MACD Cross Arrow and Alert Indicator Download for MetaTrader 4 - Free - [Trading Search]

On June 23, 2025, in version 2, the indicator added alert/notification functionality

MACD Cross Arrow and Alert indicators are part of MetaTrader 4 indicators. Moving Average Convergence Divergence (MACD) determines the beginning of price trends and movements.

A bullish trend displays a buy signal with an upward blue arrow when the MACD signal line crosses above the histogram. Technical analysis .

In a bearish trend, when the MACD signal line crosses below the histogram, it displays a sell signal with a downward red arrow.

MACD Cross Arrow and Alert Indicator Table

MACD cross arrows and alert indicators at a glance

The MACD indicator is one of the most commonly used technical analysis tools and can be used in a variety of ways.

The MACD Crossover indicator predicts future price trends by detecting the intersection of the signal line with the histogram.

It identifies pivot points and price chart highs and lows and uses them as trading signals.

Buy signal (long position)

A price chart for WTI crude oil on a 30-minute time period is shown below.

The binary indicator shows a buy signal with an upward blue arrow at the beginning of a strong bullish trend, and traders can use other trend confirmation tools to open buy positions.

Sell ​​signal (short position)

The image below shows the price chart of Gold (XAU/USD) on a 30-minute time frame.

This indicator displays a sell signal with a downward red arrow at the beginning of a strong bearish trend, and traders can use other trend confirmation tools to establish sell positions.

MACD Cross Arrow Indicator Settings

• MACD Fast EMA Period: Fast Exponential Moving Average (EMA) set to 12
• MACD Slow EMA Period: Slow Exponential Moving Average (EMA) is set to 26
• MACD SMA Period: Simple Moving Average (SMA) set to 9
• MACD Applied Price: MACD Applied Price is based on the closing price
• Alert Signal When: Send a signal alert when the MACD main line and signal cross
• Candle used for analysis: The candle used for analysis is the current candle
• MACD Type: MACD type is histogram
• Number of candles to analyze: Number of candles to analyze is 5000

Notification options

• Enable notifications: Set enable notifications to false
• Send Alert Notification: Send Alert Notification is set to true
• Send notifications to mobile phones: Send mobile notifications set to false
• Send notification via email: Send email notification set to false

Drawing Options

• Draw Signal Arrows: Draw signal arrows set to true
• Buy Arrow Code (Switch): Buy signal arrow code is set to 217
• Sell ​​Arrow Code (Switch): Sell signal arrow code is set to 218
• Arrow Size (1-5) (switch): Arrow size is set to 3
• Arrow Color Sell (Switch) : Color of the sell signal arrow
• Buy Arrow Code (Cross): Buy signal arrow code is set to 233
• Sell ​​Arrow Code (Cross): Sell signal arrow code is set to 234
• Arrow Size (1-5) (Cross) : Set the arrow size to 2
• Arrow Color Sales (Cross): Color of the sell signal arrow

Conclusion

MACD Cross Arrow and Alert indicators are available on all time frames. Nonetheless, it is recommended to check higher timeframe signals first and base trades on signals consistent with the current timeframe for best results.

It can be used with other analytical tools such as support and resistance indicators , Bollinger Bands, trend lines and divergence to increase the reliability of indicator signals.