MA 3×3 Colors MTF Indicator

MA 3×3 MTF Indicator is formed with 3 patterns of Moving Averages which are named as 1st MA 3×3 Colors MTF, 2nd MA 3×3 Colors MTF, 3rd MA 3×3 Colors MTF.

1st MA 3×3 Colors MTF moves above both 2nd & 3rd MA 3×3 Colors MTF is considered as the bullish crossover of the market trend.

Conversely, 1st MA 3×3 Colors MTF moves below both 2nd & 3rd MA 3×3 Colors MTF represents the bearish crossover signal of the market trend. For a better understanding, this indicator points the crossover signals using separate up/downward arrows around the price bars.

MA 3×3 Colors MTF Indicator can be applied to trade all kinds of forex currency pairs AND works well only in between M1 to H1 charts.

 Buy Entry

  • Price closes above all the MA levels
  • 1st MA 3×3 Colors MTF moves above both 2nd & 3rd MA 3×3 Colors MTF
  • An upward white arrow is plotted below the price bar
  • Set stop loss below the MA levels
  • Exit long/take profit whenever price bar closes below the 1st MA 3×3 Colors MTF level 

 

Sell Entry

  • Price closes below all the MA levels
  • 1st MA 3×3 Colors MTF moves below both 2nd & 3rd MA 3×3 Colors MTF
  • A downward red arrow is plotted above the price bar
  • Set stop loss above the MA levels
  • Exit short/take profit whenever price bar closes above the 1st MA 3×3 Colors MTF level

Download Indicator