Supreme AMA Forex Trend Indicator For MT4

The Supreme AMA Metatrader 4 forex trend indicator is short for Adaptive Moving Average.

Supreme AMA represents an optimized trend indicator that measures the degree of noise present in a trend

It is a fascinating indicator that guarantees consistent market gains for all tiers of traders.

The AMA indicator has built-in inputs variable settings that are moderately stacked in and shouldn’t pose any problem whatsoever for even market dummies (refer to GBPNZD M30 chart below).

AMA trends:

  • Blue dotted sienna line runs slightly below the candlesticks depicting the start of an uptrend.
  • Red dotted sienna line runs slightly above the candlesticks depicting the start of a downtrend.

Tip: Trading the Force Index MT4 indicator together with the AMA Indicator creates a secure trading system.

In this case:

  • A buy trend takes place when the light sea green Force Index indicator line breaks above the zero-horizontal level, while the blue dotted sienna line runs slightly below the price bars.
  • A sell trend takes place when the light sea green Force Index indicator line breaks below the zero-horizontal level, while the red dotted sienna line runs slightly above the price bars.

Download This MT4 Forex Indicator Free

Download the “AMA.ex4” Metatrader 4 indicator

Supreme AMA Forex Trend Indicator Chart

Below is an example of how the indicator should appear when added onto the Metatrader 4 chart.

Traders are free to adapt this indicator on a cross section of forex pairs and time frames of their preference.

Finding Buy and Sell Triggers With Supreme AMA Forex Trend Indicator  

Below is an example of how to buy and sell forex pairs with this technical indicator:

Buy Trigger: Open buy trade order when price bars open and closes above the blue dotted sienna line. The trend is bullish now.

Place stop loss below most recent pullback, or use your own stop loss placement method.

Close the buy trade at the instance a red dot pops up on the sienna line within the activity chart (bearish trend reversal).

Alternatively, exit the buy trade for a fixed take profit target, for example, 50 pips on the 30-Minute day trading chart.

Sell Trigger: Open sell trade order when price bars open and closes below the red dotted sienna line. The trend is bearish now.

Place stop loss above most recent pullback, or use your own stop loss placement method.

Close the sell trade at the instance a blue dot pops up on the sienna line within the activity chart (bullish trend reversal).

Alternatively, exit the sell trade for a fixed take profit target, for example, 25 pips on the 5-minute day trading chart.

Download This Forex Indicator Now

Download the “AMA.ex4” MT4 indicator

Adjustable Parameters

Period AMA, nfast, nslow, G, dk.

Usage

The indicator can be used as a stand-alone signals indicator.

It can also be combined with:

  • Trading oscillators (Force Index, Stochastic Oscillator, DeMarker,….)
  • Trend indicators (Ichimoku Kinko Hyo, Parabolic SAR, Envelopes,…)
  • Price action methods and techniques

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 (click on ‘File > Open Data Folder’).

Right click within the MT4 terminal Navigator window to refresh or restart the terminal and add the indicator to any chart.

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