3 MA Cross with Alert MTF Indicator MT4

MT4 Trend TradingFree Download

The 3 MA Cross with Alert MTF Indicator MT4 (MetaTrader 4) is a popular trend forex indicator with alerts based on the crossover of three moving averages. It provides accurate bullish and bearish crossovers. This forex MT4 indicator is available for free download.

Sounds interesting? Let’s take a closer look at it.

3 MA Cross with Alert MTF Indicator: Introduction

MT4 Indicator Overview

The download link of the 3 MA Cross with Alert MTF MT4 indicator is placed at the bottom of this post – once you’re done, your Metatrader 4 trading chart should look similar to the example below.

3 MA Cross with Alert MTF Indicator Example Chart 1

The 3 MA Cross Alert forex indicator consists of three moving averages: a faster one, a medium one, and a slower one. Whenever these moving averages intersect, the indicator generates either a BUY or a SELL signal. During these crossovers, the indicator displays arrows and diamonds. In a bullish crossover, this forex indicator displays a blue arrow and diamond, while in a bearish crossover, it shows a red arrow and diamond.

A buy alert is triggered when the faster moving average crosses both the medium and slower moving averages in an upward direction. Conversely, a sell alert is triggered when the faster moving average crosses both the medium and slower moving averages in a downward direction.

3 MA Cross with Alert MTF Indicator Example Chart 2

MT4 Indicators: Download and Installation Instructions

Download the 3 MA Cross with Alert MTF Indicator MT4.rar archive at the bottom of this post, unpack it, then copy and paste the 3-ma-cross-alert.ex4 or 3-ma-cross-alert.mq4 indicator files into the MQL4 folder of the Metatrader 4 trading platform.

You can gain access to this folder by clicking the top menu options, which goes as follows:

File > Open Data Folder > MQL4 > Indicators (paste here).

Now go to the left side of your MT4 terminal. In the Navigator find the gauge name, right-click it and select Attach to the chart.

Indicator Summary

The MT4 3 MA Cross with Alert MTF indicator for MetaTrader utilizes one of the oldest and fundamental forex trading strategies available. Typically, this strategy involves using two Moving Averages to enter trades when they cross paths. However, the 3 Moving Average MA Cross with Alert indicator takes it a step further by incorporating three Moving Averages. As a result, this forex indicator is expected to deliver superior performance compared to strategies relying solely on two Moving Averages. The indicator is available for free download and can be effortlessly installed.