Moving Average [MA] Crossover Arrows Indicator for MT4 and MT5 | 100% FREE TO DOWNLOAD

Moving averages are commonly implemented in technical analysis, a subset of investing that aims to comprehend and profit from the price movement patterns of stocks and indices. Moving averages are commonly used by technical analysts to spot a shift in momentum for an asset, such as a sudden downward move in a security's price. At times, they will employ moving averages to corroborate their concerns that a shift is taking place. For example, a company's share price rising above its 200-day moving average could be interpreted as a bullish indicator.

Moving Average [MA] Crossover Arrows is a simple indicator that draws arrows and alerts when two moving averages crossover.

Supported types of Moving Averages

  • Simple
  • Exponential
  • Smoothed
  • Linear Weighted

Supported Price types

  • Close
  • Open
  • High
  • Low
  • Median Price (HL/2)
  • Typical (HLC/3)
  • Weighted Close (HLCC/4)
When the fast moving average crosses above the slow moving average, a green up arrow will appear on the chart. When the fast moving average crosses below the slow moving average, a red down arrow will appear on the chart.

Indicator options and settings
Settings for fast moving average

  • FastMA = Averaging period of fast moving average.
  • FastMAType = Moving average method for the fast moving average.
  • Fast_Applyto = Price type used for calculating fast moving average.
  • Settings for slow moving average

  • SlowMA = Averaging Period of slow moving average.
  • SlowMAType = Moving average method for slow moving average.
  • Slow_Applyto = Price type used for calculating slow moving average.
  • Alerts and notification options

  • PopupAlert = Enable or disable popup alerts.
  • EmailAlert = Enable or disable email alerts.
  • MobileAlert = Enable or disable push/mobile notifications.



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