Doda-EMA Indicator

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920

Gives Buy, Sell and Exit signals based on EMA7, EMA14 and EMA21.

Some Rules:

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.

Recommendations:

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

Cut your losses small & ride the profit long.

 

MT4 Indicator Download – Instructions

Doda-EMA Indicator is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.

Doda-EMA Indicator provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust their strategy accordingly.

How to install Doda-EMA Indicator.mq4?

  • Download Doda-EMA Indicator.mq4
  • Copy Doda-EMA Indicator.mq4 to your Metatrader Directory / experts / indicators /
  • Start or restart your Metatrader Client
  • Select Chart and Timeframe where you want to test your indicator
  • Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
  • Right click on Doda-EMA Indicator.mq4
  • Attach to a chart
  • Modify settings or press ok
  • Indicator Doda-EMA Indicator.mq4 is available on your Chart

How to remove Doda-EMA Indicator.mq4 from your Metatrader 4 Chart?

  • Select the Chart where is the Indicator running in your Metatrader Client
  • Right click into the Chart
  • “Indicators list”
  • Select the Indicator and delete

MT4 Indicators Download below:

Doda-EMA Indicator

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