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# Rainbow-Multiple-Moving-Average | ||
# Rainbow Multiple Moving Average | ||
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Rainbow Multiple Moving Average (RMMA) is a custom moving average indicator for MT4 and MT5 coded by EarnForex.com. The original version of this indicator was coded by _Akuma99_ for MetaTrader 4. The indicator displays in form of 66 rainbow-colored moving averages. | ||
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You can use it like any other moving average indicator - to see the currency pair's trend and act accordingly. | ||
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![Bollinger Squeeze Advanced indicator shows some potentially good trend-based entries on the hourly EUR/USD chart](https://github.com/EarnForex/Rainbow-Multiple-Moving-Average/blob/main/README_Images/rainbow-multiple-moving-average-rmma-indicates-trends-eurusd.png) | ||
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More information about this custom MetaTrader indicator is available here: https://www.earnforex.com/metatrader-indicators/Rainbow-Multiple-Moving-Average/ | ||
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Any contributions to the code are welcome! |