Mastering the MA Candle Indicator for MetaTrader 4

Mike 2014.12.05 20:07 61 0 0
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The MA-Based Price Candle is a handy tool for traders looking to visualize moving averages directly on their charts.

MA-Based Price Candle.

Quick Tips for Using the MA Candle:

  • Adjust the period and method to suit your trading style.
  • If the last candle is white, consider going long.
  • If the last candle is red, it might be time to go short.
  • Set your stop-loss just above the previous green shadow or the shadow of the last candle.
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