The Trading Comments of EMA forex indicator simply displays trading signals as written text placed on the main trading chart of your Metatrader 4 platform. This indicator is based on Exponential Moving Average.
How to trade with Trading Comments of EMA Indicator?
Open BUY order:
- Follow the instructions displayed on the chart regarding long trade. Open position at specific price level.
- Exit the trade following the instructions display on the chart. Close your position at specific price level.
Open SELL order:
- Follow the instructions displayed on the chart regarding short trade. Open position at specific price level.
- Exit the trade following the instructions display on the chart. Close your position at specific price level.
How to install this indicator on your Metatrader trading plaftform?
- Download the indicator by clicking “LINK” button at the bottom of this post.
- Copy and paste the Trading Comments of EMA indicator files into following folder of your Metatrader 4 platform: MQL4 > Indicators.
- You can gain access to the folders this way: File > Open Data Folder > MQL4 > Indicators (paste files here).
- Restart your Metatrader 4 Client.
- Select Chart and Timeframe where you want to test the indicator
- Browse “Custom Indicators” in your Navigator that is located on the left in your Metatrader 4 platform.
- Right click on Trading-Comments-Of-EMA.mq4 and than click “Attach to the chart”.
- You can modify settings if you need and than click ok.
- The indicator is ready and running on the chart.