About the Simple EMA Crossover Signal Indicator
The Simple EMA Crossover Signal Indicator for MT4 is a trend-based trading tool that generates buy and sell signals using two exponential moving averages with different period settings.
It focuses on identifying momentum shifts when a faster EMA crosses a slower EMA.
This Indicator is designed to keep analysis straightforward by converting EMA crossovers into clear arrow signals on the chart.
A green arrow marks a bullish crossover, while a red arrow highlights a bearish crossover.
It can be adapted for scalping, day trading, or longer-term trading by adjusting the EMA periods.
Shorter EMA settings increase signal frequency, while wider settings help define broader market trends.
Free Download
Download the “ema-crossover-signal.mq4” MT4 indicator
Key Features
- Generates buy and sell signals using EMA crossovers.
- Plots visual arrows directly on the price chart.
- Supports scalping and trend-following strategies.
- Fully adjustable fast and slow EMA periods.
- Works across all major trading sessions.
Indicator Chart
The chart example shows the Simple EMA Crossover Signal Indicator applied to a live price chart.
Green arrows appear when the fast EMA crosses above the slow EMA, while red arrows appear when the fast EMA crosses below the slow EMA.
Guide to Trade with Simple EMA Crossover Signal Indicator
Buy Rules
- Wait for a green arrow to appear on the chart.
- Confirm price is gaining bullish momentum.
- Enter a buy trade after the signal candle closes.
- Focus on upward price movement after the crossover.
Sell Rules
- Wait for a red arrow to appear on the chart.
- Confirm price is gaining bearish momentum.
- Enter a sell trade after the signal candle closes.
- Focus on downward price movement after the crossover.
Stop Loss
- Place the stop loss beyond the most recent swing point.
- Avoid tightening the stop immediately after entry.
- Exit the trade if price quickly reverses direction.
Take Profit
- Close the trade when an opposite arrow appears.
- Secure profits after a strong directional move.
- Hold the position while EMAs remain crossed.
Simple EMA Crossover + SuperTrend NRP Forex Strategy
This trading method aims to capture moves when momentum aligns with the main trend.
The Simple EMA Crossover Signal Indicator generates green arrows for potential buy entries and red arrows for potential sell entries.
The SuperTrend NRP Indicator acts as a trend filter: when its line is green, the overall bias is bullish, and when the line is orange, the bias is bearish.
This setup is well-suited for M15, M30, and H1 time frames.
It appeals to traders who prefer clear visual signals combined with trend confirmation.
The SuperTrend filter helps avoid choppy counter‑trend entries, while the EMA crossover arrow provides a precise entry trigger.
Together, they give structure and clarity to entries and exits.
Buy Entry Rules
- SuperTrend NRP line must be green (bullish trend).
- Simple EMA Crossover must show a green arrow.
- Enter a buy trade at the open of the next candle after the arrow appears.
- Stop loss goes below the most recent swing low or a recent minor support level.
- Close the trade when the SuperTrend line turns orange or when the price reaches the next resistance area.
Sell Entry Rules
- SuperTrend NRP line must be orange (bearish trend).
- Simple EMA Crossover must show a red arrow.
- Enter a sell trade at the open of the next candle after the arrow appears.
- Stop loss goes above the most recent swing high or a recent minor resistance level.
- Close the trade when the SuperTrend line turns green or when the price reaches the next support area.
Advantages
- Trend filter from SuperTrend keeps entries aligned with market direction.
- Crossover arrows provide clear and easy‑to‑follow entry signals.
- Chart stays simple and uncluttered, making it easier to scan setups.
- Applicable to many forex pairs and suitable for intraday trades.
- Good for traders seeking quick entries without waiting through long signals.
- Structured rules help avoid emotional decision‑making.
Drawbacks
- A valid trend move can occur without a crossover arrow, so some profitable moves may be missed.
- Stop losses may become wide on volatile pairs or around news times.
- Requires discipline to only take setups that meet both conditions (trend + arrow).
Case Study 1
On USDJPY H1, the SuperTrend line turned green, indicating a bullish trend.
A green arrow appeared from the Simple EMA Crossover Signal at 154.72.
A buy trade was opened on the next candle at 154.74 with the stop loss placed at 154.42 below the recent swing low.
Price climbed steadily and reached the next resistance area at 155.23.
The trade closed for a profit of 49 pips.
The alignment of trend direction and crossover arrow provided a clear and reliable entry.
Case Study 2
On AUDUSD M15, the SuperTrend line changed to orange, signaling a bearish trend.
A red arrow formed from the Simple EMA Crossover Signal at 0.6678.
A sell trade was executed on the next candle at 0.6676 with the stop loss set at 0.6700 above the recent swing high.
Price dropped swiftly to 0.6635, hitting the support zone where the trade was closed.
The move yielded 41 pips. The combination of trend filter and crossover signal ensured a precise and profitable scalp.
Strategy Tips
- Prefer major pairs with tight spreads for better execution.
- Check higher time frames (H4 or H1) first to understand the broader trend before scalp trading.
- Wait for the candle to close before entering to avoid fake signals.
- Base stop loss and target levels on recent swing highs/lows or support/resistance zones rather than fixed pip amounts.
- Keep a trade log to review which currency pairs and time frames perform best over time.
Download Now
Download the “ema-crossover-signal.mq4” Metatrader 4 indicator
FAQ
Is this Indicator better suited for fast or slow markets?
It adapts to both. Faster EMA settings react quickly in active markets, while wider settings smooth price action during slower conditions.
Can multiple signals appear close together?
Yes. When price fluctuates around the EMA levels, several crossovers may occur in a short period of time.
Does this Indicator show trend direction?
Trend direction is reflected by the position of the fast EMA relative to the slow EMA.
Can the arrows be disabled?
Arrow visibility can be adjusted through the Indicator’s input settings.
Summary
The Simple EMA Crossover Signal Indicator provides a clean and efficient way to track EMA crossover activity without manual analysis.
Its arrow-based signals make momentum shifts easy to spot.
By adjusting EMA periods, traders can fine-tune the Indicator for different timeframes and market conditions, making it a flexible addition to trend-based trading setups.
