3 Moving Average Cross with Alert Indicator MT5 Download - Free - [TFlab]

The 3 MA Cross Indicator with Alert identifies trends by combining three moving average lines fast, medium, and slow calculated with periods of 10, 20, and 40, respectively.

It is one of the MT5 indicators used for generating trade signals and identifying trend reversal points.

The main difference between the "3 MA Cross" indicator and other moving averages lies in its use of three "MA" lines and marker symbols for line crossovers.

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

The table below includes specifications such as category, timeframes, and more; specifications for the 3 Moving Average Crossover Indicator with Alert:

Overview of the Indicator

This trading tool generates trading signals when lines intersect and when the price crosses these lines in a specific direction (bullish or bearish). One key feature of the "3 MA Cross with Alert" indicator is marking intersections of lines.

Buy Signal in a Bullish Trend

Analyzing the Silver vs. US Dollar (XAG/USD) chart in the 1-hour timeframe demonstrates how signals are generated in a bullish trend. The figure shows that all three moving averages intersect at one point.

In the meantime, the price crosses above them and closes a bullish candlestick above the lines. Under such conditions, the market trend can be considered bullish.

Bearish Trend Conditions

The 30-minute Ethereum (ETH) cryptocurrency chart examines the elements indicating a bearish trend in this indicator.

As analyzed below, all three moving averages converge and intersect simultaneously. After the "MA" lines intersect, the price crosses below them.

Indicator Settings

The settings panel of the "3 Moving Average Crossover Indicator with Alert" is extensively customizable:

• 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 MA Cross with Alert indicator is a MT5 trading assist for analyzing market direction and generating trade signals in MetaTrader 5.

This indicator simultaneously utilizes three moving average lines with calculation periods of 10, 20, and 40. By analyzing the crossovers of these lines, it provides signals for entering buy and sell trades. This trading tool can be used along with other analytical methods, including fundamental analysis, to improve investment decision making