Signal Moving Average Lux Algo MT4

Signal Moving Average Lux Algo for MT5 

Discover a unique moving average indicator designed specifically for signal line use in moving average crossover systems. This advanced tool differentiates itself by diverging from price in ranging markets, while closely mirroring a standard moving average in trending markets. This characteristic helps traders avoid unnecessary noise and potential over-trading due to market fluctuations.

The moving average will diverge from the price during ranging markets and reach the value of a regular moving average during trending markets.

Moving average crossover strategies often rely on a "signal" line, a slower moving average used to determine a general trend. This signal line is paired with a faster moving average to filter out potential whipsaw trades that would have been given from crosses between the regular price and the signal line.

The proposed indicator will avoid crossing the price by diverging from it during more ranging periods, thus effectively reducing the number of crosses produced between the price and the signal line.

The color of the area between the price and the signal line is determined by the position of the price relative to the signal line, with a green color indicator a price superior to the signal line.

The color of the signal line, however, is taking into account whether market is trending or ranging, only changing once the market is trending.

indicator by Lux Algo for trading view originally

निःशुल्क विदेशी मुद्रा संकेतक MT4

ตัวบ่งชี้ฟอเร็กซ์ฟรี MT4

இலவச அந்நிய செலாவணி காட்டி MT4

Penunjuk forex percuma MT4


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Chart Projection Indicator Chart projection started as a small indicator that used the built in zig zag technical indicator to forecast future price action (you can find the old algorithm in the comments) The idea is simple , past price action does not translate into the future but maybe if we don't get overly specific ,or , overly generic ,we can extract guidelines about what could happen . The "thesis" of Chart projection is this : Traders will look at the chart to make their decisions , so ,
FREE
The Flower Indicator is a technical analysis tool primarily used to identify trends and assist with scalping or intraday trading strategies. The Flower Indicator is a signal trend indicator based on technical and price dynamics analysis. It visually signals trends using colored flowers—blue flowers indicate an uptrend , while red flowers indicate a downtrend Each levels can act like support & resistance ( watch for +/- 200 levels & the dots when appear on the chart ) You can set the dots to appe
FREE
The Flower Indicator is a technical analysis tool primarily used to identify trends and assist with scalping or intraday trading strategies. The Flower Indicator is a signal trend indicator based on technical and price dynamics analysis. It visually signals trends using colored flowers—blue flowers indicate an uptrend , while red flowers indicate a downtrend Each levels can act like support & resistance ( watch for +/- 200 levels & the dots when appear on the chart ) You can set the dots to appe
FREE
Voenix Chart Pattern Scanner MT5
Lorentzos Roussos
4.29 (7)
Harmonic patterns scanner and trader . Some Chart patterns too  if you would rather see this on a live chart instead of reading the description , you can instantly download a free demo here. Patterns included :  ABCD pattern Gartley pattern Bat pattern Cypher pattern 3Drives pattern Black Swan pattern White Swan pattern Quasimodo pattern or Over Under pattern Alt Bat pattern Butterfly pattern Deep Crab pattern Crab pattern Shark pattern FiveO pattern Head And Shoulders pattern Ascending Triangl
Similar Price Action
Lorentzos Roussos
5 (1)
Similar Price Action Indicator You may download a demo if you want to test the indicator on a live chart here. Similar price action will find past sequences of candlestick patterns that are as similar as possible to an area of the chart you have selected and try to predict the Next Price after that. The indicator will conduct a search starting right before the first candlestick of the price action region you have selected until the very first oldest bar of the chart. There are several criteria f
Fibonacci Sonar
Lorentzos Roussos
Fibonacci Sonar The fibonacci sonar has an internal library of price action patterns gathered from 28 symbols and 7 timeframes. Each pattern is split to 2 sides. The before side and the after side. Fibonacci sonar uses the before side to recognize similar patterns. The most recent price action (at any moment) up to the open price of the newest bar is what is used as the before side for searching the library. The after side holds an aggregate of all activity each pattern has seen. This is where t
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