The SEFC05 Forex indicator for Metatrader 4 is an awesome buy/sell signals tool composed of two moving averages.
A green bar appears when the blue moving average crosses the orange moving average from below (bullish trend).
An orange bar occurs when the blue moving average crosses the orange moving average from above (bearish trend).
Trading Signals
BUY: Wait for the first green bar.
SELL: Wait for the first orange bar.
Download
Download the SEFC05.mq4 Metatrader 4 indicator.
Configurable Indicator Options
MA1Period, MA2Period, MA2Price
EUR/USD 4 Hour Chart Example
How to install the SEFC05 custom indicator in Metatrader 4?
- Download the SEFC05.mq4 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.