Tuesday, October 1, 2024

The ‘MA7 Ixora’ indicator – Different – 29 February 2024

Description of labor

The ‘MA7 Ixora’ indicator is predicated on the usual Transferring Common (MA) indicator. Reveals the intersection of the quick and sluggish transferring averages.

 

Options of labor

The indicator works on the instrument and timeframe on which it’s put in. The info is analyzed on closed candles, so the arrows are usually not redrawn.

 

Extra features

– Notifications when arrows seem.

 

Indicator settings

Fast paced common settings:

– Interval;

 – Technique;

– Apply to.

 

Gradual transferring common settings:

– Interval;

 – Technique;

– Apply to;

– Add to FMA interval – the parameter is used to configure the interval of the sluggish MA based mostly on the interval of the quick MA, i.e. provides worth to the quick MA interval. For instance, if the quick MA interval is 10, and the Add to FMA interval parameter is 10, then the sluggish MA interval will likely be 20, when you change the quick MA interval to 30, then the sluggish MA interval will likely be 40, and many others. This parameter is beneficial when optimizing an skilled advisor with the intention to cut back the variety of optimized parameters and take away incorrect indicator settings from passes. 0 – parameter just isn’t used.

– Multiply FMA interval – the parameter is used to configure the interval of the sluggish MA based mostly on the interval of the quick MA, i.e. multiplies the interval of the quick MA by the worth. For instance, if the quick MA interval is 10, and the Multiply FMA interval parameter is 2, then the sluggish MA interval will likely be 20, when you change the quick MA interval to 30, then the sluggish MA interval will likely be 60, and many others. This parameter is beneficial when optimizing an skilled advisor with the intention to cut back the variety of optimized parameters and take away incorrect indicator settings from passes. 0 – parameter just isn’t used.

 

Message settings:

– Ship message to the terminal (Alert) – permission to ship messages to the terminal utilizing the Alert operate;

– Ship message to the cellular terminal (Push) – permission to ship messages to the cellular terminal utilizing push notifications. Permission to ship messages should be enabled within the terminal settings, learn the directions;

– Ship message to the e-mail – permission to ship messages by e-mail. Permission to ship messages should be enabled within the terminal settings, learn the directions;

– Extra data – extra details about the indicator in order that the consumer can distinguish which program despatched the message.

 

Arrow show settings:

– Arrow shift – vertical shift of the arrows on the chart;

– Arrow measurement;

– Up arrow colour;

– Down arrow colour;

– Up arrow code;

– Down arrow code.

Examples of arrow codes.

 

Calculation method

For the up arrow: MA1 > MA1 and FMA2 < SMA 2;

For the down arrow: MA1 < SMA1 and FMA2 > SMA 2, the place

FMA1 is the worth of the quick MA indicator with the candle index 1 (the final closed candle),

SMA1 is the worth of the sluggish MA indicator with the candle index 1 (the final closed candle),

FMA2 is the worth of the quick MA indicator with the candle index 2 (the penultimate closed candle),

SMA2 is the worth of the sluggish MA indicator with the candle index 2 (the penultimate a closed candle).

 

Situation for displaying an up arrow

The quick MA line crosses the sluggish MA line from backside to prime.

Situation for displaying down arrow

The quick MA line crosses the sluggish MA line from prime to backside.

 

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My contacts are on MQL5 and Telegram.

 

Model for MetaTrader 4.

Model for MetaTrader 5.

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