WA Averages nmc (MT4)
WA Averages nmc is a multi‑method moving‑average baseline with optional non‑repainting (nmc) logic and smart coloring. It blends several average types (e.g., EMA, SMA, LWMA, T3, Jurik‑like, etc. — depending on build) and lets you switch/stack them to time pullbacks, flips and trend rides in MetaTrader 4.
What it shows
- Selectable average types and length/smoothing options.
- Color by slope/position to read bias at a glance.
- (Optional) arrows/alerts — baseline cross, slope flip, touch/reject of the band/envelope if present.
Trade ideas
- Trend pullback: buy pullbacks to the WA line (or inner band) when slope is up and price reclaims above; mirror for shorts.
- Flip + first retest: after a baseline flip (price closes to the other side), take the first retest that holds the new side.
- Ride the wave: in strong trends, trail with the WA or an offset envelope; exit on slope flip.
- (Optional) Multi‑TF filter: higher‑TF WA slope defines regime; entries on lower TF.
Inputs that matter
- Method / period / smoothing — responsiveness vs stability.
- Price source — close/median/typical.
- Coloring mode — by slope or price relation.
- Alerts — crosses, slope, touches.
- Bands/offsets — if provided in this build.
Suggested usage
- M5–M15: pullbacks and flip‑retests.
- M30–H4: swing continuations; trail exits on slope changes.
- Daily+: portfolio tilt/hedging bias.
Installation (MT4)
- Open MetaTrader 4 → File → Open Data Folder.
- Copy
wa averages nmc.ex4
to MQL4/Indicators. - Restart MT4 (or refresh Navigator) and attach WA Averages nmc.
- Tweak inputs → OK.
FAQ
Does it repaint? The nmc variant is designed to avoid repainting on closed bars.
Use in EAs? Yes, via iCustom
.
Markets? FX, indices, metals, crypto — anything on MT4.
Disclaimer: Test on a demo account first; risk management is essential.