You can do so directly from the indicator’s inputs menu.
Free Download
Download the “ma-trend-indicator.mq4” MT4 indicator
Example Chart
The USD/JPY M5 chart below displays the Moving Averages Trend Dashboard forex indicator in action.
Basic Trading Signals
Signals from the Moving Averages Trend Dashboard forex indicator are easy to interpret and goes as follows (also see trading tips above for better signals):
Buy Signal: Open buy order when the MA dashboard indicator displays blue up arrows.
Sell Signal: Open sell order when the MA dashboard indicator displays red down arrows.
Trade Exit: Close the open trade when an opposite signal occurs, or use your own method of trade exit.
Download
Download the “ma-trend-indicator.mq4” Metatrader 4 indicator
MT4 Indicator Characteristics
Currency pairs: Any
Platform: Metatrader 4
Type: chart pattern
Customization options: Variable (Period MA1, Period MA_5, Period MA_15, Period MA_30, Period MA_H1, Period MA_H4, Period MA_D1, Period MA_W1, Period MA_MN) Colors, width & Style.
Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month
Type: Trend
Installation
Copy and paste the ma-trend-indicator.mq4 indicator into the MQL4 indicators folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Indicators (paste here)