Get this indicator here (.mq4)
The moving average crossover is one of the most common and famous trend following systems. The logic is that a trend forms when a faster moving average crosses the slower moving average.
A cross above is bullish, a cross below is bearish. This indicator makes it even easier to understand as arrows are drawn to indicate an uptrend or downtrend forming.
As with all trend following systems, you will probably have to add in a trend filter to minimize whipsaws. Nonetheless, the arrows are a lot neater and prettier compared to the constant 2 lines of moving averages.
In the video above, we used 5 period and 20 period exponential moving averages. You can change the periods and type of moving average.
Please comment below and let us know what other indicators can work together with this one.
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