• Overview
  • Reviews (5)
  • Comments (16)
  • What's new

Advanced Moving Average Crossover Scanner

This scanner shows the trend values based on crossovers of two moving averages for up to 30 instruments and 8 time frames. You can get alerts via MT4, Email and Push-Notification as soon as the direction of the trend changes.


Important Information

How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718074


You have many possibilities to use the scanner. Here are two examples:

  1. With this scanner you can trade a top-down approach easily. If two higher time frames e.g. W1 and D1 are already showing green values (upward trend) but the H4 time frame shows a red value (downward trend) then you can press the H4 button to get alerted when the value of the H4 time frame changes to green value. These signals can be good trend continuation entries.
  2. You can also use this scanner for entry signals into MACD divergences. E.g. a bullish divergence exist on H4 but the SuperTrend values of the time frames H4 and H1 are still showing red values, then you can get alerts in the moment when the H4 or H1 value changes to green. These signals can be good entries in direction of the divergence.


Parameters

  • slowMA_Period: the period setting for the slow moving average
  • slowMA_Shift: the shift value of the slow moving average
  • slowMA_Method: the calculation method for the slow moving average
  • slowMA_Price: the price value which is used to calculate the slow moving average
  • fastMA_Period: the period setting for the fast moving average
  • fastMA_Shift: the shift value of the fast moving average
  • fastMA_Method: the calculation method for the fast moving average
  • fastMA_Price: the price value which is used to calculate the fast moving average
  • alertsViaMT4: True = Yes, False = No - if true, then the indicator gives alerts via MetaTrader 4 popup
  • alertsViaEmail: True = Yes, False = No - if true, then the indicator gives alerts via email
  • alertsViaPush: True = Yes, False = No - if true, then the indicator gives alerts direct to your mobile phone
  • templateName: - if you press a button on the chart (which contains the name of an instrument), then the appropriate chart will open and a template with the specified name will be attached
  • checkEveryXSeconds - every X seconds, the indicator checks the next instrument/timeframe for the values of the moving averages
  • i1-i30 - define up to 30 instruments, which will be monitored/checked
Reviews 5
Rexmer Pateno
166
Rexmer Pateno 2020.12.03 07:43 
 

with lots of testing because I thought it was the indicator or my hardware or my mt4, turns out it was my broker having issues, the indicator is super helpful on higher time frames h4, daily, weekly with great accuracy which is great for my strategy because i focus on h4 for my entries. but is laggy with alerts on the lower time frames alerting like 3 minutes after the crossover of the 5 ema and 10 ema on the minute and 5 minutes time frame, I will update if this issue is my broker but for now my broker isn't having any issues, all in all glad I purchased it I am watching 90 pairs which is great for saving time and energy pulling up individual charts, now I just wait for the alert on the h4 in the direction of the daily and weekly trends so thanks for the great work, if it wasn't laggy on the lower time frames it would have gotten 5 stars, also I message the creator and no response, so these things caused a 3 star rating will update in a month or so and if all is well and not lagging on lower time frames and the creator responds I will raise my star rating

the author to the scanner got back with to me with quick 24 hour response and gave great advice to solve the lag on the lower time frames,

-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Hi. The delay comes from the duration until the scanner iterates through every instrument/timeframe combination

If you want to trade lower time frames then please run the scanner on e.g. 4 charts with different settings.

1. chart: scan only the first 7 instruments

2. chart: scan 7 other instruments

3. chart: scan 7 other instruments

4. chart: scan 7 other instruments

This will make the alerting 4 times faster

-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

so with this and my broker not having issues i am very pleased with the scanner so far and updated my star rating to 5 thank for the hard work and help mike

triplecrown
138
triplecrown 2019.10.11 20:53 
 

This is Exactly what I needed for trading the daily trend directions At a glance you see where the market is going across all the pairs. Also you can be alerted of a change in the time frame that most interest you for prompt trade set up. Thanks

david mackay
4025
david mackay 2019.03.23 23:46 
 

I trade 28 pairs on an 'always in the market' basis using the 60 minute or 240 minute charts.

That method requires constant monitoring of the charts, very tough to do with so many charts.

This MA Cross Scanner is a godsend to my trading, gives me a good boost to my income.

Just try the free version for a couple days and you will see what I mean.

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Rexmer Pateno
166
Rexmer Pateno 2020.12.03 07:43 
 

with lots of testing because I thought it was the indicator or my hardware or my mt4, turns out it was my broker having issues, the indicator is super helpful on higher time frames h4, daily, weekly with great accuracy which is great for my strategy because i focus on h4 for my entries. but is laggy with alerts on the lower time frames alerting like 3 minutes after the crossover of the 5 ema and 10 ema on the minute and 5 minutes time frame, I will update if this issue is my broker but for now my broker isn't having any issues, all in all glad I purchased it I am watching 90 pairs which is great for saving time and energy pulling up individual charts, now I just wait for the alert on the h4 in the direction of the daily and weekly trends so thanks for the great work, if it wasn't laggy on the lower time frames it would have gotten 5 stars, also I message the creator and no response, so these things caused a 3 star rating will update in a month or so and if all is well and not lagging on lower time frames and the creator responds I will raise my star rating

the author to the scanner got back with to me with quick 24 hour response and gave great advice to solve the lag on the lower time frames,

-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Hi. The delay comes from the duration until the scanner iterates through every instrument/timeframe combination

If you want to trade lower time frames then please run the scanner on e.g. 4 charts with different settings.

1. chart: scan only the first 7 instruments

2. chart: scan 7 other instruments

3. chart: scan 7 other instruments

4. chart: scan 7 other instruments

This will make the alerting 4 times faster

-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

so with this and my broker not having issues i am very pleased with the scanner so far and updated my star rating to 5 thank for the hard work and help mike

Dionissios Manolemis
43
Dionissios Manolemis 2019.11.24 07:00 
 

I have purchased the two Indicators from the same author.

1. “Advanced moving average crossover scanner” and

2. “Supertrend scanner”.

Now I have two powerful tools to select successfully my Entries and Exits.

Thanks to these two indicators, I have improved my successful trends 83% during only in 7 days.

So I highly recommended these applications to any trader.

Thanks.

triplecrown
138
triplecrown 2019.10.11 20:53 
 

This is Exactly what I needed for trading the daily trend directions At a glance you see where the market is going across all the pairs. Also you can be alerted of a change in the time frame that most interest you for prompt trade set up. Thanks

david mackay
4025
david mackay 2019.03.23 23:46 
 

I trade 28 pairs on an 'always in the market' basis using the 60 minute or 240 minute charts.

That method requires constant monitoring of the charts, very tough to do with so many charts.

This MA Cross Scanner is a godsend to my trading, gives me a good boost to my income.

Just try the free version for a couple days and you will see what I mean.

soultrader2004
155
soultrader2004 2018.12.24 18:30 
 

great tool - i just gotta play with the right settings now :)

suggestions:

1) make button color an option - i'm color blind

2) add single checkbox above timeframes so you can choose all - example all alerts on 30 mins

3) make chart colors an option - i'd much rather have a black background than the glaring white

4) option for a 3rd moving average - i.e 10 above 20 above 200

Reply to review
Version 1.5 2019.10.06
Small bug fix regarding: Automatic detection of "suffix" and "prefix" in instrument name
Version 1.4 2019.10.02
Automatic detection of "suffix" and "prefix" in instrument name
Version 1.3 2019.10.01
Changes in pre-configured instrument names.
Version 1.2 2018.05.29
Automatic setting of chart properties like colors and scale fix. Better user experience. No manual configuration of the chart properties needed anymore.