Cross Indicator for MetaTrader 5 Download - [TradingFinder]

The Cross Indicator is a practical technical analysis tool that operates based on the crossover of two moving averages.

This MetaTrader 5 trading tool detects the exact moment of moving average crossovers and displays entry/exit signals as colored dots on the chart (without showing the moving average lines).

Cross Indicator Table

The general features of the Cross Indicator are summarized in the table below:

Indicator at a Glance

The Cross Indicator uses two moving averages (short-term and long-term) to analyze price movements across different timeframes.

This price action tool displays a colored dot at the crossover point, serving as an entry/exit signal:

• Green Dot: Bullish crossover (buy signal);
• Red Dot: Bearish crossover (sell signal).

Uptrend Conditions

The image below shows the XAU/USD (Gold) chart in a 1-hour timeframe.

When the short-term moving average crosses above the long-term moving average, a green dot appears, indicating buyer pressure and the start of an uptrend.

Downtrend Conditions

The following chart displays the BTC/USD (Bitcoin) pair in a 15-minute timeframe.

When the short-term moving average crosses below the long-term moving average, a red dot appears, signaling a sell entry.

Cross Indicator Settings

The settings panel of the Cross Indicator includes:

• Fast MA Period: Short-term moving average period;
• Slow MA Period: Long-term moving average period.

Conclusion

The Cross Indicator is a price-action-based analytical tool that identifies entry and exit points using moving average crossovers.

Instead of displaying moving average lines, it uses colored dots above and below candlesticks to generate signals.