Thursday, December 26, 2024

The ‘MA7 Galega’ indicator – Different – 6 April 2024

Description of labor

The ‘MA7 Galega’ indicator relies on the usual Shifting Common (MA) indicator. Reveals a puncture of the shifting common.

Indicator settings

Normal settings

Interval

The parameter units the interval of the MA indicator. Measured in candles (bars). The parameter have to be better than 0.

Methodology

The parameter units the MA smoothing kind. You may choose the specified smoothing kind from the listing.

Apply to

The parameter units the value kind that’s used to calculate the MA indicator. You may choose the specified worth kind from the listing.

 

Message settings

Ship message to the terminal (Alert)

The parameter units permission to ship messages to the terminal utilizing the Alert perform.

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 electronic mail. Permission to ship messages have to be enabled within the terminal settings; learn the directions.

Further data

The parameter units further details about the indicator in order that the person 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 totally 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 Further data parameter, you may point out further data, 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 arrow on the chart.

Arrow measurement

The parameter units the dimensions of the arrow.

Up arrow colour

The parameter units the colour of the up arrow.

Down arrow colour

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.

Examples of arrow codes.

 

Calculation method

For up arrow: Low1 < MA1 and MA1 < Open1 (if a bullish candle) or Close1 (if a bearish candle),

For down arrow: High1 > MA1 and MA1 > Open1 (if a bearish candle) or Close1 (if a bullish candle), the place

 

MA1 – MA indicator worth with candle index 1 (final closed candle),

Open1 – opening worth of the candle with index 1 (final closed candle),

Close1 – closing worth of the candle with index 1 (final closed candle),

High1 – most worth of the candle with index 1 (final closed candle),

Low1 – minimal worth of the candle with index 1 (final closed candle).

Situation for displaying an up arrow

The decrease shadow of the candle punctured the shifting common.

Situation for displaying a down arrow

The higher shadow of the candle punctured the shifting common.

‘MA7 Galega’ indicators:

MA7 Galega MT4;

MA7 Galega MT5.

 

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Ask questions within the profile on the MQL5.

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