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Trading product for 4MA Indicator Prop Forex, image 1
4MA
Indicator
648 downloads
Version 1.0, Nov 2024
Windows, Mac
5.0
Reviews: 1
Trading product for 4MA Indicator Prop Forex, image 2
Trading product for 4MA Indicator Prop Forex, image 3
Trading product for 4MA Indicator Prop Forex, image 4
Trading product for 4MA Indicator Prop Forex, image 5
150
Sales
11.31K
Free installs

Description

This indicator consists of 3 moving averages that can be configured to your liking, from the type of moving average to its colors, thickness, and line type.

The fourth is VWMA (Volume-Weighted Moving Average) โ€“ the typical formula for this indicator is - 3-day VWMA = (C1 * V1 + C2 * V2 + C3 * V3) / (V1 + V2 + V3).

In this option, I have created the possibility to repeat the interval not just 3 times but up to 500 times.

I created this to keep the chart clean.

The default parameters are moving average hull which are perfect and periods 24, 48, 96 are more optimal for me in each timeframe.

Additional

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Summary

AI summary
4MA is a configurable trading indicator featuring three customizable moving averages and a fourth volume-weighted moving average (VWMA). Users can adjust the type, color, thickness, and line style of the three moving averages to suit their preferences. The VWMA is calculated using a standard formula that weights closing prices by volume over a specified period. This indicator allows repeating intervals up to 500 times to maintain chart clarity. Default settings use Hull moving averages with periods of 24, 48, and 96, optimized for various timeframes. It supports multiple markets including forex, indices, commodities, cryptocurrencies, and stocks. The design aims to provide clear buy or sell signals at a glance, facilitating efficient market analysis.
Indicator profile

Customer reviews

5.0
Reviews: 1
5
100 %
4
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2
0 %
1
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Customer reviews
August 12, 2025
Pros: Displays up to four moving averages with full customization. Clean visualization and stable performance. Cons: No alerts or tooltips. Doesnโ€™t support saving user templates. Lacks built-in crossover notifications.

Discussion

FAQ

Prop
Forex
Indices
Commodities
Crypto
Stocks
Products available through cTrader Store, including trading bots, indicators and plugins, are provided by third-party developers and made available for informational and technical access purposes only. cTrader Store is not a broker and does not provide investment advice, personal recommendations or any guarantee of future performance.

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Price

150
Sales
11.31K
Free installs