Trading Tools for MetaTrader
Trading Tools for MetaTrader



 

 

Twin MA Crossover Alert System for MetaTrader (MT4)


Moving Averages are widely used in trading - they filter out noise from random price movements and can identify high quality market entry and exit points.

Moving averages are a lagging indicator as they are based on historical price action. The most commonly used moving averages are the SMA (Simple moving average) and the EMA (Exponential moving average). The EMA is more biased towards the most recent price data as it is weighted accordingly.

Moving averages are commonly used to determine trend direction and to determine support and resistance levels for an asset.

Shorter moving averages favour short term trading whereas longer moving averages such as the 200 day EMA favour longer term trading. The 200 period moving average is widely followed by market participants with breaks above or below it considered to be notable trading signals.


Moving averages when used together can also provide important trading signals. If two moving averages of different periods are plotted on the same chart trading signals can be generated from moving average crossovers.

Typically traders will use a short term moving average and a longer term moving average. When the short term moving average crosses up over the long term moving average this is considered as a bullish signal to puy the asset under consideration. When the short term moving average crosses down below the long term moving average, this is considered as a bearish signal to sell the underlying asset.

Note: The Triple Moving Average Crossover system (Java/MT4 hybrid product) offers significantly more functionality than a twin MA Crossover system.

10/20 SMA Cross Up Example - EURUSD Daily Chart

10/20 SMA Cross Down Example - EURUSD Daily Chart

Some traders also use multiple or stacked moving average crossover trading systems where the third moving average acts as a trend filter. This approach can help traders to identify significant trends in the market.

5/10/20 SMA Triple Crossover Signal produced using the FX AlgoTrader Twin/Triple MA Crossover System



The FX AlgoTrader Advanced Moving Average Crossover Alert System is a highly configurable MT4 indicator which incorporates a fully automated alert system for monitoring two trader defined moving averages.

Many traders use moving averages as a means of identifying entry and exit points for potential trades. Using the The FX AlgoTrader Advanced Moving Average Alert Crossover indicator allows traders to create an automated alert system configured to their exact trading requirements.



Automatic display of fast and slow moving averages

 

 

Integration with Alerts Pro package - Voice synthesized alerts system - allows complete freedom from the screen (requires Alerts Pro package)

 

Simple, Exponential, Smoothed and Weighted Moving Average options.

5/20 SMA Long and short signals on EURUSD Hourly chart

5/20 EMA Entry signals on EURUSD Hourly Chart - note EMA settings triggered later

 

Configurable calculation price i.e Close, Open, High, Low, Median

 

 


Pop up on-chart alerts (configurable)

 



Pop up alerts example

Option to alert on 'touch' crossovers or physical (printed) crossovers

 



If Alert_On_Printed X (X stands for Crossover) is false - system defaults to 'touch' or temporary crossover alerts



Email alert option


Traders can receive email alert data at the configured email address in the MT4 options section.

 

Precision Alert Controls

 

 

Traders can control:-

The minimum time between alerts in seconds (Minimum_Alert_Interval)

The maximum number of alerts they want to receive (Max_No_Alerts)

When the Alert Counter is reset (Alert_Reset_Time)

If the Alerts Counter is automatically reset when a new bar is formed (Auto_Reset_On_New_Bar)

 

On chart crossover indicator arrows with configurable styles.

 

 

+


5/20 SMA Crossovers on 4 Hourly USDJPY chart

5/20 SMA Crossovers on 4 Hourly USDJPY chart

Pop Up Alert

Pop Up Alert Example
Moving Average Crossovers and Methods

Moving Average Crossovers and Methods
External Input Parameters<

External Input Parameters

 

Introduction to Moving Average Crossover Alert System

Video Overview

 

FX AlgoTrader Data Request

Please enter your email address in the box below and press 'Submit'.

We will then send you an email with access to the specific data you requested.

Email address :


FX AlgoTrader DO NOT pass on email addresses to third parties.

 

Screen time is hugely reduced as the system alerts the trader via email or on screen alert when trader specified crossover conditions are met.

 

 

Using an automated alert system reduces the temptation to rush into a trade due to boredom or 'needing' to be in the market. Just because you don't have a position doesn't mean you're not trading! A systematic approach creates a disciplined approach to trading... this can often make the difference between losing and winning

 

 

Traders can tune the system to match their exact moving average crossover requirements. Therefore the system can be adapted to suit short term scalping or long term position trading requirements.

 

 

 

Supporting Products:

Short term forex traders would benefit from enhanced asset selection when using MA crossovers. Products such as the Orion Index Analyzer, the Range Analyzer or the Generic Index Analyzer all help traders to optimize their forex pair selection and massively reduce the requirements to perform top down analysis on all the major pairs and crosses each day.


d


23

If you're interested in a more powerful triple MA crossover system with a Java interface for ultra fast config....

.... check out FX AlgoTrader's new
Triple MA Crossover System.



$89.95

SPECIAL OFFER

50% Discount!!


$44.95


b

Perpetual License

(One Time Fee with free Technical Support)


Licensing Details

a

No Paypal
account required