Multi MA Distance Signal

Multi MA Distance Signal Indicator is a no-nonsense, no delay, no repaint indicator !

Moving Average distance together with a trend filter is a 'simple', but very powerful and reliable signal.

The current moving average distance for both a slow and a fast moving average is compared with the past MAD values.

For two moving averages, all the distances between the Close price and the moving average (MAD) over a selected period of time are compared with the current MAD "Moving Average Distance".

If the price comes within the highest/lowest percentage range of that period for both slow and fast moving average MAD, a buy/sell signal is triggered.

Inputs in the parameters :

- Moving Average to identify a price reversal (trend filter)

- Fast Moving Average and Slow moving average period and mode

- The time period to calculate in the past (Number of bars back to use for the collection of data)

- The required percentage range


For backtesting, both periods are lower than 100, but his can can change for live running.

The indicator works on any instrument or any timeframe.

There is a demo version of this indicator available to use in Strategy tester.

You will immediately notice the use and the effectiveness of this indicator.

Thanks for sharing, if you are happy please leave a positive review and a comment.

Don't hesitate to contact me for support, issues or in case you are not happy.

IMPORTANT : The signals provided by this indicator are NOT the same as Bollinger Bands signals.

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# CurrencyMeter Pro - Professional Multi-Market Strength Analyzer ## Overview CurrencyMeter Pro is a powerful real-time momentum analyzer that tracks the strength of currencies, cryptocurrencies, indices, metals, and energy markets at a glance. Make smarter trading decisions by instantly identifying the strongest and weakest instruments across multiple asset classes. Whether you're a forex trader looking to pair strong currencies against weak ones, or a multi-asset trader seeking momentum co
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Trading Special – 40% OFF Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a secret formula. With only ONE chart it gives Alerts for all 28 currency pairs. Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity! Built on new underlying algorithms it makes it even easier to identify and c
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