About the Urdala Easy Signals Indicator
The Urdala Easy Signals indicator for MT4 is a straightforward moving average crossover system.
It plots a fast and a slow moving average directly on the price chart.
When the fast MA crosses above the slow MA, it signals a bullish trend, while a cross below signals a bearish trend.
All MA periods, including the MinPeriod and MaxPeriod, can be adjusted in the inputs tab for customized trading styles.
This indicator is ideal for traders who prefer simple, rules-based strategies.
You can combine it with other indicators or price action for additional confirmation.
The default settings are MinPeriod 5 and MaxPeriod 300, but they can be tweaked to match your trading preferences.
Free Download
Download the “urdala-signals.mq4” MT4 indicator
Key Features
- Simple moving average crossover signals for buy and sell trades.
- Customizable MinPeriod and MaxPeriod settings.
- Can be combined with other indicators or strategies for added confirmation.
Indicator Chart
The Urdala Easy Signals indicator plots two moving averages on the main chart.
A cross of the fast MA above the slow MA triggers a buy signal, while a cross below triggers a sell signal.
It helps traders visually confirm momentum direction and potential trade setups.
Guide to Trade with Urdala Easy Signals Indicator
Buy Rules
- Open a buy trade when the fast MA crosses above the slow MA.
- Confirm the upward momentum with higher highs on recent candles.
- Enter the trade after a small pullback near the crossover for better timing.
- Use shorter timeframes for quick entries or longer timeframes for trend trades.
Sell Rules
- Open a sell trade when the fast MA crosses below the slow MA.
- Confirm the downward momentum with lower lows on recent candles.
- Wait for a small rally near the crossover before entering for accuracy.
- Use shorter timeframes for scalping or longer timeframes for swing trades.
Stop Loss
- For buy trades, place a stop loss below the low of the last candle before the crossover.
- For sell trades, place a stop loss above the high of the last candle before the crossover.
- Move the stop loss to breakeven once the trade moves in your favor.
Take Profit
- Close buy trades when the fast MA starts flattening or crossing back down.
- Close sell trades when the fast MA starts flattening or crossing back up.
- Consider partial profits at intermediate support or resistance levels.
- Allow strong trends to run if confirmed by continued MA separation.
Urdala Easy Signals and Gann Trend Oscillator Forex Strategy for MT4
This MT4 day trading strategy combines crossover signals from the Urdala Easy Signals MT4 Forex Indicator with momentum confirmation from the Gann Trend Oscillator MTF MT4 Forex Indicator.
Designed for M5 charts and higher, this strategy helps traders identify strong intraday trends while filtering out weaker signals.
By combining moving average crossovers with momentum confirmation, traders can enter trades with higher probability and capture short-term market moves.
The Urdala Easy Signals indicator generates buy signals when the fast moving average crosses above the slow moving average and sell signals when it crosses below.
The Gann Trend Oscillator adds confirmation, with blue bars showing bullish momentum and violet bars showing bearish momentum.
Trades are taken only when both indicators are aligned, providing clear direction for day trading setups.
Buy Entry Rules
- The fast moving average on the Urdala Easy Signals indicator crosses above the slow moving average.
- The Gann Trend Oscillator displays blue bars, indicating bullish momentum.
- Enter a buy trade at the close of the candle where both conditions occur.
- Place the stop loss below the most recent swing low or a minor support level.
- Keep the trade open while the fast MA remains above the slow MA and the oscillator continues showing blue bars.
- Close the trade immediately if the fast MA crosses below the slow MA or the oscillator turns violet.
Sell Entry Rules
- The fast moving average on the Urdala Easy Signals indicator crosses below the slow moving average.
- The Gann Trend Oscillator displays violet bars, indicating bearish momentum.
- Enter a sell trade at the close of the candle where both conditions occur.
- Place the stop loss above the most recent swing high or a minor resistance level.
- Keep the trade open while the fast MA remains below the slow MA and the oscillator continues showing violet bars.
- Close the trade immediately if the fast MA crosses above the slow MA or the oscillator turns blue.
Advantages
- Combines moving average crossovers and momentum for higher probability trades.
- Signals are intuitive and easy to read, helping traders make faster decisions during intraday sessions.
- Reduces false entries by requiring alignment of trend direction and momentum.
- Works across a variety of currency pairs and gold, providing regular chances to trade throughout the day.
- Works effectively on M5 charts and higher, providing flexibility for different day trading strategies.
Drawbacks
- Less reliable in choppy or sideways markets where crossovers and momentum signals may produce false entries.
- Needs close observation of both indicators to ensure they align before taking any trades.
- Sudden news events can trigger rapid price moves, potentially hitting stop losses.
- Fast price movements may cause delayed entry signals, missing the initial move.
- Entering trades too quickly without proper confirmation can reduce overall profitability and increase losses.
Case Study 1
During the London session on EURUSD M5, the fast MA moved above the slow MA while the Gann Trend Oscillator turned blue, signaling bullish momentum.
A buy position was opened and closed after capturing 15 pips when the oscillator shifted to violet, successfully riding the short-term upward move.
Case Study 2
On GBPUSD M15 during the New York session, the fast MA crossed below the slow MA and the Gann Trend Oscillator displayed violet bars, indicating bearish momentum.
The sell trade was executed and concluded for a profit of 27 pips when the MA crossover reversed, effectively following the intraday downtrend.
Strategy Tips
- Only enter trades when both the Urdala Easy Signals crossover and Gann Trend Oscillator confirm the same direction to increase accuracy.
- Use M5 charts for quick intraday setups, M15 for moderate trades, and higher timeframes for more stable, trend-following positions.
- Close positions promptly if either the moving average crossover or oscillator indicates a reversal.
- Avoid trading during periods of low liquidity or around major news releases to reduce the chance of false signals.
- Consider scaling out of trades by taking partial profits during strong moves while leaving the remainder to follow the trend.
- Prioritize trend-following setups and avoid overtrading to maintain consistent profitability.
Download Now
Download the “urdala-signals.mq4” Metatrader 4 indicator
FAQ
Can I adjust the moving average periods?
Yes, the MinPeriod and MaxPeriod settings can be customized from the indicator’s inputs tab to match your trading style.
Which timeframe works best with this indicator?
It works on any timeframe, but short-term traders may prefer M5 or M15, while swing traders may use H1 or H4 charts.
Can this indicator be combined with other tools?
Yes, it can be combined with trend-following indicators or price action analysis to enhance trade accuracy.
Summary
The Urdala Easy Signals indicator uses moving average crossovers to highlight potential market entries with minimal confusion.
It helps traders identify trend direction and possible reversals quickly, making it useful for both short-term and medium-term trades.
The indicator is straightforward to interpret, reducing the learning curve for beginners while still offering value to advanced traders.
Combined with other indicators or chart analysis, it can enhance trade timing and overall strategy effectiveness.
Overall, it is a practical tool for disciplined trend-following and spotting crossovers that lead to actionable trade setups.
