3 Moving Average Cross with Alert Indicator MT4 Download - Free - [TFlab]

The 3 Moving Average Crossover Indicator (3 MA Cross with Alert) is a tool for MetaTrader 4 that combines three moving average lines with periods of 10, 20, and 40.

These moving average lines are categorized into fast, medium, and slow moving averages based on their respective periods.

The Volatility Indicator uses arrow markers and color signals to indicate crossover points between the "MA" lines.

Specifications Table of the "3 MA Cross with Alert" Indicator

The table below outlines various parameters of the indicator:

Bullish Trend Conditions

Based on the 4-hour chart analysis of the Chainlink cryptocurrency, the fast, medium, and slow moving averages have intersected. The price trend has also crossed upward through the "MA" intersections.

In such conditions, the market can be considered bullish. The markers near the price point to the breakouts and intersections of the "MA" lines.

Bearish Trend Conditions

In a bearish trend, the fast, medium, and slow moving averages converge simultaneously, and the price crosses downward. Candle fluctuations below the moving average lines indicate a bearish trend.

The USD/CAD chart in the 1-hour timeframe is an example of entry signals during a bearish trend.

Indicator Settings

The settings and elements of the "3 Moving Average Crossover Indicator with Alert" are outlined below:

• Chart Theme: Indicator theme;
• Time Frame: Timeframe.

Fast MA Settings

• Fast MA Period: Fast moving average period;
• Fast MA Shift: Fast moving average shift;
• Fast MA Method: Fast moving average method;
• Fast MA Applied Price: Fast moving average calculation method.

Medium MA Settings:

• Medium MA Period: Medium moving average period;
• Medium MA Shift: Medium moving average shift;
• Medium MA Method: Medium moving average method;
• Medium MA Applied Price: Medium moving average calculation method.

Slow MA Settings:

• Slow MA Period: Slow moving average period;
• Slow MA Shift: Slow moving average shift;
• Slow MA Method: Slow moving average method;
• Slow MA Applied Price: Slow moving average calculation method.

Alerts:

• Alerts On: General alerts;
• Alert Message: Alert with message;
• Alert Sound: Alert with sound;
• Alert Email: Alert via email;
• Alerts On Current: Real-time alerts;
• Alerts on FM: Alerts for fast and medium moving average intersections;
• Alerts on FS: Alerts for fast and slow moving average intersections;
• Alerts on MS: Alerts for medium and slow moving average intersections.

Display Arrow Settings:

• Display Arrow FS: Show intersection point of fast and slow moving averages;
• Display Arrow FM: Show intersection point of fast and medium moving averages;
• Display Arrow MS: Show intersection point of medium and slow moving averages;
• Arrow Up Code MS: Upward arrow for medium and slow line break;
• Arrow Down Code MS: Downward arrow for medium and slow line break;
• Arrow Up Code FS: Upward arrow for fast and slow line break;
• Arrow Down Code FS: Downward arrow for fast and slow line break;
• Arrow Up Code FM: Upward arrow for fast and medium line break;
• Arrow Down Code FM: Downward arrow for fast and medium line break;
• Arrows on First Bar: Arrow on the first candle;
• Arrow Gap FS: Distance of the arrow for fast and slow line breaks from the price;
• Arrow Gap FM: Distance of the arrow for fast and medium line breaks from the price;
• Arrow Gap MS: Distance of the arrow for medium and slow line break from the price.

Conclusion

The 3 Moving Average Crossover Indicator with Alert for MetaTrader 4 provides trade entry signals using three moving average lines.

This indicator highlights directional changes in market trends based on different calculation periods and varied markers.

This tool, being one of the signal and forecasting indicators, provides entry or exit trade signals using markers when the "MA" lines intersect.