Very simple indicator to tell me when a moving average is stagnant (hasn't changed in value - FLAT - or simply hasn't changed) for a certain number of closed periods.

MQL5 Indicators

Job finished

Execution time 23 hours
Feedback from employee
Thank you very much, Marcel. You are a very good customer. I would be glad to assist you with any other project.
Feedback from customer
This project was simply effortless. Alex is an extremely adept, knowledgeable, proficient and talented programmer. This project far exceeded my expectations in terms of time and usability. Thanks Alex

Specification

Hi there,

So I am looking for a very simple indicator that also comes with an alert (an alert would be a bonus but not absolutely necessary) that can tell me when a moving average has not moved or changed. i.e. is flat for a specified number of CLOSED periods.
An alert would also be great.

A traffic light visual style would be ideal as it means I can attach them to my charts so I can see which ones are of interest quickly

I would like the indicator to refresh at every closed period, so I can see the status of the indicator at a glance.

Red for 1 (any level) - this will refresh at every period if not followed by a level reading that is the same.
Orange for 2 SMA readings that are the same

Green for 3 closed SMA readings

 

For example the indicator is RED and the bar/period closes with a 0.123456 value,

It will remain red during the next bar. Now if that bar closes at 0.123455 It will go ORANGE

Then then during the next bar it remains ORANGE. Now if this bar closes at 0.123450 It will go GREEN when that period closes.

For a total of 3 periods that have SMA value that remained flat. 

 MAX difference to be considered flat is 0.000005.

1st 0.123456

2nd. 0.123461

3rd. 0.123466

For it to print the next traffic light colour. 

 

http://gyazo.com/b1d69fbed39f3d3976712ad491d40d3b - Here is a reference to what I mean FLAT/ unchanged SMA.

 

I understand that MA periods level readings on MT5 are quoted to the 6th decimal 0.000001 so when I say FLAT I would like that to include readings that are NO MORE than 0.000005 points away from each other - 

(It would also be great if I could change this sensitivity for example so it would only take readings thtat are EXACTLY the same. Or I could change it so It took readings that are 0.000002 point levels away. 

This is essentially flat on the chart.

Thanks 

Also I would like to see the traffic light style indicator let's say in the top right of each Chart Window when My Platform is Tiled - http://gyazo.com/367ec58727fe7b5482ba1d69d50cdf34

So I can quickly monitor.

I hope this made sense and I do need this ASAP  

 

Here is some graphical information

 

 

 

 Also see the day to day series of images.  - Example of Indicator just running day to day - , as MOVING AVERAGES are rarely flat or not moving but I need the indicator to be running :) and I expect it to be red as flat MA's are rare.

This is why ALERTS would be great!

 

Also if the Indicator could display the distance in PIPS between the SMA level and The BID price when price is above the SMA, and the difference between the SMA level and the ASK PRICE when price is BELOW the SMA 

 

 

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Project information

Budget
10 - 30 USD