Ultra Advanced EMA MA
- Indicators
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Marcel De Oliveira Farias
NexQuantumX (NQX) develops trading tools for MetaTrader 5 and MetaTrader 4: technical indicators and Expert Advisors built on one consistent risk engine. - Version: 1.1
- Activations: 10
Ultra Advanced EMA MA is an exponential moving average (EMA) indicator for MetaTrader 4. An exponential average gives more weight to recent prices, so it follows new moves more closely than a simple average.
Main features
- Based on the exponential moving average
- More weight on recent prices
- Can serve as a dynamic support and resistance reference
- Easy to use
- A demo version is available for testing
Recommended settings
Time-frames: H1, H4, D1
Pairs: EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD, EUR/JPY
How to use
Use the EMA to read the current direction or to filter other setups, together with your own analysis and risk management.
Trading involves risk. Past performance does not guarantee future results.
Questions and suggestions are welcome in the Comments section.
