SMA Crossover Justin Alert MTF Indicator MT4

The SMA Crossover Justin Alert MTF Indicator for MT4 displays buy/sell arrows which are based on a crossover of two Simple Moving Averages and it’s available for free download. Actually, these two lines are not plotted directly on the chart, only signals are placed.

Interested? If so, let’s take a closer look at it and bring some practical trading examples.

Introducing the SMA Crossover Justin Alert MTF Indicator

MT4 Indicator Overview

The download link of the SMA Crossover Justin Alert MTF MT4 indicator is placed at the bottom of this post. Once you’re done, your trading chart should look similar to the example below.

The gauge uses the crossover between 12 and a 26-day period of Simple Moving Averages for signaling the market trends. These values can be modified according to your needs. The crossover signals are delivered directly by using up/down arrows on the main chart window. All you need to do is to follow the arrow direction. Once you’re on a trade, wait until an opposite arrow appears as an exit signal.

Settings

There are quite a few variables you can customize to fit your preferences or your trading strategy.

How to set up the SMA Crossover Justin Alert MTF indicator in MetaTrader (MT4)?

Installation Guide

Download the SMA Crossover Justin Alert MTF.rar archive at the bottom of this post, unpack it, then copy and paste the sma-crossover-justin-alert-mtf.ex4 or sma-crossover-justin-alert-mtf.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.

Conclusion

The SMA Crossover Justin Alert MTF is one of many forex indicators to try. It fits all kinds of currency pairs and timeframes. For our liking, it provides too many signals. However, playing with the settings may increase the success rate. Take into consideration that its performance will vary significantly depending on market conditions. We recommend trying it out yourself to form your own opinion.