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Multi MA Distance Signal

Multi MA Distance Signal Indicator is a no-nonsense, no delay, no repaint indicator !

Moving Average distance together with a trend filter is a 'simple', but very powerful and reliable signal.

The current moving average distance for both a slow and a fast moving average is compared with the past MAD values.

For two moving averages, all the distances between the Close price and the moving average (MAD) over a selected period of time are compared with the current MAD "Moving Average Distance".

If the price comes within the highest/lowest percentage range of that period for both slow and fast moving average MAD, a buy/sell signal is triggered.

Inputs in the parameters :

- Moving Average to identify a price reversal (trend filter)

- Fast Moving Average and Slow moving average period and mode

- The time period to calculate in the past (Number of bars back to use for the collection of data)

- The required percentage range


For backtesting, both periods are lower than 100, but his can can change for live running.

The indicator works on any instrument or any timeframe.

There is a demo version of this indicator available to use in Strategy tester.

You will immediately notice the use and the effectiveness of this indicator.

Thanks for sharing, if you are happy please leave a positive review and a comment.

Don't hesitate to contact me for support, issues or in case you are not happy.

IMPORTANT : The signals provided by this indicator are NOT the same as Bollinger Bands signals.

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Currently Price 20% OFF ( for unlimited use )   BONUS  AUX VIP Club 2024 : Include  EA Airbag  and  Load Data History  to enhance the performance of this tool to its maximum potential  Click Here to Download Files   ( for users only )   Hello World! Introducing.. SMCpro VIP tool and Indicator for MetaTrader 4, designed to revolutionize your trading experience with the ICT Smart Money Concept. This system is meticulously crafted to empower traders with advanced insights and precision in
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This indicator I use with RENKO and RangeBar candle Discover the Secret to Successful Forex Trading with Our Custom MT4 Indicator! Have you ever wondered how to achieve success in the Forex market, consistently earning profits while minimizing risk? Here is the answer you've been searching for! Allow us to introduce our proprietary MT4 indicator that will revolutionize your approach to trading. Unique Versatility Our indicator is specially designed for users who prefer Renko and Rangebar candle
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This indicator displays three forecast projections of the last market swings based on the Zig Zag indicator. Price action moves very often according to what happened in the near past, the indicator displays the price pattern that the market will possibly follow. Both short and long patterns are displayed in the chart with an indication of the target price level. If multiple projections overlap or almost overlap, then the next price movement becomes very likely. In this case it's a ranging market
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New market liquidity indicator, more accurate with two levels, will really unhide the "hidden agenda" of the price action in any timeframe. For more information about market liquidity, a manual on how to use this indicator please send me a message. A lot of information can be found on the net. (search liquidity trading/ inner circle trader) https://www.youtube.com/watch?v=yUpDZCbNBRI https://www.youtube.com/watch?v=2LIad2etmY8&amp ;t=2054s https://www.youtube.com/watch?v=wGsUoTCSitY&amp ;t
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Version 2.0 2020.05.26
Corrected version