How to add moving average indicator??

[Elektra-Greene]

Can I have a moving average indicator for both resistance and support levels on MT4? If yes, then how?

 

[FXO_trader]

Can I have a moving average indicator for both resistance and support levels on MT4? If yes, then how?

You can use the moving average indicator in MT4. But it will not show you support and resistance levels.

 

[FXO_trader]

This indicator is used in trading strategies and to determine trends

 

[ChadPowell]

You can use the moving average indicator in MT4. But it will not show you support and resistance levels.

I believe it can be used for determining support or resistance too. a long-period MA flat can indicate a potential support/resistance zone.

 

[Elektra-Greene]

This indicator is used in trading strategies and to determine trends

How so? Can you explain please?

 

[Elektra-Greene]

I believe it can be used for determining support or resistance too. a long-period MA flat can indicate a potential support/resistance zone.

Can you explain how can I use it to determine such levels?

 

[FXO_trader]

How so? Can you explain please?

Determining a trend and levels are different concepts. What exactly do you want to know?

 

[Elektra-Greene]

Determining a trend and levels are different concepts. What exactly do you want to know?

How can you use it for identify trends and maybe finding entries?

 

[ajeetsingh]

Refer course from Oliver Kell on EMA's. It's a good one.

 

[Mani_Mahajan03]

Can I have a moving average indicator for both resistance and support levels on MT4? If yes, then how?

Yes, you can create a moving average indicator for both resistance and support levels on MT4 by using custom scripts or indicators, such as a Moving Average Envelope, which you can adjust to display above and below price levels.