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Indicators

MA Cloud indicator - indicator for MetaTrader 4

Alexander Chertnik
Views:
8394
Rating:
(24)
Published:
2021.12.04 14:58
maCloud_v1.mq4 (4.14 KB) view
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Moving Average Cloud draws 4 MAs on chart simultaneously in histogram style.

Indicator uses 4 MAs: slow sma & ema 200 and fast sma & ema 50.

the range between 2 slows MAs and Fasts, represented by histograms on the MAs boundaries -

creating kind of "cloud" that can be traded by all kind of MA strategies like support & resistance or other...

Change of color of the same histogram points to momentum changing.

pic


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