T3 Bands MQ4 Indicator – The T3 Bands MT4 Indicator is based on multiple moving averages and, more precisely, it uses 5 moving averages with 5 different periods.
By plotting multiple moving averages of different time spent on our charts we create a useful momentum indicator that can help us determine the overall direction of the trend and last but not least the strength of the trend. ‘
When the fast moving average crosses over or under the slower moving averages it will signal a change in momentum that could be an early signal of a changing price trend.