The MA Crossover Alert Forex indicator for MT4 (Metatrader 4) is a trend-following buy & sell signals indicator that’s based on the crossover of two MA’s.
It’s an easy to use Forex trading system.
The indicator pops up in the main MT4 chart window in the form of white colored signal arrows.
Buy & sell signal:
- A buy trade should be opened as soon as the indicator paints a white UP arrow on the chart.
- A sell trade should be opened as soon as the indicator paints a white DOWN arrow on the chart.
The MA Crossover Alert indicator can be used for both trade entry and exit or as an additional trend confirmation filter for other strategies and systems.
The indicator works equally well on all currency pairs (majors, minors and exotic) and shows promising results if used correctly.
Free Download:
Download the “MA Crossover Alert.mq4” indicator for MT4
Indicator Example Chart (EUR/USD M5)
The picture below shows the MA Crossover Alert mt4 indicator in action on the trading chart.
Trading Tips:
Feel free to use your own favorite trade entry, stop loss and take profit method to trade with the MA Crossover Alert Forex indicator.
As always, trade in agreement with the overall trend and practice on a demo account first until you fully understand this indicator.
Please note that even the best trading indicator cannot yield a 100% win rate over long periods.
Indicator Specifications & Inputs:
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Trade Style: Works for scalping, day trading and swing trading
Input Parameters: Variable (inputs tab), color settings & style
Indicator type: Signal
Does the indicator repaint? No.
Download Now:
Download the “MA Crossover Alert.mq4” indicator for Metatrader 4
How to install this indicator on Metatrader 4?
Open the Metatrader 4 platform
From the top menu, click on “File”
Then click on “Open Data Folder”
Then double click with your mouse button on “MQL4”
Now double click on “Indicators”
Paste the MA Crossover Alert.mq4 indicator in the Indicators folder.
Finally restart the MT4 platform and attach the indicator to any chart.
How to remove the indicator?
Click with your right mouse button in the chart with the indicator attached onto it.
Select “Indicator List” from the drop down menu.
Select the indicator and press delete.
How to edit the indicator’s inputs and parameters?
Right click with your mouse button in the chart with the indicator attached onto it.
From the drop down menu, click on indicators list.
Select the indicator from the list and press edit.
Now you can edit the indicator.
Finally, press the OK button to save the updated configuration.