Summary of 📍3 Moving Average Cross with Alert Indicator MT4/5 Download - Free - [TFlab]
Key Technological Concepts and Product Features:
- Indicator Overview:
The indicator displays three moving averages on the chart to help identify bullish and bearish market trends. It visually signals when any of the moving averages cross, aiding traders in decision-making. - Installation and Setup:
Users select the indicator from the Navigator section and must enable "Allow DLL Imports" in the settings to run it correctly on their charts. - Display and Theme Options:
Three template modes are available:- Light mode
- Dark mode
- Custom mode (retains user’s personalized chart template)
- Time Frame Settings:
Users can choose the time frame for Moving Average calculations, either default (current chart time frame) or a specific time frame from 1 minute to monthly, allowing flexibility to fit different trading strategies. - Moving Average Configuration:
Each of the three moving averages (fast, medium, slow) can be customized with four key parameters:- Period (length of the Moving Average)
- Shift (moves the Moving Average left or right on the chart)
- Method (Simple, Exponential, Smoothed, Linear Weighted; default is Exponential)
- Price type used for calculation (Close, Open, High, Low, etc.)
- Display Controls:
Users can enable or disable the visibility of each Moving Average and the crossover signals independently. - Alert Features:
Alerts are disabled by default but can be enabled with multiple options:- Alert delivery via message, sound, or email (email requires prior configuration in MT4/5 settings)
- Alerts can be sent on candle close or while the candle is still forming
- Alerts can be configured for crossovers between any two of the three moving averages (fast-medium, fast-slow, medium-slow)
- Users can choose which crossover signals to display or hide
- Signal Customization:
Signal indicators for the crossovers are based on MQL code and can be modified to change the appearance or behavior of the signals.
Alerts/signals can be set to appear on the current candle or the next candle after the crossover.
The distance between the signal markers and the candles can also be adjusted.
Summary of Tutorial:
- The tutorial walks through downloading, installing, and configuring the indicator.
- It explains each setting in detail, showing how to customize themes, time frames, Moving Average parameters, and alert options.
- Demonstrates changing the template to dark mode and confirms the cross signals on the chart.
- Encourages viewers to share feedback and suggestions in the comments.
Main Speaker/Source:
- The tutorial is presented by a representative or content creator from TFlab, the provider of the indicator, as featured on the Trading Finder website.
The video provides a detailed tutorial and guide on the 3 Moving Average Cross with Alert Indicator available for MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, downloadable for free from the Trading Finder website.
Notable Quotes
— 00:00 — « No notable quotes »
Category
Technology