The MA Crossover Histogram Signal indicator for mt4 (Metatrader 4) is a crossover system that draws the actual signal bars as a histogram in a separate chart window.
Buy & Sell Trade Example
- The first blue colored histogram bar is the actual buy signal.
- The first red colored histogram bar is the actual sell signal.
The indicator works equally well on all assets (Forex, CFD stocks, Indices, Cryptocurrencies, Commodities,..) and shows promising results if used correctly.
Free Download
Download the “MA_Crossover_Histogram.mq4” indicator for MT4
Indicator Chart (USD/CHF M30)
The example chart below displays the MA Crossover Histogram Signal mt4 indicator in action on the trading chart.
Tips:
Feel free to use your own favorite trade entry, stop loss and take profit strategy to trade with the MA Crossover Histogram Signal 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 bars
Does the indicator repaint? No.
MA Crossover Histogram + Supply and Demand Forex Trend Strategy for MT4
This strategy combines the MA Crossover Histogram Signal Indicator for MT4 with the Supply and Demand Metatrader 4 Forex Indicator to identify high-probability trend trades.
The MA Crossover Histogram provides visual buy and sell signals with blue bars indicating bullish momentum and red bars indicating bearish momentum.
The Supply and Demand indicator highlights key support and resistance zones with green horizontal blocks for demand (support) and red blocks for supply (resistance), helping traders identify areas where price may reverse or continue the trend.
Why this strategy works
The combination of momentum and key price levels allows traders to enter trades in the direction of the prevailing trend while avoiding entering at weak or potentially reversing zones.
The MA Crossover Histogram identifies the trend’s momentum, while the Supply and Demand indicator helps to time entries and exits around strong market zones.
Buy Entry Rules
- Look for a blue bar on the MA Crossover Histogram indicating bullish momentum.
- Confirm that the price is above a green demand zone or approaching it without breaking it.
- Enter a buy trade at the open of the next candle after both conditions are met.
- Place the stop loss below the nearest demand zone or swing low.
- Set a take profit near the next red supply zone or based on a risk-reward ratio of 1:2 or 1:3.
- Exit the trade early if the MA Crossover Histogram turns red or price approaches a strong resistance zone.
Sell Entry Rules
- Look for a red bar on the MA Crossover Histogram indicating bearish momentum.
- Confirm that the price is below a red supply zone or approaching it without breaking it.
- Enter a sell trade at the open of the next candle after both conditions are met.
- Place the stop loss above the nearest supply zone or swing high.
- Set a take profit near the next green demand zone or based on a risk-reward ratio of 1:2 or 1:3.
- Exit the trade early if the MA Crossover Histogram turns blue or price approaches a strong support zone.
Advantages
- Combines momentum with key supply and demand zones for precise trend entries.
- Helps traders avoid false breakouts and entries at weak price levels.
- Can be applied across all timeframes and currency pairs.
- Works well in trending and strong directional market conditions.
Drawbacks
- Price can occasionally break supply or demand zones, triggering stop losses.
- Requires monitoring of both histogram momentum and zone levels simultaneously.
- Trades may require manual adjustment if market conditions change rapidly.
Case Study 1 – EUR/JPY H1
During the London session, EUR/JPY showed a blue bar on the MA Crossover Histogram while the price approached a green demand zone at 152.30.
A buy trade was entered at 152.35 with a stop loss at 152.20 and a take profit near the next supply zone at 152.80.
The trade followed the trend and reached the target in a few hours, yielding 45 pips.
The combination of momentum and a strong demand zone ensured a high-probability entry.
Case Study 2 – GBP/USD H1
Later in the New York session, GBP/USD showed a red bar on the MA Crossover Histogram while the price neared a red supply zone at 1.2650.
A sell trade was entered at 1.2645 with a stop loss at 1.2660 and a take profit near the next demand zone at 1.2590.
The trade hit the target in 90 minutes for a 55-pip gain.
Using both indicators together prevented entering during minor retracements and confirmed the trend.
Strategy Tips
- Use higher timeframes like H1 or H4 for trend trades to filter noise.
- Focus on currency pairs with strong trending behavior for better performance.
- Consider adjusting take profit levels according to the strength of supply or demand zones.
- Combine with fundamental news awareness to avoid entering trades during volatile announcements.
- Monitor histogram signals closely to exit trades if momentum weakens before reaching target zones.
This trend strategy blends momentum detection with supply and demand analysis to provide reliable entries and exits, helping traders follow strong trends while managing risk effectively.
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Download the “MA_Crossover_Histogram.mq4” indicator for Metatrader 4
