The creator took the signal from crossing the MA and confirming it with Stochastic.
Works for all Forex Pairs and all time frames.
Why Moving Averages are important ?
Moving Averages smooth the collected price data from a given instrument and form a line on the chart. Traders call the MA a trend-following indicator. The most important thing to understand is that MA really does not predict the future price direction. The MA’s main purpose is to define
the current trend direction with a little bit of a lag. Of course this lag is more than normal because we are using data from history and plotting it on the chart.
The two most popular versions of the MA indicators are the EMA (Exponential Moving Average) and the SMA (Simple Moving Average).
Indicators and Template:
HeikenAshi_DM.ex4
Candle-Closing-Time-Remaining-(CCTR).mq4
KEN_fast_sBar_mtf.ex4
MA_in_Color.ex4
oT_S_Ra-Signal_Line.ex4
precision_trend_histo_2.ex4
Murrey_Math_Modified1.ex4
Signal_Bars_v3_Daily.ex4
Stochastic-Maestro.tpl
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amazing