2 Moving Averages - MetaTrader 4 Script | Trading Script Download - MT4/MT5 Resources

New updated version. Free download from this link: Double MA with Fibonacci Special Time Frame

2 Moving Average is a comprehensive MQL4 indicator designed to help traders identify trend direction, potential entry points and market momentum by using two moving averages, usually a fast (short-term) average and a slow (long-term) average. The core concept behind this indicator is the moving average crossover strategy, which generates a buy signal when the fast moving average crosses above the slow moving average and a sell signal when the fast moving average crosses below the slow moving average.

What is unique about this indicator is that it is plotted with dynamically integrated support and resistance levels , providing traders with an additional layer of confirmation for their trading decisions. By identifying and displaying key price levels where markets have historically reversed or consolidated, it helps traders avoid false signals and improve the accuracy of entries and exits.

Users can customize the period and type of moving averages (such as simple, exponential, smoothed or linearly weighted), allowing the indicator to adapt to different trading styles and market conditions. Additionally, the indicator performs well on all time frames, making it suitable for scalping, swing trading, and long-term trend analysis.

Configurable fast and slow moving averages

Buy/sell signals based on MA crossover

Automatically detect and draw support and resistance levels

Alerts or visual markers for intersections and critical areas

Compatible with all trading symbols and timeframes

Whether you are a newbie looking for a clear trend following system, or an experienced trader perfecting your entry points, Dual Moving Averages offer a powerful combination of simplicity and depth to support your technical analysis.

Attachment download

📎 double_moving_averages.png (26.39 KB)

📎 2_movingaverages.mq4 (5.28 KB)

Source: MQL5 #59976