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2014.07.10 10:36

3 EMA Crossover - indicator for MetaTrader 4

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votes: 12
emas.mq4 (3.28 KB)view

3 EMA Crossover Indicator. MaPeriod1 must be smaller than MaPeriod2 and MaPeriod2 must be smaller than MaPeriod3.

  • If ma1>ma2 and ma2>ma3 the indicator turns green.
  • If ma1<ma2 and ma2<ma3 the indicator turn red otherwise it turns orange.

Only the last bar of the indicator repaints.

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