Description: This forex indicator generates buy and sell signals based on the crossover of two simple moving averages. A buy signal occurs if the fast moving average crosses the slow moving average from below. On the contrary, a sell signal occurs if the fast moving average crosses the slow moving average from above. It's a great indicator to build trend following systems.
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Risk Disclosure: Trading forex on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.