Follow Line MA In Color
- · This indicator generates trading signals based on the color of the line.
- · When the line shows green color, executes only long orders based on your own trading strategy
- · When the line shows red color, executes only short orders.
- · If the line turns yellow, it signifies a reversal is imminent. You can either close all your open positions and stay out; or alternatively you can devise a trading strategy to catch a reversal at its very early stage.
This indicator works best on 15M and higher time frames for all forex pairs. Avoid trading on time frames lower than 15M.
Trading on lower spread platform is highly recommended and preferred.
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2. Add the function of pushing indicator signal to mobile phone, which is off by default. If it needs to be turned on, it can be set to sendnotificationtomobiliephone = true. However, the previous topic is that the MT4 client should correctly configure the metaquotes ID and the mobile phone should install metaquotes 4.