SMA ReEntry MT4
- Indicators
-
Mattia Impicciatore
Hello,
I’m Mattia — a fintech developer, trader, and expert in MQL5, Python, and web technologies. - Version: 1.10
- Updated: 17 August 2025
Description
SMA Reentry is an indicator for MetaTrader 4 designed to identify reentry points within the main trend. It uses two Simple Moving Averages: a fast one to capture short-term movements and a slow one to filter the overall market direction.
A buy signal occurs when the fast SMA is above the slow SMA and the price moves back above the fast SMA after being below it on the previous candle. A sell signal occurs when the fast SMA is below the slow SMA and the price moves back below it after being above it on the previous candle.
How it Works
Arrows are drawn on the chart at a distance proportional to the candle’s range, improving visual clarity. Signals are generated at the candle close, avoiding recalculations and false alerts.
Alerts
The indicator can send alerts via popup, email, and push notifications. Each alert type can be enabled or disabled independently according to your trading preferences.
Advantages
-
Filters entries using two moving averages to avoid countertrend trades
-
Clear and immediate signals displayed directly on the chart
-
Customizable settings for periods, colors, and arrow distance
-
Lightweight and suitable for all timeframes and instruments
Recommended Pairing
For improved signal confirmation, it is recommended to use it together with Candlestick Pattern Analyzer MT4: https://www.mql5.com/en/market/product/145982

This is awesome, a must for every trend trader, maybe add the standard types of moving averages to bring more users, e.g. Exponential, Smoothed, Linear Weighted.