MMR Indicator combines the signals produced by EMA(5) + LWMA(85) Crossover with RSI and MACD used as filter confirmation. The interpretation is very intuitive:
- BUY when Green Bar appears
- SELL when Red Bar appears
- Exit when the main line hits the zero line
Recommended timeframe M15 and higher.
- File: MMR.mq4
- Size: 2 Kb