SMA Crossover Signals Metatrader 4 Indicator
SMA Crossover Signals indicator is a trend following indicator based on the crossover of two simple moving averages. The indicator draws buy and sell arrows on the MT4 main chart when the fast SMA crosses the slow SMA from below or above. You can fully modify FastSMA and SlowSMA input values.
BUY: Green arrow appears on the chart. Enter long at the open of the next bar.
SELL: Red arrow appears on the chart. Enter short at the open of the next bar.
EUR/JPY Weekly Chart Example