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Two Moving Average Crossover Alerts Serie MT5

35 USD

Demo downloaded: 721

Published: 11 May 2017

Current version: 2.0

Two Moving Average Crossover Alerts Serie MT5

Item: Two Moving Average Crossover Alerts Serie MT5
Rating: 1
Author: Oluwaseyi Olakojo

Indicators
Boris Armenteros
Version: 2.0
Updated: 9 March 2023
Activations: 100

The "Two Moving Average Crossover" indicator for MetaTrader 5 (MT5) is a technical analysis tool that displays two moving averages and notifies when the moving averages cross each other.

The indicator calculates and plots two moving averages, one of which is faster and the other is slower. When the faster moving average crosses above the slower moving average, it is considered a bullish signal, indicating a potential trend reversal or the start of a new uptrend. Conversely, when the faster moving average crosses below the slower moving average, it is a bearish signal, indicating a potential trend reversal or the start of a new downtrend.

The indicator can be customized to use different types of moving averages, such as simple moving average (SMA), exponential moving average (EMA), Smoothed Moving Average (SMMA), or Linear-weighted Moving Average (LWMA). Traders can also adjust the period of each moving average to suit their trading style and preference.

In addition to plotting the moving averages, the indicator generates alerts when a crossover occurs. Traders can set up an audio or visual alert or receive an email or push notification when the crossover happens. This feature can help traders stay informed about potential trading opportunities even if they are not actively monitoring the chart.

The "Two Moving Average Crossover" indicator is a versatile and easy-to-use tool that can be valuable for both novice and experienced traders. It can be used to identify trends, spot potential entry, and exit points, and generate trading signals.

Features

Detects crossovers between two moving averages (MAs) on either the current or closed candle
Both MAs can be set using any of the following averaging methods: Simple Moving Average (SMA), Exponential Moving Average (EMA), Smoothed Moving Average (SMMA), or Linear-weighted Moving Average (LWMA)
Both MAs can be set to use any averaging period and any of the following prices: Close, Open, High, Low, Median, Typical, or Weighted
Supports various types of alerts, including Dialog Box, Email, Push Notifications, and Sound Alerts
By default, up arrows are displayed for buying signals and down arrows for selling signals
Allows you to choose which signals to display (buy, sell, or both)
Allows you to customize the symbol used to represent buy and sell signals.
Option to prevent repetition of signals of the same type
Customizable sign spacing for better visibility of the signals
Works with any symbol and timeframe, including exotic symbols
Compatible with any MetaTrader platform, regardless of the number of digits or other parameters
Does not slow down the terminal performance or trading operations when used with other tools such as indicators, expert advisors, or scripts

Parameters

Signal Trigger: determines when the signal is triggered - either on the closed candle or at the current candle.
Signal Direction: determines the direction of the signal - buy signals only, sell signals only, or both.
Prevent Signal Repetition: when set to true, prevents the same type of signal (buy or sell) from being displayed twice in a row.
Signal Buy Code: sets the code for the arrow symbol used to represent a buy signal.
Signal Sell Code: sets the code for the arrow symbol used to represent a sell signal.
Signal Distance as ATR Multiple: sets the distance from the signal to the current price as a multiple of the Average True Range (ATR).

Fast MA Period: sets the period for the fast moving average (MA).
Fast MA Shift: sets the offset for the fast MA.
Fast MA Method: sets the averaging method for the fast MA (SMA, EMA, SMMA, or LWMA).
Fast MA Price: sets the applied price for the fast MA (Close, Open, High, Low, Median, Typical, or Weighted).

Slow MA Period: sets the period for the slow MA.
Slow MA Shift: sets the offset for the slow MA.
Slow MA Method: sets the averaging method for the slow MA.
Slow MA Price: sets the applied price for the slow MA.

Label Alert: sets the label for the alert message.
Enable Alerts: when set to true, enables alert messages.
Enable Email Notifications: when set to true, enables email notifications.
Enable Push Notifications: when set to true, enables push notifications for smartphones and tablets.
Enable Sound Notifications: when set to true, enables sound notifications.
Sound Filename: sets the sound file to be used for sound notifications.

more...

Two Moving Average Crossover Alerts Serie MT5

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FREE

50 USD

Crossing of market price and moving average with all kinds of alerts and features to improve visualization on the chart. Features Crossing of market price and Moving Average (MA) at current bar or at closing of last bar; It can avoid same signals in a row, so it can allow only a buy signal followed by a sell signal and vice versa; MA can be set for any of the following averaging methods: Simple Moving Average (SMA), Exponential Moving Average (EMA), Smoothed Moving Average (SMMA), Linear-weig

30 USD

Be notified of every color change of Heiken Ashi (HA) candles. The indicator will trigger past and new signals every time that HA candles change their colors. Note : this tool is based on the code of Heiken Ashi indicator developed by MetaQuotes Software Corp. Features The signals are triggered at closing of last bar/opening of a new bar; Any kind of alerts can be enabled: Dialog Box, Email message, SMS notifications for smartphones and tablets, and Sound alerts; By default, up arrows are plot

30 USD

This indicator triggers an alert for one of the most popular methods used in Stochastic Oscillator. This is as follow: a buying alert when the Oscillator (either MAIN [%K] or SIGNAL [%D]) falls below a specific level (e.g., 20) and then rises above that level. a selling alert when the Oscillator rises above a specific level (e.g., 80) and then falls below that level. Note: this tool was developed based on the code of Stochastic Oscillator indicator included by default in MetaTrader 4 terminal

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Oluwaseyi Olakojo 2021.07.23 15:00 #

Inaccurate indicator, normal moving averages crossover lines are better off this indicator.

Version 2.0 2023.03.09

Changelog for version 2.00:

Optimized algorithm and logic for faster and more accurate results
Added new input parameters to allow for more customization and flexibility
Improved control over the program's behavior and output
Enhanced user experience and ease of use
Fixed various bugs and issues for improved stability and reliability

Version 1.12 2022.11.11

New in v1.12:
- Added the option to add custom text to alerts to differentiate them from alerts received from other indicators. New input parameter: 'Label Alert'

Version 1.11 2022.11.02

New in v1.11:
- Added the option to enable signals and alerts for buys only, sells only, or both of them.

Version 1.10 2022.11.01

Updated version 1.1