The All Moving Averages Forex indicator for Metatrader 4 is composed of a set of moving averages that follows the underlying trend closely.
The indicator appears in the main Metatrader 4 trading chart as a yellow colored signal line.
Indicator Example Chart (EUR/USD H1)
How to trade with it (example)?
Open a buy trade whenever the price closes above the All Moving Averages orange signal line.
Open a sell trade whenever the price closes below the All Moving Averages orange signal line.
Utilize your own take profit method or go for a fixed profit target.
Feel free to use your own favorite trading method to open and close trades with the All Moving Averages indicator .
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Input Parameters: Price, MA method, MA shift, MA period, color settings & style
Indicator type: Moving Averages
Repaint? Does not repaint the All moving averages orange signal line.
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 all-averages-indicator.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.