Mach X Alert Buy Sell Signals Metatrader 4 Forex Indicator

The Mach X Alert Buy Sell Signals indicator for Metatrader 4 is composed of a faster moving average and a slower moving average.

It is a trend following forex indicator that can be applied to any currency pair and works for any timeframe.

The indicator draws a smiley face on the activity chart, a blue one to buy and a red one to sell.

The indicator settings can be customized directly from the indicator’s input tab.

Free Download

Download the machxalert-indicator.mq4” MT4 indicator

Example Chart

The EUR/USD H1 chart below displays the Mach X Alert Buy Sell Signals forex indicator in action.

Basic Trading Signals

Signals from the Mach X Alert Buy Sell Signals are easy to interpret and goes as follows:

Buy Signal: Open buy order when a blue smiley face appears on the chart (bullish signal).

Sell Signal: Open sell order when a red smiley face appears on the chart (bearish signal).

Trade Exit: Close the open trade when an opposite signal occurs, or use your own method of trade exit.

Download

Download the machxalert-indicator.mq4” Metatrader 4 indicator

MT4 Indicator Characteristics

Currency pairs: Any

Platform: Metatrader 4

Type: chart pattern

Customization options: Variable (FasterSMA, SlowerSMA, Alerts) Colors, width & Style.

Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

Type: Trend

Installation

Copy and paste the machxalert-indicator.mq4 indicator into the MQL4 indicators folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Indicators (paste here)

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