SMA Crossover Signal Indicator
Platform: MT4 Type: Scalping Last update: October 7, 2024The SMA Crossover Signal Indicator is a forex trading tool based on the crossover of two simple moving averages – one faster and one slower. For signals it displays buy and sell arrows.
When it comes to understanding trading rules, it is pretty easy to follow. When the faster SMA crosses above the slower SMA, this indicates a buy signal. Similarly, when the faster SMA crosses below the slower SMA, this indicates a sell signal.
We suggest to use it as a filter for opening and exiting transactions. Go ahead and add it to your best trading system.
