-

Home Forex MT4 Indicators SMA Crossover Signal Indicator

SMA Crossover Signal Indicator

Introduction to the SMA Crossover Signal Indicator

The 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.

This indicator is plotted directly on the main trading chart.

We suggest to use it as a filter for opening and exiting transactions. Go ahead and add it to your best trading system.

It fits all kinds of timeframes and currency pairs.

The default indicator settings can be modified directly from the input tab. Feel free to experiment with the settings and parameters to fit your personal preferences.

How to set up the SMA Crossover Signal indicator in MT4?

Installation Guide

Copy and paste the sma-crossover-signal.mq4 or sma-crossover-signal.ex4 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, that 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.

Free Download

Click the link below:

LINK

Bottom Line

The SMA Crossover Signal indicator is well worth adding to your trading collection but remember about having realistic expectations. Just like any other technical analysis tool, is not capable of providing accurate signals 100% of the time. Thus, it will provide false signals occasionally. Its performance will vary significantly depending on market conditions. Feel free to develop your own trading system based around it.

Popular Posts

Forex Signal 30 Trading System – profitable indicator forex strategy

Today I would like to present to you the Forex Signal 30 - a very good forex trading strategy. It is much liked and...

EFC Indicator

The EFC Indicator basic concept is to open position as a reversal trend is detected. As soon as RSI divergence is detected, the indicator...

Forex Entry Point Indicator

Forex Entry Point indicator was designed to give traders the best possible entry for their long and short trades and it displays pink and...

Trend Imperator V2 Trading System

Trend Imperator V2 is advanced forex trading system with clear arrows buy and sell signals. In the package you will receive following files: Trend_Imperator_V2e.ex4 Trend_Imperator_V2.ex4...

100% Non Repaint Forex Scalping Indicator

The 100% non repaint scalping indicator is a custom forex buy and sell arrows signals trading tool for any time frame and currency pair...

Looking for something?

What is your best indicator?

View Results

Loading ... Loading ...

You might also likeRELATED
Recommended for you