The MA Crossover Alert Forex indicator for MT4 (Metatrader 4) is a trend-following buy & sell signals indicator that’s based on the crossover of two MA’s.
It’s an easy-to-use Forex trading system.
The indicator pops up in the main MT4 chart window in the form of white colored signal arrows.
Buy & Sell Trade Example
- A buy trade should be opened as soon as the indicator paints a white UP arrow on the chart.
- A sell trade should be opened as soon as the indicator paints a white DOWN arrow on the chart.
The MA Crossover Alert indicator can be used for both trade entry and exit or as an additional trend confirmation filter for other strategies and systems.
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 Crossover Alert.mq4” indicator for MT4
Indicator Chart (EUR/USD M5)
The picture below shows the MA Crossover Alert 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 Crossover Alert 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: Signal
Does the indicator repaint? No.
MA Crossover Alert + Scalping Indicator MT4 Strategy
This scalping method blends trend direction from the MA Crossover Alert MT4 with entry signals from the Best Forex Scalping Indicator MT4.
The first shows a white up arrow when the market is bullish and a white down arrow when bearish.
The second one provides the actual trade entry: blue arrows for potential buys and red arrows for sells.
By filtering scalping signals through trend direction, you avoid countertrend noise and improve your hit rate.
Best used on 1-minute or 5-minute charts, this strategy suits active traders who want frequent small profits with tight risk control.
You should have fast order execution and be comfortable with rapid decisions.
Buy Entry Rules
- Wait until the MA Crossover Alert draws a white up arrow, indicating bullish trend direction.
- Then wait for the Scalping Indicator to draw a blue arrow, signaling a buy opportunity.
- Enter a buy trade at the close of the candle with the blue arrow.
- Place a stop loss a few pips below the recent swing low or below the low of the arrow candle.
- Take profit target: aim for 8–15 pips (or as suited to the pair’s volatility).
- Consider a trailing stop once you gain around half your take profit to lock in profit.
Sell Entry Rules
- Wait until the MA Crossover Alert draws a white down arrow, showing bearish trend direction.
- Then wait for the Scalping Indicator to draw a red arrow, signaling a sell opportunity.
- Enter a sell trade at the close of the arrow candle.
- Place a stop loss a few pips above the recent swing high or above the high of the arrow candle.
- Take profit target: 8–15 pips, depending on volatility.
- Optionally, trail stop once the price moves in favor by half the target distance.
Advantages
- Combines trend filter and reversal cues to reduce false trades.
- Designed for fast trades—less exposure to sudden reversals.
- Clear visual signals with white trend arrows and blue/red entry arrows.
- Works well during active sessions when volatility is present.
- It suits traders who prefer structured scalping rules rather than discretion.
Drawbacks
- Many trades may be filtered out when the trend arrow doesn’t align with the entry arrow.
- In extremely choppy markets, arrows may whipsaw and cause small losses.
- Requires discipline to avoid entering on just one indicator’s signal without confirmation.
- Because scalping profits are small, spreads and slippage can eat into gains.
Example Case Study 1: EUR/USD M5 Chart
During the London session, the MA Crossover Alert drew a white up arrow at 1.1230, showing a bullish trend.
Shortly afterward, the Scalping Indicator plotted a blue arrow at 1.1235.
A buy order was entered at 1.1235, with a stop loss at 1.1228 and a target at 1.1245 (10 pips).
The price moved favorably and hit the target within 20 minutes.
A trailing stop could have been used to capture more if volatility allowed.
Example Case Study 2: GBP/USD M1 Chart
In a fast move during the New York session, the MA Crossover Alert gave a white down arrow at 1.3050.
Soon after, the Scalping Indicator showed a red arrow at 1.3046.
A sell order was placed at 1.3046, stop loss at 1.3052, target at 1.3036 (10 pips).
The price dropped quickly and reached the target in a few candles, yielding a small but clean scalp.
Strategy Tips
- Don’t take a blue entry unless you already have a white up arrow confirming trend direction; similarly, only take red entries when a white down arrow is present.
- Focus on the first arrow in the direction of the trend after consolidation, not subsequent ones too close together.
- Use this strategy in high-volume times (London, New York overlap) to improve signal reliability.
Using trend direction from the MA Crossover Alert with entry signals from the Scalping Indicator gives you a disciplined, filtered scalping method.
With proper risk control, this can produce consistent small wins over many trades.
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Download the “MA Crossover Alert.mq4” indicator for Metatrader 4
