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Multiple MA by Hitz

Multiple Moving Average (MA) indicator is used to find the direction of the trend using multiple Moving Average indicators. It calculates using the following rules:

  • Ask < MA, it is SELL
  • Bid > MA, it is BUY
  • Ask > MA > Bid, it is None (no signal)

After you attached the indicator to a chart it will show the following information on the chart:

  1. Multiple MAs arranged by their method
  2. Buy and Sell count
  3. Summary: Conclusion

You can hide all the information displayed in the chart by setting false to Show On Chart.

Blog: https://www.mql5.com/en/blogs/post/717793


Indicator Setting

MA Setting

  • Period: Number of periods
  • Method: Method
    • Simple
    • Exponential
    • Smoothed
    • Linear-Weighted
  • Price: Applied Price
    • Close
    • Open
    • High
    • Low
    • Median
    • Typical
    • Weighted

Notification Settings

  • Show Alert: Show Alert box
  • Email Notify: Send an Email

Display Setting

  • Display: Shows the indicator information on chart
  • Location: Location of the display window
    • Top-Left: Display all the details in top-left place
    • Bottom-Left: Display all the details in bottom-left place
  • Font Size: Size of the font
  • Buy Color: color used to show buy
  • Sell Color: color used to show sell
  • Other Color: General Color
  • Header/Footer Color: Header and footer color of display window
  • Background Color: Background color of display window
  • Position X: X-axis position of display window
  • Position Y: Y-axis position of display window


Author

Connect with me at https://www.mql5.com/en/users/hitaroratrader

You can contact me for:

  1. Any bug fixing or clarification in the indicator.
  2. New additions to the indicator.
  3. Automating the indicator based on your strategy.
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