Introduction to the Golden MA Indicator
The Golden MA Indicator is a forex tool that displays important market levels on the charts.
These levels include: buy and sell areas, overbough and oversold levels, extreme levels, reversal levels and middle level.
This indicator fits all kinds of timeframes and currency pairs.
The default indicator settings can be modified directly from the input tab. Feel free to experiment with the settings and parameters to fit your personal preferences.
How to set up the Golden MA indicator in MT4?
Copy and paste the golden-ma-indicator.mq4 or golden-ma-indicator.ex4 indicator files into the MQL4 folder of the Metatrader 4 trading platform.
You can gain access to this folder by clicking the top menu options, that goes as follows:
File > Open Data Folder > MQL4 > Indicators (paste here).
Now go to the left side of your MT4 terminal. In the Navigator find the gauge name, right-click it and select Attach to the chart.
Click the link below:
The Golden MA indicator is well worth adding to your trading collection but remember about having realistic expectations. It doesn’t generate buy/sell signals on its own, but it will well support your technical analysis.