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Sunday, 02 October 2022
Forex-SMA-Crossover-Signal-Indicator
Forex-SMA-Crossover-Signal-Indicator

Forex-SMA-Crossover-Signal-Indicator

Watch the testing video here:

Forex SMA Crossover Signal Indicator

 

The SMA Crossover Signal Metatrader 4 indicator is a very popular MT4 technical indicator.

The indicator is based on the crossover of two simple moving averages, one faster and one slower.

Understanding how this system works is very simple:

When the faster SMA crosses above the slower SMA from below, this generates a buy signal.

The indicator displays a green buy arrow on the Metatrader 4 chart.

Conversely, when the faster SMA crosses below the slower SMA from above, this generates a sell signal.

The SMA Crossover Signal Metatrader 4 can be used as a standalone indicator or together with other indicators or analysis tools.

It works for scalping, day trading and swing trading.

The default indicator values are set to 9 and 18 but can be changed directly from the indicator’s input tab.

Experiment with its settings!

Free Download

Download the sma-crossover-signal.mq4” MT4 indicator

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