The CMA Buy/Sell Moving Average Metatrader 4 indicator produces less lag, does not repaint and generates accurate signals that work for any pair and time frame.
Key Takeaways
- The addition of the traditional moving average to the CMA MA indicator yields perfect conditions for crossover signals, and users should pay more attention to such trade signal setups on the chart.
- Increasing the “Length 1” value on the CMA 2 Moving Average indicator smoothens the curve and further reinforces its long-term trading attribute.
- The indicator does not manipulate price data considering the fact that it doesn’t redraw.
Feel free to explore the CMA Buy/Sell Moving Average Forex indicator’s different parameters and settings to create your own personalized indicator setup.
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Download the “CMA_2_CJCF.ex4” Metatrader 4 indicator
CMA Moving Average Forex Indicator Chart (CAD/JPY M15 Chart Example)
Here’s an example of how the indicator should look like when loaded onto the Metatrader 4 chart.
Finding Buy and Sell Triggers With The CMA Moving Average Buy/Sell MT4 Indicator
Buy Signal: Go long when the blue 32 SMA indicator line crosses below the yellow CMA Moving Average indicator line in a bottom up manner, while price aligns slightly above the lines.
Sell Signal: Go short when the blue 32 SMA indicator line crosses above the yellow CMA Moving Average indicator line in a top downward fashion, while price aligns somewhat below both curves.
Exit buy trade: Close all buy orders if while a bullish trend is ongoing, the blue 32 SMA indicator line intersects the yellow CMA Moving Average MT4 indicator line.
Exit sell trade: Close all sell orders if while a bearish trend is running, the blue 32 SMA indicator line intersects the yellow CMA Moving Average MT4 indicator line.
Tips: The CMA Moving Average indicator does yield superb results when used in combination with other trend tools, like the traditional moving average indicator.
In the example that was cited above, the trend is believed to be strong when the gap between both MA lines widens.
On the other hand, a weak trend is suggested when the gap between both MA lines is closing in.
Download This Forex Indicator Now
Download the “CMA_2_CJCF.ex4” MT4 indicator
Adjustable Parameters
Length 1, phase 1, shift 1, input price customs 1, length2, phase2, shift2, input price customs2, ndot cool2 jma1, ndot cool2 jma2, ccf ma, cjcf ma, ndot cjcf 1, ndot cjcf 2, count bars, ma period, ma period std, ma method, ma price, count bars.
More Info About This Indicator
Tradable Currency pairs: Any
Trading Platform: MT4
Time frames: M1, M5, M15, M30, H1, H4, D1, W1
Indicator Type: Trend
Installation
Copy and paste the indicator in the MT4 indicators data folder.
Then restart the MT4 terminal and attach it to any chart.