A buy and sell signal forex indicator based on a break above/below the 5 period MA and the 20 period MA. Optimized to use it with the 1 hour time frame.
Strong buy: price breaks above the 20 MA and the 5 MA.
Strong sell: price breaks below the 20 MA and the 5 MA.
Avoid weak buy and weak sell signals.
Currency pairs: any
Preferred Time frames: 1 hour time frame
Configurable Indicator Options
MA_fast, MA_slow_MA_shift_fast, MA_shift_slow…
EUR/USD Hourly Chart Example