EMA_Prediction - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
Semaphore Arrow indicator using two moving averages.
The signal occurs at the intersection of two moving averages. An additional filter used for signal generation is the direction of the candlestick. For example, if the fast MA crosses above the slow MA and the candlestick on the current bar is bullish, this is a buy signal. When the fast moving average crosses the slow moving average downward and the candlestick is bearish, it is a sell signal.
The indicator was first implemented in MQL4 and published in the code base of mql4.com on February 26, 2008.
EMA_prediction indicator
Attachment download
📎 ema_prediction.mq5 (7.83 KB)
Source: MQL5 #1905
EMA_Prediction - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resource usage and screening suggestions
EMA_Prediction - MetaTrader 5 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 on titles or short-term profit descriptions.
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •