Ultimate Moving Average Scanner By ScorpionFX

                                                  ULTIMATE MOVING AVERAGE SCANNER: 

This indicator has been designed to find various types of moving average crossovers.
And combined with your own rules and techniques, this indicator will allow you to create
(or enhance) your own powerful system.  

- Moving average crossovers are very simple to trade, with clear "buy" or "sell" signals.
- Moving average crossovers offer a clear indication of the different phases of a trend. 

  Such as expansion, pullback, consolidation and reversal.

IMPORTANT FACTORS TO KEEP IN MIND:

Institutional traders use moving averages more than ANY other indicator. 

Specifically the 20, 50, 100, 150 and 200. 

• This indicator monitors all 28 pairs by default. But you can monitor as few (or as many) pairs as you wish. 
• It can monitor any symbol in your Metatrader platform. Including crypto, commodities, indices, equities, ETF's etc. 
• It can monitor every timeframe from 1 Minute to Monthly. All at the same time. 
• It will automatically trigger an alert whenever the appropriate crossovers are identified.
• It can monitor crossovers for anywhere between 2 and 5 moving averages (2, 3, 4 or 5). 
• It can monitor several moving average calculation methods (simple, exponential, smoothed and linear weighted).

- This indicator only needs to be placed on one chart and it will simultaneously monitor the entire market, all on one screen.

  This will save you an enormous amount of time and effort. As you won't have to flip through dozens of charts for analysis. 
  And this will allow you to focus on other aspects of your trading. Such as further technical (or fundamental analysis).
  This will also give you more time to find other trading opportunities. 

                                                    

• Number of MA to use: Select the number of moving averages you wish to monitor (2 MA crossover, 3 MA crossover etc).
• MAPeriod: Here is where you select the lookback period for each MA. The most important are 20, 50, 100, 150 and 200.
• MAMethod: Select the calculation method for each MA. The most widely used are simple and exponential.
• Candle Alert: Receive alerts on candle close, or during active candle. We recommend on candle close. 
• Bullish Alert: True = Yes, False = No
• Bearish Alert: True = Yes, False = No
• Minutes Between Alert: Choose time interval for receiving alerts on a given pair (every "X" number of minutes).
• Symbols: The indicator monitors the top 28 pairs by default, but you can select less pairs if you wish.

See the images below for further details.
And contact us if you have any questions.

We reply to all questions within 24 hours. And depending on the total volume
of inquiries that we have, we can sometimes answer in less than 1 hour.
You have full control over the number of moving averages you wish
to use for your crossovers. Anywhere from 2 moving averages.
You can select the calculation method for each moving average. 
***The most widely used calculation methods used by institutional
    traders are the simple and exponential moving averages.

***The most widely used lookback periods used by institutional 

You can choose to receive the alerts either after the candle has closed.
Or while the candle is still active. 

***Alerts after candle close are more conservative. As a candle close 
   serves as a confirmation for that time frame. While alerts during 
   an active candle can sometimes get you into a trade right before 
   the big moves.  

***Please be aware that alerts after candle close can sometimes be late.
    As the big move sometimes happens during the candle that triggers
    the alert. But in general, over the course of many trades, waiting for 
    the candle close will provide the higher probabilities of success. 

You can choose the time interval for receiving alerts on a given pair 
If you set this to '60', and you get a signal on the EURUSD 15 min chart,
then you will only receive an alert for this pair and this time frame 
This is very helpful if you want to avoid receiving continuous repetitive 
Here is an example of a crossover using 4 moving averages. And this image 
IN ORDER TO IMPROVE THE ACCURACY OF THE SIGNALS AND THE PROBABILITY OF SUCCESS,
THE ALERTS HAVE BEEN DESIGNED TO BE TRIGGERED WHEN ALL OF THE MOVING AVERAGES
ARE IN CONSECUTIVE ALIGNMENT. AS THIS IS GENERALLY THE AREA WHERE PRICE MAKES

A POWERFUL AND DEFINITIVE MOVE TO ONE SIDE OR THE OTHER.

IN THE EXAMPLE GIVEN ABOVE, YOU ARE SEEING A BEARISH MOVING AVERAGE CROSSOVER
USING 4 MOVING AVERAGES. USING THE 50, 100, 150 AND 200 PERIOD MOVING AVERAGES.

THE SIGNAL WOULD NOT BE TRIGGERED, UNTIL ALL 4 MOVING AVERAGES ARE ALIGNED IN ORDER. 
MEANING THE 50 NEEDS TO BE UNDER THE 100. THE 100 NEEDS TO BE UNDER THE 150.
AND THE 150 NEEDS TO BE UNDER THE 200.  

IF YOU USE CROSSOVER ALERTS THAT ONLY LOOK AT PRICE CROSSING OVER THE AVERAGES,
WITH NO REGARD TO THE ALIGNMENT OF THE MOVING AVERAGES, THEN YOU WOULD GET
A MUCH HIGHER NUMBER OF WHIPSAWS AND FALSE SIGNALS.