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The Dual-Color Exponential Line Indicator is one of the newer types of moving averages that combines two exponential averages with the addition of smoothing, making the line much more resistant to weaker price corrections.
In addition, this indicator is even much more adapted to complete beginners, as the given line changes its color automatically with the change of the trend mood, and traders are thus always aware of the current trend situation.
- The exponential trend indicator
- User complexity: Simple
- Usability: Forex, Oil, Gold
- MetaTrader 4 Compatibility.
- Free indicator updates
Trading with the indicator
Today's indicator is a highly intuitive affair, with which there is almost no need to worry about the trader making a mistake. All that is needed with this indicator is to wait for the line to change colour and then either enter a trading position at this point or, conversely, in the case of an active entry, it is possible to exit.
Download the Exponential Line of Double Colors from the button below
Do you need help with installing this indicator into MT4 for Windows or Mac OS? Our guide HERE will help you
