MA Cloud Indicator - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
The Moving Average Cloud plots 4 MAs simultaneously on the chart in the form of a histogram.
The indicator uses 4 MAs: slow SMA and EMA 200 and fast SMA and EMA 50.
The range between the 2 slow MAs and the fast MA, represented by the histogram on the MA boundaries -
Create a kind of "cloud" that can be traded with various MA strategies, such as support and resistance or other...
A change in color on the same histogram indicates a change in momentum.
Attachment download
📎 macloud_v1.mq4 (4.14 KB)
Source: MQL5 #37387
MA Cloud Indicator - MetaTrader 4 Script | Foreign Exchange Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
MA Cloud Indicator - MetaTrader 4 Script | Foreign Exchange Indicator Download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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