The installation is very easy to perform. You can download the indicator for free using the link below and install it by following the provided instructions. How to download and use MT4 Moving Average Crossover indicator? Additionally, you can inspect the code of our Alert Indicator Template, which was used as the foundation for Moving Average Crossover Alert indicator. If you are interested in alert indicators, you can use the source code of the present Moving Average Crossover Indicator for your further development. Moving Average Crossover indicator source code Color and size of the signals on the chart.ĭue to the parameters available, Moving Average Crossover Alert indicator is suitable for both simple moving averages and exponential moving averages cross alerts.Īnother interesting feature of Moving Average Crossover Alert indicator is that it can display buy and sell signals in the form of arrows when signals occur.Type of the moving averages (simple, exponential, weighed, TEMA (in MT5), and so on).The indicator is very flexible and you can set several parameters: This indicator allows you to get notification when some conditions trigger. To help with this missing feature, you can download our Moving Average Crossover Alert indicator for MetaTrader 4 & 5. You can benefit from this alert in both trend following and trend reversal strategies. In many cases it is useful get a notification in some moving average crossover situations because they could be trading opportunities. MetaTrader platform includes a moving average among its indicators, however, it comes without any crossover notification option. Moving Average Crossover Alert indicator for MT4/MT5 While a MACD indicator shows the crossovers in a histogram chart, this indicator only shows the moving averages.Ī crossover in two moving averages of different period can indicate a trend reversal. Many trading strategies base their entry and exit signals on MA crossovers. Moving Average Crossover indicator includes two moving averages and displays them on screen. Moving Average Crossover indicator with alert is a tool for MetaTrader that can notify you when two moving averages cross each other. What is moving average crossover indicator? One of the problems of moving averages is that they are lagging indicators, so they lag behind price, often giving signals too late.īeing a very simple instrument, they are usually considered together with other indicators or price action. They can reduce the noise, showing a smoother movement of price.Moving averages are popular for the following reasons: So, for example, a moving average of period 10 is the average price over the last 10 candles. A moving average is basically an average value of the price over the last specified number of candles. A moving average is one of the simplest indicators in technical analysis.
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