The Rainbow Multiple Moving Average (RMMA) indicator is a straightforward yet visually appealing tool that incorporates the standard moving average. It displays 66 rainbow-colored moving average lines directly on the chart's main window. This indicator is compatible with both MT4 and MT5 platforms, providing versatility for a wide range of traders.

Key input parameters include MA_Type, which defaults to MODE_EMA, determining the type of moving average used. MA_Price defaults to PRICE_CLOSE, specifying the price type for calculations. The MA_Period_NN varies, setting the periods for the 66 moving averages. This configuration allows traders to adjust their analysis based on preferred moving average types and price data, making it a flexible option for market analysis and strategy development.
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