Exciting news, traders! There’s a new update ready for you. You can download the Double MA with Special Time Frame including Fibonacci for free!
Double Moving Averages with Fibonacci is an innovative MQL4 indicator designed for traders who want to combine trend-following strategies with support and resistance tools all in one go. This indicator uses two customizable moving averages to signal when to buy or sell based on their crossover points. When the quicker moving average crosses above the slower one, it’s your cue to buy—indicated by a handy visual arrow. On the flip side, a downward crossover suggests it’s time to sell. These signals are crucial for spotting trend changes and pinpointing entry opportunities.
But that’s not all! This indicator also integrates Fibonacci retracement levels along with optional Fibonacci Fan lines, calculated from recent swing highs and lows. These Fibonacci tools serve as dynamic support and resistance zones, helping you identify potential reversal points or continuation trends.
What’s more, it offers real-time alerts through pop-up notifications, sounds, and emails, so you won’t miss any trading signals as they pop up. It’s versatile enough to be used across all time frames—perfect for scalping, day trading, or swing trading strategies. You even have the ability to manually set Fibonacci levels, giving you complete control over your technical setup based on your unique trading style. With its clear visual layout and multiple alert options, this tool is designed to enhance your decision-making process when trading.
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