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4 MA Candles Forex Signal Indicator (MT5)

The 4 MA Candles Forex Signal indicator for mt5 (Metatrader 5) is based on 4 moving averages and delivers accurate trend trading signals.

The indicator gets displayed on the main MT5 chart as a green and brown colored candlestick signal line.

The indicator is very reliable, lightweight, and will not slow down your trading platform.

Buy & sell signal:

  • Open a buy trade as soon as the indicator starts drawing the green candlestick signal line on the chart.
  • Open a sell trade as soon as the indicator starts drawing the brown candlestick signal line on the chart.

The indicator works equally well on all trading instruments displayed on the MT5 trading platform and shows promising results if used correctly.

Free Download:

Download the “4-ma-candles-indicator.ex5” indicator for MT5

Indicator Example Chart (EUR/USD M1)

The picture below shows the 4 MA Candles Forex Signal mt5 indicator in action on the trading chart.

Trading Tips:

Feel free to use your own favorite trade entry, stop loss and take profit method when using the 4 MA Candles Forex 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 5 (MT5)

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 “4-ma-candles-indicator.ex5” indicator for Metatrader 5

How to install this indicator on Metatrader 5?

Open the Metatrader 5 platform

From the top menu, click on “File”

Then click on “Open Data Folder”

Then double click with your mouse button on “MQL5”

Now double click on “Indicators”

Paste the 4-ma-candles-indicator.ex5 indicator in the Indicators folder.

Finally restart the MT5 platform and attach the indicator to any chart.

How to remove the indicator?

Right click with your mouse on the chart that you have the indicator attached to.

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 on the chart that you have the indicator attached to.

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.