Indicator EMA 34 of high, low, close (MetaTrader4) | Forex Factory

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Indicator EMA 34 of high, low, close (MetaTrader4)

  • #1
  • First Post: Nov 24, 2006 3:05pm Nov 24, 2006 3:05pm
Hi!

This is my first indicator. I use is all the time. Please let me know how you like it!

kib
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File Type: mq4 Wave_34Ema_Hi_Low_Close.mq4   3 KB | 1,477 downloads
  • #2
  • Nov 25, 2006 9:28pm Nov 25, 2006 9:28pm
Why would someone need to use this?
  • #3
  • Nov 26, 2006 12:23am Nov 26, 2006 12:23am
Greetings, you might want to check out raghee.com and Raghee's free online videos of what she calls her "Wave", it is based on the 34ema HLC. Very informative.

: ) Thom
  • #4
  • Nov 26, 2006 2:39pm Nov 26, 2006 2:39pm
I meant, wat the point is for this indicator. it isn't too hard to post 3 moving avg's on a chart.
  • #5
  • Last Post: Nov 26, 2006 4:52pm Nov 26, 2006 4:52pm
Quoting kiboeing
Hi!

This is my first indicator. I use is all the time. Please let me know how you like it!

kib

hey man add a 12 EMA to that chart and see how you like it then. and for posting three of the same indicators. if you look at the 34 its a fibo number. so its a moving fibo line. and it works quite well. i was able to get 251 pips thursday due to this trading method
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