Doda EMA Metatrader Indicator

Here is a MetTarder indicator developed by me based on Exponential Moving Average (EMA). This indicator gives buy, sell and exit signals based on following rules.




The rules are simple.


Buy : When EMA7 > EMA14 and EMA7 > EMA21 and EMA14> EMA21


Sell: When EMA21 > EMA7 and EMA21 > EMA14 and EMA14 > EMA7


Also, shows lines on chart on gives signals.


Shows no. of pips passed in bracket after giving signal.


Works on all currency pairs and time frames.




Always use stop-loss based on your risk-profile or by another indicator like Parabolic SAR.


Cut your losses small & ride the profit long. Download


Download MQL4 File


Download Compiled File


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