3 MA Cross w Alert v2 Arrow Indicator: Entry on Moving Average Crossing
Arrow indicator 3 MA Cross w Alert v2 - is a technical implementation of the fan principle moving averages.
In the 3 MA Cross w Alert v2 indicator three types of Moving Average are configured: fast, average and slow. The parameters of each moving average are set separately and do not depend on each other.
Since the 3 MA Cross w Alert v2 indicator is an arrow indicator, the entry signals appear as arrows:
- to buy - the fast and average moving averages cross the slow one from the bottom upwards;
- on sale - fast and average moving averages cross the slow one from top to bottom.
Note that 3 MA Cross w Alert v2 arrow indicator displays only arrows on the chart of the currency pair, without displaying the moving averages themselves, which creates certain difficulties for traders who focus on the Moving Average as support and resistance levels.
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