Free Forex Indicators (MT4), Trend Following Indicators

SMA Crossover Buy/Sell Indicator

SMA Crossover Buy/Sell Indicator is simply the best Forex trading indicator that plots the crossover signals to detect the trend and to identify the right area for the market entry. Because of its simplicity of chart display, any level of Forex trader will be able to read and understand its signals.

SMA Crossover Buy/Sell Indicator allows you to apply it on any Forex currency pair window and it also suits with all kind of timeframe charts. Thus, from scalpers to long-term traders, anybody can be benefited from this reliable Forex trading indicator.

SMA Crossover Buy/Sell Indicator Overview

After the installation of SMA Crossover Buy/Sell Indicator at your mt4 platform, when you load it, your trading chart should be appeared as the following image:

SMA Crossover BuySell Indicator
SMA Crossover BuySell Indicator

SMA Crossover Buy/Sell Indicator has been designed with a fast 9-day period and a slow 18-day period Simple Moving Averages (SMA). If the 9 SMA crosses the 18 SMA from down to above then it is called the bullish crossover which confirms the current bullish trend and signals for buy entry with its upward arrows. On a contrary, 9 SMA crosses the 18 SMA from above to downwards is interpreted as the bearish crossover. A downward arrow is plotted in such case to signal the sell entry with the validity of a bearish trend ahead.

Recommended Similar Forex Indicator: MACD Cross Indicator

SMA Crossover Buy/Sell Indicator: Buy Parameters

SMA Crossover BuySell Indicator Buy Parameters
SMA Crossover BuySell Indicator Buy Parameters
  • The signaling bar closes as a bullish candle
  • SMA Crossover Buy/Sell Indicator plots an upward arrow
  • Trigger the buy entry at the break of signaling bar’s high
  • Set stop loss below the signaling arrow level
  • Exit long whenever SMA Crossover Buy/Sell Indicator plots an downward arrow

SMA Crossover Buy/Sell Indicator: Sell Parameters

SMA Crossover BuySell Indicator Sell Parameters
SMA Crossover BuySell Indicator Sell Parameters
  • The signaling bar closes as a bearish candle
  • SMA Crossover Buy/Sell Indicator plots a downward arrow
  • Trigger the sell entry at the break of signaling bar’s low
  • Set stop loss above the signaling arrow level
  • Exit short whenever SMA Crossover Buy/Sell Indicator plots an upward arrow
Free Download SMA Crossover Buy/Sell Indicator
Free Download SMA Crossover Buy/Sell Indicator
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I have been actively trading the financial markets since April 2012. Besides trading with my personal money I am a technical analyst in a mutual fund that has Rs. 1 billion in assets under management. At my leisure, I love attending live music, traveling, and partying with friends.

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About Trend Following System

Trend Following System's goal is to share as many Forex trading systems, strategies as possible to the retail traders so that you can make real money.

Risk Warning: Trading in the forex market is very risky. Thus, it is may not be for everyone. A highly leveraged position can work against the trader when the trade does not work as expected. Trading in the forex market can cause to lose a significant portion of the capital or all of the capital. It is crucial to learn about the trading and gain enough experience in the demo account before trading with real money. The trading strategies published on this website do not guarantee profit as the market is dynamic and unpredictable. The past performance of a strategy is not the indicative of future performance. Trend Following System will not accept any kind of liability or damage caused by trading the strategies published on this website.
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