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2011.06.03 08:31
Indicators

MAcrosses - indicator for MetaTrader 4

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MAcrosses.mq4 (6.02 KB)view

Counts crosses off MAs, it shows % that all MAs are above slower MAs

If MA crosses above another, the indicator rises
If MA crosses under another, the indicator falls

If the indicator rises to 100%, every MA is above MAs with higher period
If the indicator falls to 0%, every MA is under MAs with higher period

You set the maximal MA and the step between the MAs

Parameters

  • the Max MA - Maximal Moving Average.

  • MAs Step - Step between MAs, optimal is Max MA/10.

  • MA on MAs crosses - Moving average calculated on main line MAcrosses.

  • MA method

  • Applied to price

  • Alert - if it is true alert will show up at every cross of alert Lines.

  • Alert Line - can be Crosses(main line), or Average(MA on MAs crosses line).

  • Alert Up Level - level at which show alert.

  • Alert Down Level - level at which show alert.


Can by used as a trend indicator with high values


Can by used as an oscillator indicator with low values

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