Strategies

How to Build a MetaTrader Moving-Average Crossover Custom Indicator Using VTS

How to Build a MetaTrader Moving-Average Crossover Custom Indicator Using VTS

This video shows how to create a MetaTrader custom indicator that shows buy and sell signals based on a moving average crossover.

The EA-Indicator VTS plug-in allows you to create a custom indicator from any VTS Expert Advisor. Within VTS, you simply change the target from “Expert Advisor” to “Ea Indicator” and press “build”. This will create a custom indicator in the MetaTrader platform’s custom indicator folder.

A custom indicator created by the EA-Indicator plug-in draws two lines. A blue line to show open and close BUY signals. And a red line to show open and close SELL signals.

A line greater than zero means there is an OPEN signal.
A line less than zero means there is a CLOSE signal.
A line at zero means there is no signal.

This example uses a moving average crossover of a fast moving average and a slow moving average.

When the fast MA crosses up through the slow MA a BUY signal is generated.
When the fast MA crosses down through the slow MA a SELL signal is generated.

The process used to create this indicator was to create the Expert Advisor first and then change the VTS target to “Ea Indicator” and build the custom indicator.

For any VTS Expert Advisor that has already been created, the process is to simply set the VTS target to “Ea Indicator” and press “build”.

VTS System Zip File: MaCrossOver.zip

 
iExpertAdvisor - MetaTrader Expert Advisor Builders

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