The SMA Crossover Justin Alert MTF Forex Indicator for MT4 displays buy and sell signals based on the crossover of two Simple Moving Averages. In this article, we’ll take a closer look at the indicator and provide some practical trading examples.
MT4 Indicator Overview
The SMA Crossover Justin Alert MTF MT4 Indicator is a free download that will allow you to analyze market trends using the crossover between two simple moving averages. The two lines are not plotted directly on the chart; instead, signals are provided using up/down arrows on the main chart window.
Settings
The SMA Crossover Justin Alert MTF Indicator has several variables you can customize to fit your preferences or trading strategy, including the values of the two moving averages used for the crossover.
How to Install the SMA Crossover Justin Alert MTF Forex Indicator for MT4
Download the SMA Crossover Justin Alert MTF archive, unpack it, and copy and paste the sma-crossover-justin-alert-mtf.ex4 or sma-crossover-justin-alert-mtf.mq4 indicator files into the MQL4 folder of your MetaTrader 4 trading platform. To access this folder, go to File > Open Data Folder > MQL4 > Indicators and paste the files. Then, go to the left side of your MT4 terminal, find the indicator in the Navigator, right-click it, and select Attach to Chart.
Conclusion
The SMA Crossover Justin Alert MTF Indicator is a useful tool for analyzing market trends and providing buy and sell signals. Although its performance will vary depending on market conditions, playing with the settings can help increase its success rate. Try it out for yourself to form your own opinion.
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