3 MA Cross Alert Indicator

3 MA Cross Alert Indicator

Forex BUY, SELL signals from the best 3-MA crossover with the Alert MTF indicator. Find a bullish and bearish crossover. Accurate trend indicator.

The 3 MA Cross Alert Indicator For MT5 is a multi time frame indicator that works like a normal moving average. The indicator draws three exponential moving averages on the chart over several timeframes. These are fast, medium and slow EMAs.

Whenever two moving averages cross each other, the indicator gives a buy or sell signal. When crossovers occur, the indicator shows arrows along with diamonds. If this is a bullish crossover, then the indicator draws a blue arrow and a diamond.

Conversely, if it is a bearish crossover, the indicator draws a red arrow and a diamond.

Signals of the 3 MA Cross Alert indicator for BUY/SELL

The EURUSD H1 chart above shows the BUY and SELL signals for the indicator. When the slower EMA passes above the faster EMA, the indicator draws a blue arrow along with a diamond. This means that forex traders can open a long trade.

On the other hand, when the slower EMA falls below the faster one, it is a SELL signal. Conservative traders can enter after the appearance of red and blue diamonds. For a more aggressive approach, traders can enter after the diamond appears.

Conclusion
The 3-MA Cross with Alerts MTF indicator plots three multi-timeframe EMAs to represent bullish and bearish crossovers. In addition, the indicator is free to download, so anyone can apply it to their forex strategies.