Madro Golden Filter MT4 Indicator, is the ultimate multi-tasker. It is capable of engendering 4 distinct trading signals with 4 different indicators. So yes, it is a 4 in 1 indicator.
Golden cross signals (cross): based on RSI, MACD and ADX.
Golden lines signals (up & down arrows): based on ema5 and ema15 cross over.
Golden trend signals (square): based on DeMarker and Force index.
Broken trend signals (cross in the box): based on the momentum indicator.
How to Trade With Madro Golden Filter:
Buy Signal:
-Wait for all 4 to generate buy signals (yellow up arrow, yellow cross, yellow square and blue box).
Sell Signal:
-Wait for all 4 to generate sell signals (gray down arrow, gray cross, gray square and red box).
This indicator gives us four signals to filtering 4 strategies:
Broken Trend:Buy:
1 – Broking the Down Trend;
2 – Crossing of tow Exponential Moving Average: EMA9 Cross Up EMA30;
3 – Momentum value > 100.
Sell:
1 – Broking the Up Trend;
2 – Crossing of tow Exponential Moving Average:EMA9 Cross Down EMA30;
3 – Momentum < 100.
The arrows point to the intersection of two moving averages and the lower one indicates momentum:
Golden Trend:Buy:
1 – Broking the Down Trend;
2 – Crossing of tow Moving Average: EMA5 Cross Up SMMA15 (Smooth);
3 – DeMarker value > 0.5 & Force Index >0.
Sell:
1 – Broking the Up Trend;
2 – Crossing of tow Exponential Moving Average:EMA5 Cross Down SMMA15;
3 – DeMarker value < 0.5 & Force Index< 0.
The arrows point to the intersection of two moving averages and the middle on generates a signal:
Golden Cross:Buy:
1 – Crossing of tow Exponential Moving Average: EMA5 Cross Up EMA15;
2 – RSI value > 50 & Crossing Up of MACD& Crossing Up of ADX.
Sell:
1 – Crossing of tow Smooth Moving Average: EMA5 Cross Down EMA15;
2 – RSI value < 50 & Crossing Down of MACD& Crossing Down of ADX.
The Upper one gives the required signal & the Arrows points to the crossing of 2 MA:
The arrows point to the crossing of two moving averages and the upper one generates a signal:
Golden Lines:
By having the three indicator signals and the when the price passes either strong resistance or strong support lines, we can be assured to buy or sell a signal without worrying about making a wrong decisions.
Madro Golden Filter MT4 Indicator – Download Instructions
In order to transform accumulated history data, you need to install a MetaTrader 4
MMadro Golden Filter MT4 – it is a MetaTrader 4 indicator that allows you to detect several changes and dynamics in price that many traders can’t estimate or see without an indicator, which highlights its essence and usage.
Accordingly, traders can draw conclusions and make estimates about how the prices will change based on the information they have and then they can modify their strategy for better trading.
Madro Golden Filter MT4 indicator for MetaTrader 4.mq4?
Download indicator for MetaTrader 4.mq4Madro Golden Filter MT4 to Directory / experts / indicators /
Start or restart your Metatrader 4 Client
Select Chart and Timeframe where you want to test your mt4 indicator
Search “Custom Indicators” in your Navigator mostly left in your Metatrader 4 Client
Right click on Madro Golden Filter MT4 for MetaTrader 4.mq4
Attach to a chart
Modify settings or press ok
Indicator for MetaTrader 4.mq4 is available on your Chart
How to remove Madro Golden Filter MT4 Indicator for MetaTrader 4.mq4 from your Metatrader 4 Chart?
Select the Chart where is the Indicator running in your Metatrader 4 ClientRight click into the Chart
“Indicators list”
Select the Indicator and delete
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Download Madro Golden Filter MetaTrader 4 Forex IndicatorDOWNLOAD INDICATOR