• Overview
  • Reviews (6)
  • Comments (35)
  • What's new

Moving average crossover scanner MT5

This indicator can identify the following 5 crosses:

  • when a fast moving average crosses a slow moving average line.
  • when price has reached a single moving average (closed above/below or just bounced).
  • when a triple moving average formation has appeared (all 3 MA:s in consecutive alignment)
  • when the MACD main line crosses the signal line.
  • when the signal line crosses the MACD zero(0) line.
Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system

Features

  • The indicator can write the signals to a file which can be used by an Expert Advisor for auto trading. For instance this product.
  • Can monitor selected symbols visible in your Market Watch window at the same time. Apply the indicator to just one chart and instantly monitor the entire market.
  • Monitors every time frame, from M1 to MN, and sends you a real-time alert when a crossover has been identified.
  • Can use RSI as an additional trend filter.
  • The indicator includes an interactive panel. When clicking on an item, a new chart will be opened with the symbol and time frame in question.

It is enough to place the indicator on one chart and you will receive an alert from any symbol and any time frame of your choice.

Please note that due to the multi-time frame functionality neither buy/sell advice nor MA lines will be drawn on the chart.

I strongly recommend to put the indicator on a clean (empty) chart without any other indicators on it which could interfere with the scanner.


Input parameters

Please find the description and explanation of the input parameters here.


Please check out my other Moving Average products:

Trend dashboard

      Reviews 6
      Devonish
      1643
      Devonish 2021.01.15 07:14 
       

      Excellent tool. Friendly advice and support.

      AlianceTrad
      104
      AlianceTrad 2020.11.13 11:40 
       

      very good indicator I recommend :-) I purchased Multi oscillator divergence, very nice indicator ;-)

      Robby Wijaya
      185
      Robby Wijaya 2020.05.10 16:29 
       

      This indicator is great and really make the game more attractive, the developer also very helpful and responsive, thanks Mr.Flodin

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      Filter:
      Devonish
      1643
      Devonish 2021.01.15 07:14 
       

      Excellent tool. Friendly advice and support.

      MT5_Screener49
      49
      MT5_Screener49 2020.12.25 15:48 
       

      Hi Jan, A few months ago I installed your Moving average crossover scanner MT5. Initially it was working well, while recently the indicator disappeared from my charts and does not reinstall. Since a few days I cannot reload the indicator onto any of my charts, even new charts. When downloaded the indicator went by default in the “Navigator” window section “Market”. From there none of these (Market) indicators can be loaded. All other indicators are loaded as usual and working correctly. Is there a procedure to restore the Moving average crossover scanner MT5 ? Much thanks and kind regards, Jean

      AlianceTrad
      104
      AlianceTrad 2020.11.13 11:40 
       

      very good indicator I recommend :-) I purchased Multi oscillator divergence, very nice indicator ;-)

      Abdul Hakeem
      473
      Abdul Hakeem 2020.09.26 19:51 
       

      User didn't leave any comment to the rating

      Robby Wijaya
      185
      Robby Wijaya 2020.05.10 16:29 
       

      This indicator is great and really make the game more attractive, the developer also very helpful and responsive, thanks Mr.Flodin

      Maxwell Onyolu
      253
      Maxwell Onyolu 2020.05.03 02:23 
       

      Friendly Developer and a great tool to add to my trading arsenal!

      Reply to review
      Version 1.8 2020.09.23
      - added the possibility to add the MA lines and well as the MACD indicator on the chart which opens up when you click on a signal in the panel
      Version 1.7 2020.09.05
      *** Please always make a backup of the existing indicator (the .ex5 file) before you make an update ***

      This is not a mandatory update if everything is already working as it should.

      - added the possibility to add a custom text to the pop-up, push and mail alerts.
      - minor improvements
      Version 1.6 2019.11.20
      - added the possibility to write the signals in the panel to a file. Could for instance be used by an Expert Advisor for automatical trading. For instance this product: https://www.mql5.com/en/market/product/43820
      Version 1.5 2019.09.16
      Please always make a backup of the current indicator (the .ex4 file) before you make the update.
      The following changes have been made in this version:

      - added the possibility to enable a moving average major trend filter
      - added the possibility to scan for cases when the price has reached the second (slow) MA
      Version 1.2 2019.02.27
      - corrected the pop-up alert text for bounce alerts. Was showing the slow MA instead of fast MA.
      Version 1.1 2019.02.19
      - added a candle shift option for selecting the alert delay
      - added support for the Strategy tester
      Added MACD scanning:
      - alert at lines crossover (main line crosses signal line)
      - alert at zero(0) line cross
      - upon customer request I have changed the alert text to show it like fast MA/slow MA instead of slow MA/fast MA. For example 8/21 instead of 21/8.
      - added a smiley in the upper right corner of the chart showing that the indicator is up and running properly
      - added the possibility to set a custom panel title
      - added the possibility to scan for triple MA crosses
      - added 2 different possibilities to scan for cases when the price has reached a single MA
      - added an option to use symbols from the Market Watch window instead of the symbols written in the Symbols parameter