Four Moving Average Scanner

This indicator is designed to scan all pairs and symbols, for all selected time frames, to find a cross of moving averages.

The 4 Moving Average Strategy

The scanner has 4 moving averages:

- 2 moving averages to define the trend

- 2 moving averages are used to find the right moment to send an alert

If the fast trend MA is above the slow trend MA, than it is considered as a bullish market and it will only provide bullish alerts. If the fast trend MA is lower then the slow trend MA, it is considered as a bearish market and it will only provide bearish alerts.

If the 2 other moving averages cross each other, the scanner will send an alert if the trigger is in line with the trend defined by the trend MAs. E.g. if the fast alert MA crosses the slow alert MA from below and the fast trend MA is above the slow trend MA, the scanner will send a Bullish alert.


Trading Recommendations:

  • Like for every indicator, the higher time frames are much more reliable then shorter time frames. For that reason, the recommendation is to use the scanner for high time frames only (H1 or higher).
  • Do not enter the market when high critical news is expected the same day. High critical news can result in unexpected movements in the market, which can not be identified by any indicator. News can be found on e.g. the MQL website, DailyFX and investing.com.
  • Do not enter the market when the price is close to an important support or resistance.

      

    Features

    • Scans all symbols visible in your Market Watch window, or all symbols available for your broker at the same time.
    • Indicator only have to be installed on one chart to scan the entire market.
    • Specify which time frame you want to monitor. Each time frame can be selected in the settings.
    • Receive Alerts in the MT4 terminal for each trade opportunity found.
    • The dashboard will show the latest alerts provided by this Scanner. When you click on an alert in the dashboard, a new chart will be opened for the applicable Symbol and time frame. The new chart will highlight the alert with a vertical line.
    • Receive Alerts on your mobile phone, so you never miss a trade opportunity! (MT4 notifications are use)
    • The moving average settings can be specified for each moving average (Fast MA, Medium MA and Slow MA).
    • Low CPU usage.

      Installation

      • Download the Indicator in your MT4 terminal after you have purchased the product.
      • Place the indicator on one chart in your MT4 terminal (it does not matter what chart is used, any symbol and time frame can be used), and from that moment the entire market will be scanned for all pairs and symbols, and for all time frames as you have configured.


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      This scanner is monitoring the entire market for trade opportunities for all symbols and for all time frames. This scanner will alert you on your computer, or on your mobile, when a trade opportunity has been found. Three moving average strategy   The three moving average strategy is a very popular and proven strategy. The slowest moving average is used to determine the direction of the trend. If the price is above the slowest moving average, we are in a Bullish market and if the price is below
      This scanner is monitoring the entire market for trade opportunities for all symbols and for all   time frames. You don't have to look to all the charts, for all symbols and for all time frames. This scanner will alert you on your computer, or on your mobile, when a trade opportunity has been found.  You never have to miss a trade opportunity!   This indicator is designed to scan all pairs and symbols, for all time frames, to find a cross of the MACD main and signal line.   MACD Definition The
      Trendline Trading
      Victor Christiaanse
      3 (1)
      If you use Resistance and Support Trendlines in your trading, this tool will be very useful for you!  The Trendline Trading EA is a smart and easy tool to helps you in your trading using trendlines on your chart. Just create a trendline for the Resistance and Support, and the EA will create pending orders when the price touch the trendline. The following orders will be created when the price touch the trendline: Pending order in case the price breaks the trendline Pending order in case the price
      Ichimoku Scanner
      Victor Christiaanse
      5 (1)
      This scanner is monitoring the entire market for Ichimoku trade opportunities for all symbols and for all time frames. You don't have to look to all the charts, for all symbols and for all time frames. This scanner will alert you on your computer, or on your mobile, when a trade opportunity has been found.  You never have to miss a trade opportunity!   This indicator is designed to scan all pairs and symbols, for all selected time frames, to find a Tenkan and Kijun Cross or a breakout of the Ich
      This scanner is monitoring the entire market for trade opportunities for all symbols and for all time frames. You don't have to look to all the charts, for all symbols and for all time frames. This scanner will alert you on your computer, or on your mobile, when a trade opportunity has been found.  You never have to miss a trade opportunity! This indicator is designed to scan all pairs and symbols, for all selected time frames, to find an Engulfing Candlestick Pattern. Features The scanner will
      Exit Manager MT5
      Victor Christiaanse
      Enhance Your Trading with the Exit Manager Elevate your trading strategy with the Exit Manager, designed to ensure optimal closure of your trades at precisely the right moments. Once you've placed an order, our Exit Manager steps in and starts monitoring the order based on YOUR predetermined conditions, and can even trail your stop loss to mitigate risk. Key Features: Set & Forget Functionality With the Exit Manager, simply place your trade and let the tool do the rest. It continuously monitors
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