MA Ribbon with Alert for MT4 and MT5

MA Ribbon Alert indicator is a free MT4/MT5 indicator that you can download here and use in your MetaTrader to receive notifications via email, mobile app, and in the platform when there is an established trend according to the moving average ribbon.

What Is Ribbon Indicator?

Ribbon indicator is a simple tool to spot a potential trend.

Ribbon indicator is basically a group of moving averages of different periods.

It is very similar to Alligator indicator, but better.

The indicator works with multiple moving averages in order to determine the trend of an instrument.

It can be used as an entry signal, exit signal, or trailing stop, so it is very versatile.

This indicator is also known as, multiple moving averages, ribbon indicator, and, sometimes, rainbow indicator.

MA Ribbon Alert Indicator

MetaTrader platform doesn't include a multiple moving average ribbon indicator by default.

Moving Average Ribbon indicator can be loaded on an MT4/MT5 chart to show a series of eight moving averages with a fixed period increment.

For example, you want to start from an exponential moving average of period 10 and see the eight subsequent moving averages with a period increment of 5.

Ribbon indicator will draw the following:

• EMA(10)

• EMA(15)

• EMA(20)

• EMA(25)

• EMA(30)

• EMA(35)

• EMA(40)

• EMA(45)

Via the indicator options, you can configure:

• Starting period.

• Type of moving average.

• Applied price.

• Period of increment.

You can also be notified when either:

• Faster moving averages are above (or below) the slower ones.

• A candle closes above (or below) all of the moving averages.

These signals can be used depending on your strategies, but can be potentially used for entry, exit, or trailing stop.

This indicator allows you to receive alert notifications via:

• Email

• Mobile app

• On screen

Another interesting feature of this MA Ribbon Alert indicator is that it can draw buy and sell signals in the form of arrows when alert conditions are met. 

MA Ribbon Alert Indicator Source Code

If you are interested in alert indicators, you can use the source code of the present MA Ribbon Alert Indicator for your further development. Additionally, you can inspect the code of our Alert Indicator Template, which was used as a foundation for this indicator.

How to Download and Use MT4 MA Ribbon Alert Indicator?

You can download the indicator for free using the link below and install it by following the provided instructions.

The installation is very easy to perform. The same is true for using this tool.

Once you run the indicator you can set the parameters. You can select moving average properties and choose how exactly you wish to receive notifications.

Downloads

• ➥ Download MQLTA MT4 MA Ribbon With Alert

MT4 MA Ribbon Alert Installation

To install MA Ribbon Alert Indicator, please follow the instructions below:

1. Download the indicator archive file.

2. Open the MetaTrader 4 data folder (via File→Open Data Folder).

3. Open the MQL4 Folder.

4. Copy all the folders from the archive directly to the MQL4 folder.

5. Restart MetaTrader 4 or refresh the indicators list by right-clicking the Navigator subwindow of the platform and choosing Refresh.

For more detailed instructions on how to perform the installation please visit this article.

MT5 MA Ribbon Alert Indicator

What Is MT5 MA Ribbon Alert Indicator?

MA Ribbon Alert Indicator for MetaTrader 5 is a plugin that allows you to set up alerts for MA ribbon crossing over with the price or its moving averages crossing over with their counterparts on your MT5 chart. It has exactly the same features as the version of the indicator for MT4.

How to Download and Use MT5 MA Ribbon Alert Indicator?

You can download the indicator for free using the link below and install it by following the provided instructions.

Downloads

• ➥ Download MQLTA MT5 MA Ribbon With Alert

MT5 MA Ribbon Alert Installation

To install the MT5 MA Ribbon Alert Indicator please follow the instructions below:

1. Download the indicator archive file.

2. Open the MetaTrader 5 data folder (via File→Open Data Folder).

3. Open the MQL5 Folder.

4. Copy all the folders from the archive directly to the MQL5 folder.

5. Restart MetaTrader 5 or refresh the indicators list by right-clicking the Navigator subwindow of the platform and choosing Refresh.

For detailed instructions on how to setup the alerts in MetaTrader please refer to our guide on notifications in MT4/MT5..

• You can open a trading account with any of the MT4 Forex brokers to freely use the presented here indicator for MetaTrader 4. If you want to use an MT5 version of the indicator presented here, you would need to open an account with a broker that offers MetaTrader 5.