Moving Average Trend Indicator

Moving Average Trend Indicator

The original LUA concept is quite interesting. If the trader wants to analyze the typical position of price (above or below) relative to a moving average, this indicator does that, but in a statistical way: It compares 50 different MA-Periods according to the Start_Period and the Steps (difference between each of those periods) and makes a final Sum of +1 and -1 depending whether price is above or below. This way, the trader knows when a trend is weakening and a new trend is under construction going from positive to negative.

How to install Moving Average Trend Indicator?

  • First of all download the Moving Average Trend
  • Copy mq4 files to your Metatrader Directory/experts/ indicators /
  • Start or restart your Metatrader software.
  • Select Chart and Timeframe where you want to load the indicator file.
  • Now load the indicator file from indicator section then you will see the Moving Average Trend Indicator on your Chart.

Click here below to download: