How do I install this Indicator on MetaTrader 4?

Download the file, open MetaTrader 4 -> File -> Open Data Folder, copy the file to the correct folder (Experts / Indicators / Scripts / Libraries), then restart the terminal.

How do I activate / load this Indicator?

Drag the Indicator from the Navigator onto your chart and adjust the input parameters as needed.

Is this compatible with MetaTrader 4?

Yes, this Indicator is built specifically for MetaTrader 4.

Is this Indicator safe to use with real money?

All tools are provided for educational and testing purposes. We strongly recommend testing on a demo account first. Trading involves significant risk of loss.

Can I use this Indicator on multiple charts?

Yes, you can apply multiple indicators on the same chart.

Can I customize the settings of this Indicator?

Yes. Right-click on the chart and select properties to open and adjust parameters.

Free MA Crosses Indicator Indicator for MetaTrader 4

MetaTrader 4 indicator

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MA Crosses Indicator

Info

The MA Crosses Indicator is a Indicator for MetaTrader 4 that ma crosses indicator calculates the percentage of moving averages (mas) that are above slower mas. The indicator rises when an MA crosses above another and falls when an MA crosses below another.

Usage

This tool is typically used for enhancing chart analysis and decision making.

Platform

This Indicator works exclusively on MetaTrader 4 (both build 600+ and newer versions).

Setup

Place the downloaded file in MQL4/Indicators folder via File ? Open Data Folder in MetaTrader 4.

How to Install and Use MA Crosses Indicator

1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.

2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.

3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.

4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.

Frequently Asked Questions

Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."

Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).

Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.

What this tool does

MA Crosses Indicator calculates the percentage of moving averages (MAs) that are above slower MAs.

Typical Use Case

This Indicator excels in automated trading and technical analysis on MetaTrader 4.

Compatible Platform & Setup

This Indicator works on MetaTrader 4. Place the file in the MQL4/Indicators folder and restart the terminal.

Description & Settings

Related: External Range Liquidity (ERL) Indicator: Advanced Market Structure and Liquidity Analysis - another powerful indicator for MetaTrader 4 traders.

MA Crosses Indicator calculates the percentage of moving averages (MAs) that are above slower MAs. The indicator rises when an MA crosses above another and falls when an MA crosses below another. When the indicator reaches 100%, all MAs are above MAs with higher periods. When it falls to 0%, all MAs are below MAs with higher periods. Users can set the maximum MA period and the step between MAs. The indicator can be used as a trend indicator with high values or as an oscillator with low values.

Also recommended: B Bands Psar Indicator - similar indicator with strong performance on MetaTrader 4.

Parameters

Max MA: The maximum moving average period to consider.

MA Step: The step or interval between consecutive MAs. An optimal value is typically Max MA divided by 10.

MA on MA Crosses: A moving average calculated on the main indicator line.

MA Method: Specifies the type of moving average calculation (e.g., Simple, Exponential).

Applied to Price: Determines which price point the MAs are applied to (e.g., Close, Open).

Alert: If true, alerts will be triggered at every cross of the alert lines.

Alert Line: Specifies whether the alert is based on the main indicator line crosses or the MA on MA Crosses line.

Alert Up Level: The level at which an upward alert should be triggered.

Alert Down Level: The level at which a downward alert should be triggered.

You may also like: Fast Stochastic Indicator - excellent alternative for indicator users on MetaTrader 4.

Source Code

#property copyright "robotfx"
#property link "https://robotfx.org"
#property version   "1.1"
#property strict
#property indicator_separate_window
#property indicator_buffers 2               
#property indicator_minimum 0
#property indicator_maximum 100
#property indicator_color1 clrred
#property indicator_color2 clryellow

.......

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⚠ Limitations & Risk Warning

This tool is provided for educational and testing purposes only.
Past performance does not guarantee future results.
Trading involves substantial risk of loss. Use on a demo account first.
Results may vary depending on market conditions, broker, and settings.
We recommend thorough backtesting and forward testing before using with real funds.