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.
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Download the “MA_Crossover_Histogram.mq4” indicator for Metatrader 4