Moving Average

ILRS (Integral of Linear Regression Slope) Indicator for Metatrader 4

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ILRS moving average for Metatrader 4

In this article we are going to show a modified technical indicator for Metatrader 4 that plots an ILRS (Integral of Linear Regression Slope) moving average on any price chart of this trading platform. It is a free indicator that was designed by ForexDominion experts and can be downloaded at no cost. The ILRS is a little known and different … Read more

Moving Average Crossovers Dashboard Indicator For Metatrader 4

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Moving average crossovers are one of the most used trading signals in technical analysis systems to determine the trend direction and possible changes in the direction of the market. Many trading systems base their buy and sell signals on long and short-term moving average crossovers of different types (SMA, EMA, etc.) in combination with other technical tools. Therefore, here is … Read more

Guppy Multiple Moving Average Indicator For MT4

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In this article we present a custom indicator for Metatrader 4 that displays the Guppy Multiple Moving Averages (GMMA) indicator on any price chart. The indicator can be modified to calculate moving averages with different types of prices (such as closing price, opening price or maximum price) and to use different moving averages instead of EMA, such as SMA and … Read more

VIDYA Moving Average Indicator for MT4

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In this article we are going to present a custom indicator for Metatrader 4 that is designed to display a VIDYA adaptive moving average overlaid on the price action on the price charts. This indicator can be modified to calculate the moving average with different price types (closing price, opening price, maximum price, minimum price, median price, typical price and … Read more

Moving Average Envelopes Indicator

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Envelopes, a trend following indicator Channels moving averages or Envelopes (Moving Average Envelopes) are channels whose lines, upper and lower are calculated as a deviation percentage of a simple moving average or exponential moving average. Each line is at the same percentage above and below the central moving average. This creates two parallel strips that follow the price action. This … Read more

KAMA Adaptive Moving Average Indicator for Metatrader 4

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KAMA moving average

In this article we present a modified indicator for Metatrader 4 designed to plot the KAMA Adaptive Moving Average on any price chart of this platform. It can be modified to show the moving average with different types of prices, such as the closing price, the opening price or the maximum price of each period. Before talking about this modified indicator, we are going to explain what the KAMA moving average is.

What is the KAMA moving average?

KAMA is short for Kaufman’s Adaptive Moving Average. This moving average is designed to automatically adapt to changing trend conditions, thanks to its calculation formula, which is similar to the one used to calculate the exponential moving average (EMA). The difference between the two moving averages is the smoothing factor K, which in the KAMA is determined by a much more complex formula than in the EMA.

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Fractal Adaptive Moving Average (FRAMA)

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The Fractal Adaptive Moving Average (FRAMA) is an adaptive and intelligent moving average developed by John Ehlers. It takes into account and gives higher priority precisely to price changes and closely follows the price when it shows significant movements, while in range markets it remains flat without presenting major changes. It uses the fractal dimension of market prices to dynamically adjust its smoothing period. 

FRAMA takes advantage of the fact that markets are fractals and dynamically adjusts the look-back period based on this fractal geometry. The actual calculation of this moving average is very elaborate and complicated. FRAMA is often used in combination with other signals and analysis techniques.

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Intraday Trading System Using Moving Averages and Stochastic

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15 minutes intraday trading system

This  is quite simple intraday trading system for 15 minutes candlestick charts which is based on exponential moving averages (EMA) and the stochastic oscillator. The rules of this strategy are very simple as we shall see below: This trading system is specifically designed for intraday trading. For this reason all open positions using this technique should be closed at the … Read more

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