The simplest semaphore signal indicator based on different period Moving Averages. This indicator is better to use only on the trend market, as its use on the flat market will be unprofitable due to numerous false triggers.
This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 09.10.2007.
MT5 Indicator – Download Instructions
EMA-Crossover Signal is a Metatrader 5 (MT5) indicator and the essence of the forex indicator is to transform the accumulated history data.
EMA-Crossover Signal provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install EMA-Crossover Signal.mq5?
- Download EMA-Crossover Signal.mq5
- Copy EMA-Crossover Signal.mq5 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader 5 Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
- Right click on EMA-Crossover Signal.mq5
- Attach to a chart
- Modify settings or press ok
- Indicator EMA-Crossover Signal.mq5 is available on your Chart
How to remove EMA-Crossover Signal.mq5 from your Metatrader 5 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
Click here below to download MT5 Indicator: