Forex Moving Averages Crossover MT4 Indicator:
About the Forex Moving Averages Crossover MT4 Indicator
Crossovers can provide tremendous insight into the psychology underlying the market in a particular currency pair. Typically, a fast line crosses a slow line will provide an early signal of a potential change of trend in the short-term.
This Indicator will paint an arrow for the crossover of the fast moving average over the slow moving average. Traders can set the timeframe, period, shift, method and applied price for both the fast and slow moving average lines.
Copy and paste the file into the MQL4 Indicators folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Indicators (paste here)