EMA Crossover Arrow Signals MT4 Indicators
EMA crossover is a powerful tool that serious forex traders should have. Moving Averages have been used in trading for decades and they deserve the reputation they earned. When the faster moving average crosses above the slower moving average, it indicates that the pair is gaining momentum to go higher. When the faster moving average crosses below the slower moving average, it indicates that the pair is gaining momentum to go lower.
EMA crossover indicator displays these crossovers on the chart with arrow so that you can easily notice and open your positions without missing the price action.
How to Trade With EMA Crossover:
Buy Signal: Wait for a green arrow to appear below the candlestick bar.
Sell Signal: Wait for a red arrow to appear above the candlestick bar.