Madro Golden Filter MT4 Indicator

Madro Golden Filter MT4 Indicator

Madro Golden Filter MT4 Indicator

Madro Golden Filter is a 4in1 indicator. In other words, it generates 4 separate trading signals according to 4 different conditions/indicators:

 

Golden lines signals (up & down arrows): based on ema5 and ema15 cross over.

Golden cross signals (cross): based on RSI, MACD and ADX.

Golden trend signals (square): based on DeMarker and Force index.

Broken trend signals (cross in the box): based on the momentum indicator.

How to Trade With Madro Golden Filter:

Buy Signal:

-Wait for all 4 to generate buy signals (yellow up arrow, yellow cross, yellow square and blue box).

madro-1

Sell Signal:

-Wait for all 4 to generate sell signals (gray down arrow, gray cross, gray square and red box).

madro-2

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.

Download Madro Golden Filter

Comments

  1. Ed says

    Hello, if the big arrow is the crossing of two MAs and the bottom row is momentum, then what are the two middle indicators? Thanks.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>