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Home Forex MT4 Indicators iMACol Indicator

iMACol Indicator

iMACol indicator is a simple trend following indicator, that works great in trending market.  Basically it is a moving average that changes color depending on a current buy / sell signal. I recommend using it on larger timeframes becouse usually they tend to show less noise.
iMACol indicator can be sucessfully traded as standalone indicator or very good addition to more complex systems. TradING rules for iMACol indicator are placed below.

How to trade with iMAcol indicator?

BUY SIGNAL
Open long position on first closed candle after iMACol indicator changes color to blue.

SELL SIGNAL
Open short position on first closed candle after iMACol indicator changes color to red.

CLOSE SIGNAL
Close position on first closed candle after iMACol indicator changes color to yellow.

iMACol indicator free download:

To download this MT4 indicator or trading system just click the button below:

LINK

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