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Technical Indicators for MetaTrader 5
Signals from technical indicators play a crucial role in opening and closing deals on stock and Forex markets. The essence of indicators is a mathematical transformation of a financial symbol price aimed at forecasting future price changes.
Test technical indicators to better predict market behavior and profit from it.
Description of work
The 'MA7 Agave' indicator is based on the standard Average Directional Movement Index (ADX) indicator. Shows the intersection of the +DI and -DI lines. Detailed information about the 'MA7 Agave' indicator.
Indicator settings
General settings: ADX period - Average Directional Movement Index indicator period.
'MA7 Flax' settings: ATR period – Average True Range indicator period, (0 – not used); ATR multiplier – Average True Range indicator value multiplier, coeff; Remove
Description of work
The 'MA7 Flax' indicator is based on the standard Average True Range (ATR) indicator and candle data. Shows candles that are larger in size relative to the ATR indicator value. Detailed information about the 'MA7 Flax' indicator.
Indicator settings
General settings: ATR period – Average True Range indicator period; ATR multiplier – Average True Range indicator value multiplier; Remove subsequent arrows – removes subsequent arrows in one direction.
Message settings: Send
Description of work
The 'MA7 Viola' indicator is based on the standard Moving Average (MA) indicator. Shows a sharp increase or decrease in the moving average. Detailed information about the 'MA7 Viola' indicator.
Indicator settings
General settings: Difference – difference between the last two MA values, percentage; Period ; Method ; Apply to ; Remove subsequent arrows – removes subsequent arrows in one direction.
Message settings: Send message to the terminal (Alert) – permission to send
Description of work
The 'MA7 Galega' indicator is based on the standard Moving Average (MA) indicator. Shows a puncture of the moving average. Detailed information about the 'MA7 Galega' indicator.
Indicator settings
General settings: Period – MA period; Method – MA method; Apply to – price type; Consider the direction of the candle .
Message settings: Send message to the terminal (Alert) – permission to send messages to the terminal using the Alert function; Send message to the mobile ter
Description of work
The 'MA7 Ixora' indicator is based on the standard Moving Average (MA) indicator. Shows the intersection of the fast and slow moving averages. Detailed information about the 'MA7 Ixora' indicator.
Indicator settings
General settings: Consider the direction of the candle .
Fast moving average settings: Period – MA period; Method – MA method; Apply to – price type.
Slow moving average settings: Period – MA period; Method – MA method; Apply to – price type; Add to FMA pe
Description of work
The 'MA7 Aster' indicator is based on the standard Moving Average (MA) indicator. Shows the price deviation from the moving average. Detailed information about the 'MA7 Aster' indicator.
Indicator settings
General settings: Period – MA period; Method – MA method; Apply to – price type; Minimum distance – minimum distance from the moving average to the closing price of the candle.
Message settings: Send message to the terminal (Alert) – permission to send messages to the
Description of work
The 'MA7 Hypnum' indicator is based on the standard Commodity Channel Index (CCI) indicator. Shows overbought and oversold zones. Detailed information about the 'MA7 Hypnum' indicator.
Indicator settings
General settings: Period – period of the CCI indicator; Apply to – price type for calculating the CCI indicator; Upper level ; Lower level .
Message settings: Send message to the terminal (Alert) – permission to send messages to the terminal using the Alert function; Se
Description of work
The 'MA7 Clover' indicator is based on candle shapes. Shows the 'Pin Bar' candle pattern. Detailed information about the 'MA7 Clover' indicator.
Indicator settings
General settings: Min body size ; Max body size ; Min nose size ; Max nose size .
Message settings: Send message to the terminal (Alert) – permission to send messages to the terminal using the Alert function; Send message to the mobile terminal (Push) – permission to send messages to the mobile terminal using
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