Free Forex MQL Training

If you are a trend trader you know how important Moving Averages are for a rewarding trading experience. Traders and strategist have done a lot to make Moving Averages more accurate and profitable. "Jagged EMA" is an attempt to create an enhanced form of a moving average. It combines an Exponential Moving Average (EMA) with volatility tools to give a better feeling of what is going on in the market. The following video explains this enhanced version of EMA in more detail. You may also download a free copy of the indicator for Metatrader 4 below*.

What is the "Jagged EMA" Indicator?

Watch the following video for more information about this indicator. Click here to see the video in full size.

Download JaggedEMA[download]

Click here to download the custom indicator. This is the compiled version of the indicator which can be used both on demo and live accounts. The source code is only available to my paid students. If you would like to register to my online MQL course and have access to the source code of this indicator and many other EAs, Indicators, and Scripts click here.

If you are not familiar with using custom indicators click here.

Important Note: This indicator is not a fully automated trading system. I have designed it to help you with your existing trading strategy. Do not consider it as a trading system. It is just a tool to make your trading experience more comfortable. I strongly suggest finding a trading strategy that could benefit from this indicator. Also I do not take responsibility of the results you may get by using this indicator or any other tools published on ForexBrace.com. Neither this website nor I offer financial advice. I am also not responsible for any malfunctions of the programs offered on this website. Risk Warning!

Discuss this article!

*I cannot be held responsible for the malfunction of this indicator. User discretion is advised.