Moving Average Crossover Suite
- Indicators
- Version: 1.0
This indicator, called the “Moving Average Crossover Suite,” is the classic moving average crossover indicator. It takes into account all types of moving averages available in MQL5. As is well known, this indicator—whether it involves two or three moving averages, of the same or different types—has been extensively discussed in the relevant literature, particularly in *Technical Analysis of the Financial Markets* and *The Visual Investor*, both by John Murphy.
First, it should be noted that the code was not developed from scratch, but was based on functional code already written in other programming languages. As a contribution, color was added to the area and the moving averages to improve visual readability. Of course, it goes without saying that it adheres to the principle that the gap between the two moving averages tends to widen when the trend is stronger and narrow when the opposite is true.
