Madro Golden Filter MT4 Indicator


This indicator gives us four signals to filtering 4 strategies:
Broken Trend:
Buy:
1 – Broking the Down Trend;
2 – Crossing of tow Exponential Moving Average: EMA9 Cross Up EMA30;
3 – Momentum value > 100.
Sell:
1 – Broking the Up Trend;
2 – Crossing of tow Exponential Moving Average:EMA9 Cross Down EMA30;
3 – Momentum < 100.
The lower one gives the momentum & the Arrows points to the crossing of 2MA:
Golden Trend:
Buy:
1 – Broking the Down Trend;
2 – Crossing of tow Moving Average: EMA5 Cross Up SMMA15 (Smooth);
3 – DeMarker value > 0.5 & Force Index >0.
Sell:
1 – Broking the Up Trend;
2 – Crossing of tow Exponential Moving Average:EMA5 Cross Down SMMA15;
3 – DeMarker value < 0.5 & Force Index< 0.
The Middle one gives the required signal & the Arrows points to the crossing of 2 MA:
Golden Cross:
Buy:
1 – Crossing of tow Exponential Moving Average: EMA5 Cross Up EMA15;
2 – RSI value > 50 & Crossing Up of MACD& Crossing Up of ADX.
Sell:
1 – Crossing of tow Smooth Moving Average: EMA5 Cross Down EMA15;
2 – RSI value < 50 & Crossing Down of MACD& Crossing Down of ADX.
The Upper one gives the required signal & the Arrows points to the crossing of 2 MA:
Golden Lines:
When the price passed a strong resistance or support we can get a good confirming signal for Buy or Sell by looking to the three signals of the indicator.

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