Simple - Signal, only once after Price crossing a moving average

MQL4 Indicators

Job finished

Execution time 2 hours
Feedback from customer
fast and professional work, excellent communication, thanks.

Specification

Signals= simple arrows, green and red

1. moving average, slow = ma_A (trend) default = 50ema // slow Trend-MA

2. moving average, fast = ma_B (crossing price) default = 20ema // fast Signal-MA


Long signal => after Close 

Signal-Candle (+1)

Open < ma_B

Close > ma_B

Close > ma_A

=> green arrow below signal-candle (+1)


Short signal => after Close

Signal-Candle (+1)

Open > ma_B

Close < ma_B

Close < ma_A

=> red arrow above signal-candle (+1)


- show the first signal only(Signal only once within the trend)

- avoid further arrowsuntil the signal changes its direction


Signal only once within the trend

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