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Moving Average Phase Signal Indicator MT4

    The Moving Average Phase Signal indicator for Metatrader 4 is based on a moving averages crossover system + digital filter.

    The digital filter is used to avoid whipsaw trading signals.

    • The indicator generates a buy arrow when the faster MA crosses the slower MA bottom-up + digital filter trades in agreement.
    • The indicator generates a sell arrow when the faster MA crosses the slower MA top-down + digital filter trades in agreement.

    The slower and faster EMA period can be easily adjusted by editing the indicator’s inputs.

    Free Download

    Download the ma2-signal-indicator.mq4 indicator file (MT4)

    Indicator Chart Example

    The picture below shows the Moving Average Phase Signal indicator attached to the Euro / U.S. Dollar M15 chart.

    How to use the Moving Average Phase Signal indicator?

    The indicator can be used in multiple ways, find an example below:

    Buy Signal:

    • A buy signal occurs as soon as the blue colored arrow appears on the chart.
    • Place your stop loss below the most recent swing low.
    • Exit the buy trade for a fixed take profit target or wait for a sell signal.

    Sell Signal:

    • A sell signal occurs as soon as the red colored arrow appears on the chart.
    • Place your stop loss the above most recent swing high.
    • Exit the sell trade for a fixed take profit target or wait for a buy signal.

    How to install this indicator to the Metatrader 4 platform?

    • Download the ma2-signal-indicator.mq4 indicator file here and save it to your computer
    • Open your Metatrader 4 platform
    • Click on “File” (top menu) and then select “Open Data Folder” from the drop down menu
    • Click on “MQL4” and open the “Indicators” folder
    • Paste the indicator file in this folder
    • Restart Metatrader 4 and you’re ready to start using the indicator

    How to edit the indicator?

    • Attach the indicator to any trading chart of your preference
    • Right click in the chart and select “Indicators List” from the drop down menu
    • Select the indicator from the list and click on “Edit”
    • Now you can start editing the indicator (Inputs, Colors and Visualization)
    • Final step, click on the “OK” button to save the new configuration