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MA TREND SG

White and blue dots indicate locations of trend reversals:

  • If the point is white - Buy trend.
  • If the point is blue - Sell trend.

Moving average has a special algorithm.

Works on all instruments and charts

After a point, the indicator draws blue and white arrows, as potential entries into the market

The parameter P = 4 - a period moving average.

  • Timeframes for H4 and D1 the value of P can be less than 4,
  • Timeframes for M30, M15, M5, M1 P value can be greater than 4.

Parameter PriceConstants - a method of calculating the price in the indicator.

You can change the prices in the indicator calculation of the indicator using PriceConstants:
  • PriceConstants = 0 - PRICE_CLOSE - Closing Price
  • PriceConstants = 1 - PRICE_OPEN - Open
  • PriceConstants = 2 - PRICE_HIGH - Maximum price
  • PriceConstants = 3 - PRICE_LOW - Lowest price
  • PriceConstants = 4 - PRICE_MEDIANL - Median price, (high + low) / 2
  • PriceConstants = 5 - PRICE_TYPICAL - Typical price, (high + low + close) / 3
  • PriceConstants = 6 - PRICE_WEIGHTED - weighted average price, (high + low + close + close) / 4

How to set up the indicator

  • Start your indicator on the chart
  • Choose from еру terminal window: Charts => Indicators List => MA TREND SG => Edit
  • Aт indicator window will appear
  • Set up parameters
  • After that create a template: Charts => Template => Save Template
forever_
24
2016.09.26 11:35 
 

I like it!

Maksym Mudrakov
8449
2016.08.30 19:28 
 

User didn't leave any comment to the rating

Version 2.0 - 2015.01.09
To control the visualization, added 3 flags: Stops, Revers and Arrow. If Stops=false, Revers=true and Arrow=true, the indicator works as version 1.

Added additional visualization of stop-loss. Stop-loss levels are determined by ATR.

In the upper left corner of the indicator gives additional comment:
* Bars - this is the number of bars at the chart.
* P - is the period of MA.
* Price Constants - this is the method for calculating price in MA.

How to set Price Constants is specified in the product description. Everything is explained in the video file on a comments page.