No Lag Moving Average Metatrader 4 Forex Indicator

The No Lag Moving Average MT4 forex indicator is a buy/sell simple moving average indicator without lag.

Its signals are very easy to trade and visible on the activity chart:

  • A blue colored line indicates the market is trending up. This is a buy signal
  • A red colored line indicates the market is trending down. This is a sell signal
  • A yellow line indicates the market is flat. Stick with your current open position

The No Lag Moving Average Metatrader 4 forex indicator is useful for scalping, day trading and short-term swing trading purposes.

The indicator can be used as a standalone signals indicator or in agreement with other analysis tools.

The indicator settings can be modified from the indicator’s inputs tab.

Free Download

Download the nonlagma-indicator.mq4” MT4 indicator

Example Chart

The GBP/USD Hourly chart below displays the No Lag Moving Average Metatrader 4 Forex indicator in action.

Basic Trading Signals

Signals from the No Lag Moving Average MT4 forex indicator are easy to interpret and goes as follows:

Buy Signal: A valid buy signal occurs when the no lag MA indicator starts drawing a blue signal line on the chart.

Sell Signal: A valid sell signal occurs when the no lag MA indicator starts drawing a red signal line on the chart.

Trade Exit: Close the open buy/sell trade when an opposite signal occurs, or use your own method of trade exit.

Download

Download the nonlagma-indicator.mq4” Metatrader 4 indicator

MT4 Indicator Characteristics

Currency pairs: Any

Platform: Metatrader 4

Type: Chart pattern indicator

Customization options: Variable (Price, Length, Deviation) Colors, width & Style.

Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

Type: Trend

Installation

Copy and paste the nonlagma-indicator.mq4 indicator into the MQL4 indicators folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Indicators (paste here)

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