MA Cross Histogram is a free mt4 (Metatrader 4) indicator that provides high-probability trend direction for any pair and time frame.
The indicator oscillates above (bullish) and below (bearish) the 0.00 neutral level in a separate MT4 chart window.
Buy & Sell Trade Example
- Initiate a buy trade as soon as the yellow line crosses back above the 0.00 level.
- Initiate a sell trade as soon as the yellow line crosses back below the 0.00 level.
- Reverse the open trade whenever an opposite signal arrow appears on the chart.
For scalping and day trading, the indicator performs best during the London and New York trading sessions.
The indicator works equally well on all currency pairs (majors, minors and exotic) and shows promising results if used correctly.
Free Download
Download the “Ma cross.mq4” indicator for MT4
Indicator Chart (EUR/USD M5)
The picture below shows the MA Cross Histogram mt4 indicator in action on the trading chart.
Trading Tips:
Feel free to use your own favorite trade entry, stop loss and take profit method to trade with the MA Cross Histogram Forex indicator.
As always, trade in agreement with the overall trend and practice on a demo account first until you fully understand this indicator.
Please note that even the best trading indicator cannot yield a 100% win rate over long periods.
Indicator Specifications & Inputs:
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Trade Style: Works for scalping, day trading and swing trading
Input Parameters: Variable (inputs tab), color settings & style
Indicator type: Oscillator
Does the indicator repaint? No.
MA Cross Histogram + Lucky Reversal MT4 Day Trading Strategy
The combination of the MA Cross Histogram Indicator for MT4 and the Lucky Reversal Indicator for MT4 provides a reliable and efficient approach for day traders seeking to capture short-term trend reversals with confirmation from momentum shifts.
This setup works best on the 15-minute to 1-hour charts, focusing on intraday movements with clear entry and exit signals.
The strategy is simple, visual, and effective for traders who prefer structured rules rather than guesswork.
The MA Cross Histogram Indicator measures momentum by showing when the short-term moving average crosses above or below the long-term one.
When the histogram moves above zero, it signals a bullish phase, and when it drops below zero, it signals a bearish phase.
The Lucky Reversal Indicator helps spot early turning points in the trend, shown by blue arrows for potential bullish reversals and red arrows for bearish ones.
Combining both creates a filtered system where only high-probability reversals aligned with momentum are traded.
Buy Entry Rules
- Wait for the MA Cross Histogram to move back above the zero line, confirming a shift to bullish momentum.
- Enter a buy trade when a blue arrow appears from the Lucky Reversal Indicator, signaling a reversal to the upside.
- Place the stop loss a few pips below the most recent swing low.
- Set a take profit target of 20–40 pips, depending on volatility.
- Optional: Close half the position when the price reaches +20 pips and trail the stop to break even for the remaining part.
Sell Entry Rules
- Wait for the MA Cross Histogram to move below the zero line, confirming a shift to bearish momentum.
- Enter a sell trade when a red arrow appears from the Lucky Reversal Indicator, signaling a downside reversal.
- Place the stop loss a few pips above the most recent swing high.
- Set a take profit target of 20–40 pips, depending on the strength of the move.
- Optional: Close half the position at +20 pips and let the rest run with a trailing stop.
Advantages
- Clear and easy-to-follow rules suitable for beginners and experienced traders.
- Combines momentum confirmation with early reversal detection.
- Works well during active market sessions such as London or New York.
- Reduces false signals by filtering trades with both histogram and arrow confirmation.
- Applicable to all major currency pairs and time frames from M15 to H1.
Drawbacks
- It may generate fewer signals during ranging or low volatility periods.
- Requires discipline to wait for both confirmation signals before entry.
- Not ideal for scalpers targeting very short-term moves under 10 pips.
Example Case Study 1: EUR/USD 15-Minute Chart
During the London session, the MA Cross Histogram moved from below zero to above zero, showing bullish strength.
A few candles later, the Lucky Reversal Indicator printed a blue arrow near a local bottom at 1.0675.
A buy trade was triggered at 1.0680 with a stop loss at 1.0660 and a target at 1.0720.
The pair rallied strongly within three hours, hitting the target for a 40-pip gain.
The combination of momentum and reversal alignment provided a clear, low-risk setup.
Example Case Study 2: GBP/USD 30-Minute Chart
In the New York morning session, the MA Cross Histogram turned negative, showing momentum shifting downward.
Shortly after, the Lucky Reversal Indicator displayed a red arrow near the top around 1.2820.
A sell position was entered at 1.2815 with a stop at 1.2840 and a take profit at 1.2770.
The move played out over two hours, delivering 45 pips profit as bearish momentum continued.
The dual confirmation prevented premature entries and avoided fake bullish retracements.
Strategy Tips
- Trade only during high-volume sessions to increase signal reliability.
- Always confirm the histogram direction before reacting to a reversal arrow.
- A move back above zero confirms a buy trend; a move below zero confirms a sell trend.
- Skip trades that occur inside narrow ranges or just before major news announcements.
- For better results, combine this setup with support and resistance levels or trendlines for added confluence.
This strategy provides a structured way to catch early reversals supported by momentum.
When applied with patience and proper risk management, it can consistently capture 20–50 pip moves in trending markets.
