EMA Cross Indicator

EMA Cross Indicator

EMA cross indicator for mt4 – download free. Best trend reversal indicator for mt4. Accurate trend following indicator.

The EMA Cross indicator for MetaTrader is a moving average-based indicator that signals a potential price reversal in the price when two EMAs cross. The moving averages are not visible on the chart; the indicator displays a blue/red signal arrow when the EMA crosses above/below.

The BLUE arrow depicts a potential bullish move (a BUY signal), while the RED arrow also depicts a bearish move (SELL signal).

Moreover, novice, intermediate, and experienced forex traders would also find this technical indicator useful in identifying both short and long-term trade setups. Besides it also works well for detecting scalping, day/intraday, and swing trading signals.

How to Trade With The EMA Cross Indicator

The above screenshot depicts how the indicator would look on your MT4 chart. It also shows how to identify a high-probability trade setup.

Note that the EMA Cross indicator is not recommended to be used as a stand-alone trading indicator for BUY/SELL entries. It should be used along with price action/other technical indicators for better efficiency.

BUY and SELL Signals: Firstly, wait for the market to start printing higher highs and higher lows which depicts a bullish trend. You may then open a BUY/LONG position after the indicator also paints a BLUE signal arrow which suggests an optimal zone for a BUY entry.

The above principle for a BUY signal and entry is also applicable for SELL setup/entry. Furthermore, you may use price action (e.g. bullish/bearish engulfing, pin bar, etc.) as a confluence before opening an entry to increase your winning rate.

Conclusion
The EMA Cross indicator for MT4 is ideal for identifying trading opportunities in a trending market. What’s more, it is free to download.