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MA Trend Following Forex Indicator

Download an advanced moving average crossover signal system indicator for Metatrader 4.

The MA histogram changes color when a short-term moving average crosses a long-term moving average from above or below.

This system is often used by trend following forex traders.

Feel free to experiment with the moving average periods and method (simple, exponential, smoothed and linear weighted).

Trading Signals

Buy signal: Wait for the MA histogram to change color from pink to blue (bullish).

Sell signal: Wait for the MA histogram to change color from blue to pink (bearish).

Indicator Preferences

Currency pairs: any (majors, cross pairs, exotics)

Time frames: any

Trading sessions: any

Download

Download the MA Histogram.ex4 indicator

Configurable Indicator Options

Colors, MA period, MA method, signal, maximum bars,…

Example: EUR/JPY H1 Chart

trend-following-forex-indicator

How to install the MA Trend Following custom indicator in Metatrader 4?

  • Download the MA Histogram.ex4 indicator to your computer.
  • Open your Metatrader 4 platform.
  • Open the data folder from the top menu.
  • Open the MQL4 folder.
  • Open the indicators folder.
  • Paste the indicator file in this folder.
  • Restart the trading platform.
  • Open any trading chart.
  • Attach the indicator to the chart.