3 Moving Average Crossover MT4 with Alert Indicator Download - Free - [TFlab] - MetaTrader 4 Resource

The 3 Moving Average Cross indicator is a tool for MetaTrader 4 that combines three moving average lines with periods of 10, 20 and 40.

These moving averages are divided into fast , medium , and slow moving averages based on the respective periods.

The volatility indicator uses arrow markers and color signals to indicate crossover points between "MA" lines.

"3 MA Crossover with Alert" indicator specification table

The following table outlines the various parameters of this indicator:

Indicator overview

This tradiong tool utilizes moving averages to show the overall market trend direction. When price crosses these lines, it may indicate a potential change in price direction . The intersection of all three "MA" lines, combined with market sentiment , can serve as a signal for entering trades.

bullish trend conditions

Based on the 4-hour chart analysis of the Chainlink cryptocurrency, the fast , medium , and slow moving averages have intersected. The price trend is also showing an upward cross trending “MA” intersection .

In this case, the market could be considered bullish . Markers near the price point to breakouts and crossovers of the "MA" line.

Bearish trend conditions

In a bearish trend, the fast , medium , and slow moving averages converge simultaneously and price crosses downward. Candlestick fluctuations below the moving average indicate a bearish trend.

The USD/CAD chart on the 1 hour time frame is an example entry of signals during a bearish trend.

Indicator Settings

The settings and elements of the “3 Moving Average Crossover Indicator with Alerts” are outlined below:

• Chart Theme : Indicator theme
• Time Frame : Time frame

Fast MA Settings

• Fast MA Period : fast moving average period
• Fast MA Shift : Fast Moving Average Shift
• Fast MA Method : fast moving average method
• Fast MA Application Price : Fast Moving Average Calculation Method

Medium MA Settings:

• Medium MA Period : medium-term moving average period
• Medium MA Shift : Moving average moves medium
• Medium MA Method : Medium Moving Average Method
• Medium MA Application Price : Medium Moving Average Calculation Method

Slow MA Settings:

• Slow MA Period : Slow moving average period
• Slow MA Shift : The moving average moves slowly
• Slow MA Method : Slow moving average method
• Slow Moving Average Application Price : Slow Moving Average Calculation Method

Alerts:

• Alerts On : General alerts
• Alert Message : message reminder
• Alert Sound : Alert with sound
• Alert Email : Alert via email
• Alerts On Current : Real-time alerts
• Alerts on FM : Fast and Medium Moving Average Crossover Alerts
• Alerts on FS : Fast and slow moving average crossover alerts
• Alerts on MS : Moderate and Slow Moving Average Crossover Alerts

Show arrow settings:

• Display Arrow FS : Displays the intersection of the fast moving average and the slow moving average
• Display Arrow FM : Displays the intersection of fast and medium-term moving averages
• Display Arrow MS : Displays the intersection of the medium and slow moving averages
• Arrow Up Code MS : Up arrow for medium and slow line breaks
• Arrow Down Code MS : Down arrow for medium and slow line breaks
• Arrow Up Code FS : Up arrow for fast and slow line breaks
• Arrow Down Code FS : Down arrow for fast and slow line breaks
• Arrow Up Code FM : Up arrow for fast and medium line breaks
• Arrow Down Code FM : Down arrow for fast and medium line breaks
• Arrows on First Bar : Arrows on the first candle
• Arrow Gap FS : distance between fast and slow polyline arrows and price
• Arrow Gap FM : distance of fast and medium break arrows from price
• Arrow Gap MS : The distance between the medium speed line breakthrough arrow and the price

Conclusion

The 3 Moving Average Crossover Indicator with Alerts for MetaTrader 4 provides trading entry signals using three moving averages.

This indicator highlights directional changes in the market trend based on different calculation periods and different markers.

This tool , being one of the Signal and Prediction Indicators , provides entry or exit trading signals using markers where the "MA" line intersects. This trading tool can also use fundamental analysis and other analysis methods at the same time.