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Trading Resources & Education for Forex Traders

Cross Alert Pro

Cross Alert Pro

Description:

Cross Alert Pro is a powerful MT4 indicator that alerts traders when two moving averages (MAs) cross over, signaling potential buy or sell opportunities. This indicator allows you to customize the moving averages (types and periods) for both fast and slow MAs, offering flexibility to suit different trading strategies. Equipped with both visual alerts on the chart and sound/email notifications, Cross Alert Pro ensures you never miss critical market moves. It also provides a clean interface by allowing the removal of MAs from the chart while maintaining alert functionality.

Key Features:

  • Customizable moving average (MA) types and periods for both fast and slow MAs.
  • Alerts via sound or email for new crossover signals.
  • Visual representation of crossover points on the chart.
  • Works with various price modes: close, open, high, low, median, typical, and weighted.
  • Removes MAs from the chart for a clean trading interface without losing crossover signals.
  • Crossover alerts only on the new bar, minimizing repetitive notifications.

Settings and Parameters:

Sound ON:

    • Type: bool
    • Description: Enable/Disable sound notifications when a crossover occurs.
    • Default: true

Email ON:

    • Type: bool
    • Description: Enable/Disable email notifications for crossover signals.
    • Default: false

Fast MA_Mode:

    • Type: int
    • Description: The type of moving average used for the fast MA.
    • Options:
      • 0 = Simple MA (SMA)
      • 1 = Exponential MA (EMA)
      • 2 = Smoothed MA (SMMA)
      • 3 = Linear Weighted MA (LWMA)
      • 4 = Least Square MA (LSMA)
    • Default: 3 (LWMA)

Fast MA_Period:

    • Type: int
    • Description: Period for the fast MA.
    • Default: 3

Fast Price Mode:

    • Type: int
    • Description: The price applied to the fast MA.
    • Options:
      • 0 = Close
      • 1 = Open
      • 2 = High
      • 3 = Low
      • 4 = Median Price (High + Low)/2
      • 5 = Typical Price (High + Low + Close)/3
      • 6 = Weighted Price (High + Low + Close + Close)/4
    • Default: 6 (Weighted)

Slow MA_Mode:

    • Type: int
    • Description: The type of moving average used for the slow MA.
    • Options:
      • 0 = SMA
      • 1 = EMA
      • 2 = SMMA
      • 3 = LWMA
      • 4 = LSMA
    • Default: 3 (LWMA)

Slow MA_Period:

    • Type: int
    • Description: Period for the slow MA.
    • Default: 34

Slow Price Mode:

    • Type: int
    • Description: The price applied to the slow MA.
    • Options:
      • 0 = Close
      • 1 = Open
      • 2 = High
      • 3 = Low
      • 4 = Median Price (High + Low)/2
      • 5 = Typical Price (High + Low + Close)/3
      • 6 = Weighted Price (High + Low + Close + Close)/4
    • Default: 6 (Weighted)

How It Works:

  • Buy Signal: When the fast MA crosses above the slow MA, a green arrow is displayed below the price bar, indicating a potential buy signal. Alerts are triggered if enabled.
  • Sell Signal: When the fast MA crosses below the slow MA, a red arrow appears above the price bar, signaling a potential sell opportunity. Alerts are triggered if enabled.

Installation Guide:

  1. Copy the Cross Alert Pro.mq4 file to your MQL4/Indicators folder.
  2. Restart or refresh your MT4 platform.
  3. Attach the indicator to your desired chart by navigating to the “Insert” menu, selecting “Indicators,” and then locating Cross Alert Pro.

Frequently Asked Questions (FAQ):

Can I use different moving averages? Yes, Cross Alert Pro allows you to choose from five types of moving averages: SMA, EMA, SMMA, LWMA, and LSMA.

How do I receive email alerts? Ensure that the Email ON setting is set to true and configure your email settings in the MT4 platform (Tools → Options → Email).

Can I turn off sound alerts? Yes, simply set Sound ON to false in the indicator settings to disable sound notifications.

Is it possible to change the look of the arrows on the chart? Currently, the indicator uses predefined green and red arrows for buy and sell signals respectively, which cannot be changed.

Cross Alert Pro ensures that you are always aware of key market movements, enhancing your trading strategy with timely alerts for moving average crossovers. Stay informed and trade confidently!

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