Crossover Arrows & Alert

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MACD Crossover Arrows & Alert Indicator

For today MACD Crossover Arrows & Alert is a MT4 (MetaTrader 4) indicator and it can be used with any forex trading systems / strategies for additional confirmation of trading entries or exits on the stocks and currencies market.

CATEGORIES: MT4, SIGNAL, OSCILLATOR
Updated on: 26.10.2023

Moving Average Convergence and Divergence indicator crossover is a very successful forex trading strategy. As a result, many forex traders include this mt4 indicator as an essential part of their technical trading strategy. Traders interpreted the Bullish and Bearish crossover signals by the crossover of Histogram in the traditional MACD indicator. However, this MACD Crossover Arrows & Alert MT4 indicator provides alerts on Bullish and Bearish crossover and is a boon for MACD forex traders.

How to trade the Moving Average Convergence and Divergence Crossover Arrows & Alert indicator successfully?

The above USDCAD H4 chart shows the Buy and Sell signals provided by the indicator from 18th December to 25th January. MACD Crossover Arrows & Alert indicator displays the BUY signals as BLUE arrows and the SELL arrow signals in RED color.

This mt4 indicator provides a BUY signal if the MACD signal line crosses over the MACD histogram upwards. It also displays a Sell signal if the MACD signal line crosses over the MACD histogram downwards.

The first sell signal appeared on 23rd December 2020 as a bearish crossover appeared in the MACD. The MACD signal line crossed the Histogram from up to down. The subsequent BUY and SELL signals are also displayed depending on a Bullish or Bearish crossover.