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Averages Indicator MT4

Averages Indicator MT4, a MetaTrader MT5 and MT4 expert advisor for trading forex profitably, as well as stocks, indices, futures  and can be downloaded for free from RobotFX
NFA & FIFO COMPATIBLE
...made to work with most brokers
ONE SINGLE PAYMENT
...no hidden fees, no subscriptions
FREE LIFE UPDATES
...every time a version is released
Averages Indicator MT4 Averages is an all-in-one moving average indicator for MT4 that can be set up to load on the trading chart based on a various settings.
A trading chart showing multiple moving averages from the Averages indicator.

Available formulas (MA_Method):

  1. SMA - Simple Moving Average
  2. EMA - Exponential Moving Average
  3. Wilder - Wilder Exponential Moving Average
  4. LWMA - Linear Weighted Moving Average
  5. SineWMA - Sine Weighted Moving Average
  6. TriMA - Triangular Moving Average
  7. LSMA - Least Square Moving Average (or EPMA, Linear Regression Line)
  8. SMMA - Smoothed Moving Average
  9. HMA - Hull Moving Average by A.Hull
  10. ZeroLagEMA - Zero-Lag Exponential Moving Average
  11. DEMA - Double Exponential Moving Average by P.Mulloy
  12. T3_basic - T3 by T.Tillson (original version)
  13. ITrend - Instantaneous Trendline by J.Ehlers
  14. Median - Moving Median
  15. GeoMean - Geometric Mean
  16. REMA - Regularized EMA by C.Satchwell
  17. ILRS - Integral of Linear Regression Slope
  18. IE_2 - Combination of LSMA and ILRS
  19. TriMAgen - Triangular Moving Average generalized by J.Ehlers
  20. VWMA - Volume Weighted Moving Average
  21. JSmooth - M.Jurik’s Smoothing
  22. SMA_eq - Simplified SMA
  23. ALMA - Arnaud Legoux Moving Average
  24. TEMA - Triple Exponential Moving Average by P.Mulloy
  25. T3 - T3 by T.Tillson (correct version)
  26. Laguerre - Laguerre filter by J.Ehlers
  27. MD - McGinley Dynamic
  28. BF2P - Two-pole modified Butterworth filter by J.Ehlers
  29. BF3P - Three-pole modified Butterworth filter by J.Ehlers
  30. SuperSmu - SuperSmoother by J.Ehlers
  31. Decycler - Simple Decycler by J.Ehlers
  32. eVWMA - Modified eVWMA
  33. EWMA - Exponential Weighted Moving Average
  34. DsEMA - Double Smoothed EMA
  35. TsEMA - Triple Smoothed EMA
  36. VEMA - Volume-weighted Exponential Moving Average(V-EMA)

 

The choice of prices used to build moving averages:

  1. close - Close
  2. open - Open
  3. high - High
  4. low - Low
  5. median - Median
  6. typical - Typical
  7. weightedClose - Weighted Close
  8. medianBody - Median Body (Open+Close)/2
  9. average - Average (High+Low+Open+Close)/4
  10. trendBiased - Trend Biased
  11. trendBiasedExt - Trend Biased(extreme)
  12. haClose - Heiken Ashi Close
  13. haOpen - Heiken Ashi Open
  14. haHigh - Heiken Ashi High
  15. haLow - Heiken Ashi Low
  16. haMedian - Heiken Ashi Median
  17. haTypical - Heiken Ashi Typical
  18. haWeighted - Heiken Ashi Weighted Close
  19. haMedianBody - Heiken Ashi Median Body
  20. haAverage - Heiken Ashi Average
  21. haTrendBiased - Heiken Ashi Trend Biased
  22. haTrendBiasedExt - Heiken Ashi Trend Biased(extreme)

TimeFrame = 0 (Selecting the timeframe)
Price = 0 (Choice of prices used)
MA_Period = 14 (Averaging period of the moving average)
MA_Shift = 0 (Shift the moving average by a specified number of periods)
MA_Method = SMA (Choice of moving average formula)
ShowInColor = true (Show/hide color rendering, up-trend color selection, down-trend color selection)
Number of bars counted = 0 (Plotted on the chart for a specified number of candles (bars), “0” – all bars are involved in the construction)


Alerts, Emails & Notifications

AlertOn = false (Disable/enable sound alerts when changing the direction of the moving average)
AlertShift = 1 (Shift of periods (candlesticks), after which the notification about the change of direction of the moving average will come)
SoundsNumber = 5 (Number of sound alerts)
SoundsPause = 5 (Pause in seconds between sound alerts)
UpTrendSound = “alert.wav” (Selecting a sound file when a trend changes from downtrend to uptrend)
DnTrendSound = “alert2.wav” (Selecting a sound file when a trend changes from uptrend to downtrend)
EmailOn = false (Disable/enable sending messages to email)
EmailsNumber = 1 (Number of messages to be sent to the mail)
PushNotificationOn = false (Disable/enable “push” messaging to your smartphone)

Download Averages Indicator free

Download a free version
fully functional but limited to trading on demo accounts
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4 Comments
Anonymous
This is a very good indicator for finding the trend. It shows you the average price so you know what direction the market is going. I use it on the daily chart and it is very accurate. A must have for any trader.
Lalita Evelyn
super simple to setup and it works amazing. I like how you can change the colors of the lines. It saves a lot of time on analysis and lets me focus on my strategy. Great product for anyone who trades on mt4.
Zoltรกn
The moving averages are spot on. It's an essential tool if you trade trends on MT4. I've been using it for a couple months and it has helped me to be a much more consistant trader. A great purchase.
Blanch
The lines are clean and it's not messy like some other indicators. i'm very happy with my purchase
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