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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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      note: this indicator is for METATRADER4, if you want the version for METATRADER5 this is the link:  https://www.mql5.com/it/market/product/108106 TRENDMAESTRO ver 2.4 TRENDMAESTRO recognizes a new TREND in the bud, he never makes mistakes. The certainty of identifying a new TREND is priceless. DESCRIPTION TRENDMAESTRO identifies a new TREND in the bud, this indicator examines the volatility, volumes and momentum to identify the moment in which there is an explosion of one or more of these data a
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      Altan Karakaya
      5 (2)
      Présentation de l'indicateur   "TW Trend Sniper"   , un indicateur puissant utilisé pour identifier les principales tendances en utilisant la formule d'indicateur exclusive   "Trade Wizards"   ainsi que l'utilisation de l'action des prix, la détection des séances de trading de devises, Fibonacci et les fonctions de détection et méthodes de suppression du bruit de l'intelligence artificielle avec une grande précision. cette stratégie conçue par le   « groupe Trade Wizards »   composé de traders
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      Mohamed Hassan
      5 (20)
      Cet indicateur est très puissant lorsqu'il est combiné avec notre autre indicateur appelé Katana. Après l'achat, envoyez-nous un message et vous pourrez obtenir Katana GRATUITEMENT en BONUS  ! Le prix augmentera bientôt à 149$ ! Ne manquez pas le prix courant à 65$ ! L'indicateur de prévision de tendance est un outil très unique et simple qui est capable de prédire les mouvements futurs des prix en fonction des signaux générés par MACD. Cela vous aide à avoir une estimation des domaines dans
      Up down v6T
      Guner Koca
      5 (1)
      Thise indicator is up down v6  comes with tradingwiev pinescript. purchased people, after installed on terminal ,contact me on mql5  to get BONUS  TradingView pinescript. up-down indicator is no repaint and works all pairs and lower than weekly time frames charts. it is suitable also 1 m charts for all pairs. and hold long way to signal. dont gives too many signals. when red histogram cross trigger line that is up signal.and price probably will down when blue histogram cross trigger line that
      Elliot Wave Impulse
      Mohamed Hassan
      5 (1)
      ‍You can visually backtest Elliot Wave Impulse   to see how it behaved in the past!     Manual guide:   Click here Starting price of  $45  for the first 25 copies ( 4 left)! -- Next price is   $99 .  This indicator is unstoppable when combined with our other indicator called Katana . After purchase, send us a message and you could get  it  for  FREE as a BONUS!  The Elliot Wave Impulse is a pattern  identified in the Elliott Wave Theory, a form of technical analysis used to ana
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      Click and Go Trade Manager, the ultimate solution for seamless trading execution. With a simple click on the chart, you can effortlessly define your stop loss, entry price, and target levels. No more hassle of inputting values manually - it's made incredibly intuitive and easy. Embedded risk management is a key feature of our Trade Manager. We understand the importance of protecting your investments, which is why the Click and Go Trade Manager incorporates risk management. When placing orders, y
      Click and Go Trade Manager
      Victor Christiaanse
      5 (11)
      Click and Go Trade Manager, the ultimate solution for seamless trading execution. With a simple click on the chart, you can effortlessly define your stop loss, entry price, and target levels. No more hassle of inputting values manually - it's made incredibly intuitive and easy. Embedded risk management is a key feature of our Trade Manager. We understand the importance of protecting your investments, which is why the Click and Go Trade Manager incorporates risk management. When placing orders,
      Exit Manager
      Victor Christiaanse
      5 (2)
      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 monit
      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 belo
      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
      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
      Keyboard Trading
      Victor Christiaanse
      5 (2)
      Keyboard Trading  Open and Close orders with your keyboard. This tool allows you to open and close orders with your keyboard. As opening and closing orders with your keyboard is faster than with your mouse, this tool is very useful for Scalpers. How does it work? If you press the key "b", it will open a buy order with lot size, SL and TP as specified in the settings. If you press the key "s", it will open a sell order with lot size, SL and TP as specified in the settings. If you press the key "c
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      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
      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 wi
      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 monito
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