MA Market Cross Alerter

5

If the price is cutting above the slow length moving average, a breakout may occur. If the price is cutting below, a pullback may occur in the market. This was known for a long time, but there aren't many indicators which signal on the event. Candlestick pattern validation is also used in this indicator so that signals will not be drawn on doji candles or small "uncertainty" candles.

The length of the moving average period can be defined by the user (default is 200). The number of price movement points above and below the MA that will be considered a signal is determined by the user in the input data. If shorter timeframes are used, such as 2-minute or 5-minute TF, the number of pips should be small (around 15–20) since the price moves fewer pips on these timeframes.

If using an H1 or higher time frame, a pip count of 80 or higher (in Forex markets) should be used to smooth signals.


Reviews 1
Cristian-bogdan Buzatu
1169
Cristian-bogdan Buzatu 2024.08.02 19:26 

Reliable and stable, I recommend it!

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Switching between charts to analyse market trends across multiple timeframes can quickly become a tiresome task. Finding confluence (alignment across timeframes) is essential to making informed trading decisions. This innovative indicator simplifies the process, allowing you to see trends on multiple lower timeframes directly from a higher timeframe chart. With this indicator, you can monitor four Heiken Ashi setups running simultaneously, each on a different timeframe. The result is a clear, la
This is a unique moving average that does not use timeframes. The indicator calculates a simple moving average (SMA) based on latest tick prices rather than timeframe bars, offering a direct way to track market trends. It processes a large number of tick prices up to the latest tick, using only live data for its calculations. Once active, the indicator updates and recalculates without relying on any historical timeframe bars. Real-Time Market Response The indicator updates as tick prices move, r
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Cristian-bogdan Buzatu
1169
Cristian-bogdan Buzatu 2024.08.02 19:26 

Reliable and stable, I recommend it!

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