MA Profit Indicator MT4

The approach behind the MA Profit Indicator for MT4 is quite simple – it generates signals based on the crossing of moving averages. What’s more, it visually presents the potential pip gains for each trade directly on the chart. For most of the time it provides reliable readings.

Understanding the ma profit indicator

Example chart:

MA Profit Indicator Example Chart

The MA Profit Indicator serves as a comprehensive trading system, incorporating moving averages and offering defined entry points, stop loss levels, and take profit targets. Additionally, it presents trading signals in the form of buy and sell alerts. These signals are visually represented as triangles on the price charts. As a result, forex traders can effectively utilize this indicator to achieve successful trading outcomes.

The anatomy

This gauge showcases profitable bullish trading signals, represented by green triangles from entry to exit points. Likewise, it displays profitable bearish signals with red triangles. Conversely, failed trading signals are indicated by yellow triangles. Additionally, the short-term moving average is depicted as an aqua line on the price chart, while the long-term moving average is represented by gold lines.

Trading rules explained

When the aqua line crosses above the gold moving average, it signifies the start of a bullish market trend. If the price closes above the previous red triangle and forms a new green triangle, it serves as a buy signal. Traders can enter the market with a long position in such cases. If the trade moves into a loss, the green triangle changes to yellow, indicating the need to exit with a loss when the yellow triangle turns red. The optimal take profit point is identified by the appearance of a triangle with the opposite color.

Likewise, when the aqua line crosses below the gold moving average, it indicates a bearish trading signal. The red triangle serves as the ideal entry point for a short trade. The opposite trading signal or the conclusion of the yellow triangle is considered the best stop loss. Traders can secure profits at the occurrence of an opposite trading signal or when a favorable risk-reward ratio is achieved.

MA Profit Indicator Trading Signals

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