Forex Indicator GG-RiverFlow.mq4

Indicator Input Parameters:

extern int MA_Shift = 1; // Forward moving average shift 
extern color UpColor = YellowGreen; // Color of up trend
extern color DownColor = FireBrick; // Color of down trend
extern color FlatColor = Gold; // Changes Flat "Neutral" color
extern color TextColor = DarkGray; // Changes text color
extern int Corner = 0; //  LeftTop:0, RightTop:1
extern int PosX = 0; // move chart position left or right
extern int PosY = 10; // move chart position up or down

➤  Indicator Explained:

GG River Flow indicator combines and plots the following exponential moving averages 2,3,5,8,13,21,34,55,89,144, and does so for each time frame beginning with the 1 minute chart and ending at the daily chart. Each moving average for each time frame is shown on the display. The common use and visual analysis here is that one can see where price has moved across all time frames and popular moving averages in a single glance. Traders often find their entries into the larger time frames by 1.) waiting for a smaller time frame to display an opposing color, followed by 2.) a matching color change with two or more larger time frames.    

➥ Indicator Download GG-RiverFlow.mq4