Forex indicator Double EMA crossover is based on the principle of crossing of two moving averages. The indicator parameters can be configured for any pair and timeframe.
The indicator Double EMA crossover is another implementation of the classic principle of entering the market at the intersection of two moving averages.
The Double EMA crossover indicator has advanced settings. In the parameters, you can not only change the periods of each moving average, but also set its type. A signal to enter the market appears only after the signal candlestick has formed.
In addition to the arrow indicating the entry point, the Double EMA crossover issues a text alert and can send an e-mail message.
The idea of using moving average crossovers is nothing new, however, the advanced parameters of the Double EMA crossover indicator allow you to configure it for any currency pair and any timeframe.
Features of Double EMA Crossover MT4 indicator
- Platform: Metatrader 4
- Ability to change settings: Yes
- Timeframe: any from 1 Minute to Daily
- Currency pairs: any
In Double-EMA-crossover.zip file you will find:
- Double EMA crossover.ex4
Download Double EMA Crossover MT4 indicator for free: