Gaussian Rainbow – MT4 Indicator

Gaussian Rainbow Indicator Screenshot

gaussian rainbow indicator

on Euro USD Chart – 1 Hour Time Frame

When the price is breaching to the other side of the rainbow, then the trend has changed.

Gaussian Rainbow Indicator Features

Input Parameters And Default Setting:

  • Rainbow Period: 10
  • Gaussian Order: 3

Details:

Note: If you are using Rainbow MMA to trade, probably you can consider this one as the alternative.