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WF Multi MA

This is a great indicator that uses 20 moving averages at once. It shows the trend direction and possible reversals.

Lime : Uptrend. Long trading
Maroon : Reentry or downtrend reversal
Red : Downtrend. Short trading
Green : Short Reentry or uptrend reversal

It can be used on any time frame. To best determine the trend use it also on higher timeframes.

You can adjust the type of moving average used, the length of calculations and the settings where to catch the trend reversals.

MT4 version:  https://www.mql5.com/en/market/product/52124

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Detleff Böhmer
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Detleff Böhmer 2020.07.26 11:45   

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