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Fractal Adaptive Moving Average System Metatrader 4 Forex Indicator

The Fractal Adaptive Moving Average MT4 forex indicator is a crossover forex trading system that works and consists of two simple signal lines.

The indicator uses a smart smoothing filter to filter out the vast majority of false crossover signals.

So, the profitability of this indicator is not bad at all!

A bullish trend occurs when the red line is positioned above the blue line.

Conversely, a bearish trend occurs when the red line is positioned below the blue line.

The indicator’s default R period is set to 16 but can be changed from the inputs tab.

Feel free to experiment with this value!

For scalping and day trading, use this Metatrader 4 during the London and new York trading sessions.

Free Download

Download the fractal-adaptive-moving-average.mq4” MT4 indicator

Example Chart

The GBP/USD 4-Hour chart below displays the Fractal Adaptive Moving Average Metatrader 4 indicator in action.

Basic Trading Signals

Signals from the Fractal Adaptive Moving Average MT4 indicator are easy to interpret and goes as follows:

Buy Signal: Initiate buy trade when the red signal line crosses above the blue signal line from below (bullish trend). Place a stop loss below the previous swing low price.

Sell Signal: Initiate sell trade when the blue signal line crosses above the red signal line from below (bearish trend). Place a stop loss above the previous swing high price.

Trade Exit : Use your own method of trade exit.

Download

Download the fractal-adaptive-moving-average.mq4” Metatrader 4 indicator

MT4 Indicator Characteristics

Currency pairs: Any

Platform: Metatrader 4

Type: Chart pattern indicator

Customization options: Variable (R period, multiplier, signal multiplier) 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 system

Installation

Copy and paste the fractal-adaptive-moving-average.mq4 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)