About the LeMan Forex Crossover Trend Indicator
The LeMan Forex Crossover Trend Indicator for MT4 is a trend-following tool that helps traders capture the most profitable market moves using a simple crossover method.
It shows when the trend changes direction so you can enter trades at key turning points.
The indicator appears in a subchart below the main MT4 chart window as two colored signal lines.
A crossover between these lines indicates a potential reversal or trend continuation, allowing traders to make timely decisions with minimal analysis.
This system is suitable for both beginners and experienced traders.
Its simplicity makes it easy to understand while still providing accurate signals for trend-following strategies across all currency pairs and timeframes.
Free Download
Download the “lemantrend.mq4” indicator for MT4
Key Features
- Simple crossover-based trend indicator
- Two signal lines that detect trend reversals
- Works on all currency pairs and timeframes
- Displayed in a subchart below the main MT4 chart
- Easy to use for beginner and intermediate traders
- Helps follow profitable trends with minimal effort
Indicator Chart
The chart shows the LeMan Forex Crossover Trend Indicator applied to an MT4 subchart.
Blue and red signal lines cross when the trend changes direction. A bottom-up crossover signals a buy, while a top-down crossover signals a sell.
Guide to Trade with LeMan Forex Crossover Trend Indicator
Buy Rules
- Wait for the blue signal line to cross the red line bottom-up
- Initiate a buy order immediately after the crossover
Sell Rules
- Wait for the blue signal line to cross the red line top-down
- Initiate a sell order immediately after the crossover
Stop Loss
- Place stop loss just beyond the most recent swing high for sells
- Place stop loss just below the most recent swing low for buys
- Adjust according to market volatility
Take Profit
- Target key support or resistance levels for exits
- Optionally, trail stop along the trend to maximize profits
Practical Tips
- Use higher timeframes to confirm overall trend direction
- Avoid entering trades during low volatility or flat markets
- Limit the number of open trades to manage risk effectively
Leman Forex Crossover Trend + SuperTrend NRP MT4 Intraday Strategy
This intraday trading strategy for MT4 combines the accuracy of the Leman Forex Crossover Trend Indicator with the trend clarity of the SuperTrend NRP Forex Indicator.
The setup focuses on trading with the dominant trend while using crossover signals for timely entries.
It is designed for traders who prefer structured, rule-based systems that can deliver consistent results during active market sessions.
The SuperTrend NRP indicator defines the broader market direction, while the Leman Forex Crossover Trend Indicator provides precise buy and sell triggers based on line crossovers.
This approach works best on M15, M30, and H1 timeframes, making it ideal for intraday trading on pairs like EUR/USD, GBP/JPY, and USD/CAD.
How the Strategy Works
The SuperTrend NRP indicator acts as the trend filter.
When it displays a green line, the market is in an uptrend, and long trades should be prioritized.
When it shows an orange line, the trend is bearish, and traders should focus on short positions.
The Leman Forex Crossover Trend Indicator then provides trade entries: a buy signal occurs when the blue signal line crosses the red line from bottom to top, while a sell signal occurs when the blue line crosses the red line from top to bottom.
By combining both indicators, traders can filter out false crossovers and trade only in the direction of the established trend.
Buy Entry Rules
- Wait for the SuperTrend NRP line to be green, confirming a bullish trend.
- Enter a buy trade when the blue line crosses above the red line on the Leman Forex Crossover Trend Indicator.
- Place a stop loss below the most recent swing low or below the SuperTrend line.
- Set a take profit target at 1.5x to 2x the stop loss distance, or close when the blue line crosses back below the red line.
- Optionally, move the stop loss to breakeven once the trade gains 20 pips in profit.
Sell Entry Rules
- Wait for the SuperTrend NRP line to be orange, confirming a bearish trend.
- Enter a sell trade when the blue line crosses below the red line on the Leman Forex Crossover Trend Indicator.
- Place a stop loss above the most recent swing high or above the SuperTrend line.
- Set a take profit target at 1.5x to 2x the stop loss distance, or close when the blue line crosses back above the red line.
- Move the stop loss to breakeven once the price moves 20 pips in your favor.
Advantages
- Combines crossover precision with a strong trend confirmation filter.
- Reduces false signals by trading only in the direction of the main trend.
- Works well across multiple timeframes and major currency pairs.
- Suitable for both beginners and experienced traders.
- Good balance between frequency of signals and trade quality.
Drawbacks
- May generate fewer signals during consolidating or sideways markets.
- Whipsaws can occur during sudden reversals or news releases.
- Requires patience to wait for proper crossover alignment with the trend.
- Best performance is achieved during high-volume market sessions.
Example Case Study 1: USD/CAD M30
On a USD/CAD M30 chart, the SuperTrend NRP line turned green near 1.3670, showing a bullish environment.
Shortly after, the Leman Forex Crossover Trend Indicator displayed a blue line crossing above the red line at 1.3680.
A buy position was opened with a 15-pip stop loss and a 25-pip target.
The pair moved to 1.3705 within two hours, hitting the target with a clean 25-pip profit before a minor pullback occurred.
Example Case Study 2: GBP/JPY H1
During the London session, the SuperTrend NRP line switched to orange at 194.30, confirming a downtrend.
Soon after, the blue line crossed below the red line on the Leman Forex Crossover Trend Indicator at 194.20.
A sell trade was taken with a 20-pip stop loss and a 35-pip target.
Within three hours, the price dropped to 193.85, reaching the target and providing a solid intraday gain.
Strategy Tips
- Focus on trading during the London and New York sessions for better momentum and tighter spreads.
- Use higher timeframes (H1 or H4) to confirm the direction of the main trend before entering trades.
- Avoid trading around major economic news events that can trigger false crossovers.
- Consider partial profit-taking at 1:1 risk-to-reward and trailing the rest behind the SuperTrend line.
- Regularly review performance on different currency pairs to find those that respond best to this setup.
This intraday strategy combining the Leman Forex Crossover Trend Indicator and the SuperTrend NRP Forex Indicator provides traders with a systematic, high-accuracy approach to capture directional moves.
It aligns trend strength with crossover momentum, resulting in clean entries, controlled risk, and consistent performance during active trading hours.
Download Now
Download the “lemantrend.mq4” indicator for Metatrader 4
FAQ
Can beginners use the LeMan Forex Crossover Trend Indicator?
Yes. The crossover signals are straightforward, making it easy for beginners to spot trend changes and enter trades without complex setups.
Does the indicator repaint its signals?
No. Once a crossover occurs, the signal remains stable and does not repaint past data.
Can this indicator be combined with other systems?
Yes. It works effectively alongside trend confirmation tools or momentum indicators to reduce false signals and improve trade accuracy.
Summary
The LeMan Forex Crossover Trend Indicator for MT4 provides a simple and efficient way to follow profitable trends using crossover signals.
Its easy-to-read design helps traders identify trend changes quickly and execute timely trades.
The indicator is ideal for beginners and experienced traders alike, offering flexibility across timeframes and currency pairs.
It combines well with other trend or momentum indicators used in the strategy section, improving trade timing and overall profitability.
