Description of labor
The ‘MA7 Hypnum’ indicator is predicated on the usual Commodity Channel Index (CCI) indicator. Exhibits overbought and oversold zones.
Options of labor
The indicator works on the instrument and timeframe on which it’s put in. The information is analyzed on closed candles, so the arrows will not be redrawn.
Extra capabilities
Notifications when an arrow seems.
Indicator settings
Normal settings
Interval
The parameter units the interval of the CCI indicator. Measured in candles (bars). The parameter have to be higher than 0.
Apply to
The parameter units the value kind that’s used to calculate the CCI indicator. You’ll be able to choose the specified value kind from the checklist.
Higher stage
The parameter units the higher stage, which defines the oversold zone. The parameter have to be higher than 0.
Decrease stage
The parameter units the decrease stage, which defines the overbought zone. The parameter have to be lower than 0.
Message settings
Ship message to the terminal (Alert)
The parameter units permission to ship messages to the terminal utilizing the Alert operate.
Ship message to the cell terminal (Push)
The parameter units permission to ship messages to the cell terminal utilizing push notifications. Permission to ship messages have to be enabled within the terminal settings; learn the directions.
Ship message to the e-mail
The parameter units permission to ship messages by e-mail. Permission to ship messages have to be enabled within the terminal settings; learn the directions.
Extra info
The parameter units extra details about the indicator in order that the consumer can distinguish which program despatched the message. The knowledge is displayed within the message header. For instance, you put in two indicators on the identical instrument and on the identical timeframe with completely different parameters, one indicator has a interval of 10, the opposite has a interval of 30. To grasp which indicator despatched the message, you want the Extra info parameter, you’ll be able to point out extra info, for instance, the interval that the indicator makes use of, then within the message you will note which indicator despatched the message.
Arrow show settings
Arrow shift
The parameter units the vertical offset of the arrows on the chart.
Arrow dimension
The parameter units the dimensions of the arrows.
Up arrow shade
The parameter units the colour of the up arrow.
Down arrow shade
The parameter units the colour of the down arrow.
Up arrow code
The parameter units the up arrow code.
Down arrow code
The parameter units the down arrow code.
Calculation components
For up arrow: CCI2 < Decrease stage and CCI1 > CCI2 and CCI2 < CCI3,
For down arrow: CCI2 > Higher stage and CCI1 < CCI2 and CCI2 > CCI3, the place
Higher stage – higher stage (parameter in settings),
Decrease stage – decrease stage (parameter in settings),
CCI1 – worth of the CCI indicator with candle index 1 (final closed candle),
CCI2 – worth of the CCI indicator with candle index 2 (penultimate closed candle),
CCI3 – worth of the CCI indicator with candle index 3 (closed candle additional down the historical past from proper to left).
Situation for displaying an up arrow
A minimal of the CCI indicator has fashioned within the overbought zone, the CCI worth is under the Decrease stage.
Situation for displaying a down arrow
A most of the CCI indicator has fashioned within the oversold zone, the CCI worth is above the Higher stage.
‘MA7 Hypnum’ indicators:
Professional Advisors primarily based on the ‘MA7 Hypnum’ indicator:
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