Description :

Rainbow MT5 is technical indicator based on Moving Average with period 34 and very easy to use.

When price crosses above MA and MA changes color to green, then this is a signal to buy.

When price crosses below MA and MA changes color to red, then this is a signal to sell.

The Expert advisor ( Rainbow EA MT5 ) based on Rainbow MT5 indicator is now available here.

MT4 version is available here.