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Moving Average Signal Trigger Metatrader 4 Forex Indicator

    The Moving Average Signal Trigger MT4 indicator is trend-following in nature and consists of 4 moving average lines set at different periods.

    The 4 lines placed together on a chart form a typical crossover buy and sell trading system.

    A bullish trend occurs if (look to buy):

    • The light pink MA line is positioned below the light blue MA line and…
    • The green MA line is positioned above the light blue MA line and the light pink MA and…
    • The blue MA is positioned above the green, light blue and light pink MA lines

    A bearish trend occurs if (look to sell):

    • The light pink MA line is positioned above the light blue MA line and…
    • The green MA line is positioned below the light blue MA line and the light pink MA and…
    • The blue MA is positioned below the green, light blue and light pink MA lines

    This forex indicator is beginner friendly and can be used for any trading style.

    Free Download

    Download the ma-trigger.mq4” MT4 indicator

    Example Chart

    The EUR/USD/ H1 chart below displays the Moving Average Signal Trigger forex indicator in action.

    Basic Trading Signals

    See description above for more information on how to trade this forex indicator correctly.

    Download

    Download the ma-trigger.mq4” Metatrader 4 indicator

    MT4 Indicator Characteristics

    Currency pairs: Any

    Platform: Metatrader 4

    Type: chart pattern

    Customization options: Variable (slowPeriod, Mainperiod, TrendOverPeriod) Colors, width & Style.

    Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

    Type: Trend

    Installation

    Copy and paste the ma-trigger.mq4 indicator into the MQL4 indicators folder of the Metatrader 4 trading platform.

    You can access this folder from the top menu as follows:

    File > Open Data Folder > MQL4 > Indicators (paste here)