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Moving Average Crossover Alert indicator for MT4/MT5

While a MACD indicator shows the crossovers in a histogram chart, this indicator only shows the moving averages.Ī crossover in two moving averages of different period can indicate a trend reversal. Many trading strategies base their entry and exit signals on MA crossovers. Moving Average Crossover indicator includes two moving averages and displays them on screen. Moving Average Crossover indicator with alert is a tool for MetaTrader that can notify you when two moving averages cross each other. What is moving average crossover indicator? One of the problems of moving averages is that they are lagging indicators, so they lag behind price, often giving signals too late.īeing a very simple instrument, they are usually considered together with other indicators or price action.

They can reduce the noise, showing a smoother movement of price.

Moving averages are popular for the following reasons: So, for example, a moving average of period 10 is the average price over the last 10 candles. A moving average is basically an average value of the price over the last specified number of candles. A moving average is one of the simplest indicators in technical analysis.