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Moving Average Trend Alert MT4

5

Moving Average Trend Alert is a triple MA indicator that helps traders to identify potential market trends based on 3 MAs alignment and crossover.


Moving Average Trend Alert features:

  • Customizable short-term, medium-term, and long-term MAs.
  • Option to filter signals based on a minimum distance between moving averages to avoid premature MAs alignment.
  • Optional Filter of signals with RSI indicator overbought/oversold levels.
  • Optional Filter of signals with ADX indicator.
  • Popup, email, and phone notification alerts for selected symbols and timeframes.


Some Notes:

  1. Note that if you enable the distance or ADX filter, the indicator might not give an immediate MA cross signal. 
  2. The signals of this moving average indicator are not Buy/Sell signals. They indicate a potential market trend that should be checked. The classic trend following approach is to find a strong trend then look at lower timeframes for a pullback or breakout trade setup in the direction of the main trend. If you have a particular MA trading system you can set up the indicator accordingly to get buy/sell signals. 
  3. If you want 2 MAs setup, set the long MA period to zero.
  4. By default, the indicator checks moving averages and doesn't consider the current price position relative to MAs. If you want that set the short MA period to '1' then it resembles the price.

Settings

MA Settings

Set short, medium, and long MAs period, method, and applied price in this section.

Signal Settings

Filter mid-trend signals: If enabled the indicator tries to filter mid/late trend signals. It alerts only if a new signal generates in the opposite direction.

Signal after candle close: If true dashboard waits until the close of the current candle and then checks the signal.

Distance Filter Settings

MAs Distance Filter (Based on ATR):  Set a minimum distance between MAs based on ATR value with 3 modes: between all 3 MAs, between short and medium MAs, and between Medium and long MAs. Set MAs Distance Filter to 'None' if you don't want to use it.

ATR period: Set the period of ATR used in the distance filter.

Distance(ATR) Multiplier: Set a multiplier for ATR used in the distance filter.

For example if you set MAs Distance Filter to "Between all 3 MAs", ATR period to 20 and multiplier to 0.5 (default values), the dashboard only signals when 3 MAs are aligned and  the vertical distance between them is equal to the ATR indicator value multiplied with "0.5".

RSI Filter Settings

By setting the RSI Filter to true the moving average dashboard filters the signal when RSI is above 70 in an uptrend and below 30 in a downtrend.

ADX Filter Settings

Set the ADX Filter to true if you want to filter signals using the ADX indicator main signal line value. Input the ADX period and ADX signal level values in their fields. 

Other Settings

Number of candles to look back in chart: Set here how many bars you want to check for drawing history signals.

Popup Alert: To enable MT4 alert window informing dashboard signals on a symbol and timeframe. Select symbols and timeframes that you want to get alert for them by ticking their checkboxes on the panel.

Phone Notification: To receive indicator alerts on the cell phone. For this to work you must enable and fill the MetaTrader push notification settings from the Notifications tab on the MetaTrader options dialog (ctrl+o).

Email Alert: To receive indicator alerts via email. For this to work you must enable and fill the MetaTrader email settings from the Email tab on the MetaTrader options dialog (ctrl+o).


Dashboard: Moving Average Trend Scanner MT4

MT5 version here


Reviews 4
Marek Pastier
24
Marek Pastier 2024.02.14 10:28 
 

I am surprised by the quality of this indicator. You need to play with the settings for your trading style.

Behzad Mohebali
81
Behzad Mohebali 2022.11.27 06:37 
 

An excellent and efficient tool Along with a professional and committed developer.

Hoping to add more features to this tool.

good luck

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The trend detection indicator will compliment any strategy and can also be used as an independent tool. Be careful i not sell EA or sets at telegram it scam. All settings free here at   blog .  IMPORTANT! Contact me immediately after the purchase to get instructions and a bonus! Recomedation for work with indicator #8 Benefits  Easy to use; does not overload the graphic wih unnecessary information. The ability to use as filter for any strategy. Contains bult -in dynamic levels of cupport and res
Gold Stuff
Vasiliy Strukov
4.86 (247)
Gold Stuff is a trend indicator designed specifically for gold and can also be used on any financial instrument. The indicator does not redraw and does not lag. Recommended time frame H1. At it indicator work full auto  Expert Advisor EA Gold Stuff. You can find it at my profile. Contact me immediately after the purchase to get   personal bonus!  You can get a free copy of our Strong Support and Trend Scanner indicator, please pm. me! Settings  and manual here   SETTINGS Draw Arrow - on off. dra
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xlxAxlx
1412
xlxAxlx 2024.08.03 07:50 
 

User didn't leave any comment to the rating

Marek Pastier
24
Marek Pastier 2024.02.14 10:28 
 

I am surprised by the quality of this indicator. You need to play with the settings for your trading style.

Raymond Clemens
144
Raymond Clemens 2023.04.09 17:49 
 

Like you said an excellent tool.

Behzad Mohebali
81
Behzad Mohebali 2022.11.27 06:37 
 

An excellent and efficient tool Along with a professional and committed developer.

Hoping to add more features to this tool.

good luck

Reply to review
Version 3.1 2023.04.06
- Minor bug fixed.
Version 3.0 2023.02.01
- New option: "Filter mid-trend signals" added to the settings. With this enabled the indicator tries to not alert on mid/late trend signals.
- Some graphic tweaks.
- Performance improvement.
Version 1.10 2023.01.17
- Minor bug fixed.