MAonMA Indicator
Platform: MT4 Type: Trend Last update: October 31, 2024The MAonMA Indicator for MT4 is nothing more than a three custom moving averages. They work together to provide overview on the dominant market trend.
When both blueish MAs are above the yellow one, it means a bullish scenario. An reversed alignment corresponds to bearish scenario.
Each of the displayed lines can be customized including period and calculation method. We think it’s quite a straightforward, but useful and accurate gauge.
Example chart:
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