R 2EMA Color

5

The R 2EMA Color indicator for MT4 provides solid trading signals based on the crossover of 2 EMA’s.

Key Points

  • When price crosses and closes above the two green EMA’s, it creates a buy trade signal.
  • When price crosses and closes above the two red EMA’s, it creates a sell trade signal.

The R 2EMA Color Forex indicator makes it even more easy to determine when it’s time to buy and sell

  • A buy signal occurs when the 2 EMA lines turn green.
  • A sell signal occurs when the 2 EMA lines turn red.

How to trade with it?

  1. Open a buy trade as soon as the two EMA signal lines turn green from red color, the trend is now positive.
  2. Open a sell trade as soon as the two EMA signal lines turn red from green color, the trend is now negative.
  3. Exit the trade when an opposite trading signal occurs on the chart.

Feel free to use your own favorite trading methods to open and close trades with the R 2EMA Color indicator.

Specifications

Trading Platform: Metatrader 4 (MT4)

Currency pairs: Works for any pair

Time frames: Works for any time frame

Input Parameters: Fast, slow, mode, price, signal bar, alerts message, alerts sound, alerts email, alerts mobile, color settings & style

Indicator type: Price action


Reviews 2
KingdomCome
578
KingdomCome 2023.02.26 21:26 

Good indicator.thanks

Stanislav Melnikov
903
Stanislav Melnikov 2023.02.26 02:21 

половина платных индикаторов намного хуже этого

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Prop Firm Sniper MT4  is a professional market structure indicator that automatically identifies high-probability BUY and SELL opportunities using BOS and CHoCH analysis. Recommended Timeframes: For backtesting, use the indicator on   M5 or M15   for Gold (XAUUSD), and   M15 or H1   for more volatile Forex pairs such as   GBPUSD, USDJPY, EURGBP , and similar markets. CONTACT ME AFTER PURCHASE TO CLAIM YOUR FREE BONUSES! Prop Firm Sniper  is a professional market structure indicator designed t
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"Dynamic Scalping Oscillator" - is an advanced custom Crypto_Forex indicator - efficient Trading tool for MT4!  - New generation of Oscillators - see pictures to check how to use it. - Dynamic Scalping Oscillator has adaptive Oversold/Overbought zones. - Oscillator is an auxiliary tool to find exact entry points from dynamic OverSold/OverBought areas. - Oversold values: below Green line, Overbought values: over Orange line . - This indicator is great to combine with Price Action patterns as wel
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Boost your trading precision with the versatile wedges tool The PZ Wedges Indicator is a technical analysis tool that helps traders identify potential continuation patterns in the market. These patterns, known as wedges, are formed when the price of an asset consolidates within a narrowing range, bounded by upward or downward converging trendlines. Wedges are considered to be continuation patterns because they often precede a breakout in the direction of the preceding trend. When a wedge pattern
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KingdomCome
578
KingdomCome 2023.02.26 21:26 

Good indicator.thanks

Stanislav Melnikov
903
Stanislav Melnikov 2023.02.26 02:21 

половина платных индикаторов намного хуже этого

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