• Tue. Dec 6th, 2022

DadForex

All about Forex trading

Indicator MA_SquizeMA_Ed: Moving Averages with Flat Filtering

Forex indicator MA_SquizeMA_Ed is a modification of the moving average, which indicates not only the direction of the trend, but also the beginning and the end of the flat period.

MA_SquizeMA_Ed MT4 indicator

Many modern trend filters lack completeness – they either show the activity of the movement or its direction. The indicator MA_SquizeMA_Ed can do both: simultaneously show trend movement and flat.

The basis of the MA_SquizeMA_Ed indicator is the moving averages. Everyone knows how to work with them; they are part of more than half of trading strategies based on technical analysis. However, the main disadvantage of two MAs is always a flat movement, which they cannot indicate. This usually results a lot of false signals.

The MA_SquizeMA_Ed indicator, in addition to traditional moving averages with different periods, has two new lines that indicate the beginning of a side channel and its dynamic width. By installing this indicator on the chart, it becomes clear at what point it is impossible to enter into a transaction on the signal of the MA intersection – when the price is accompanied by 4 lines at once, which means that the number of false transactions should significantly decrease.

Please note that MA_SquizeMA_Ed indicator has a lot of parameters, so I would recommend selecting and changing them separately for your instrument and timeframe.

Features of MA_SquizeMA_Ed MT4 indicator

  • Platform: Metatrader 4
  • Ability to change settings: Yes
  • Timeframe: any from 1 Minute to Daily
  • Currency pairs: any

In MA_SquizeMA_Ed.zip file you will find:

  • MA_SquizeMA_Ed.ex4

Download MA_SquizeMA_Ed MT4 indicator for free: