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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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¡TakePropips Donchian Trend Pro   (MT4) es una herramienta poderosa y efectiva que detecta automáticamente la dirección de la tendencia utilizando el Canal Donchian y le proporciona señales comerciales de entrada y salida! Este indicador multifunción incluye un escáner de tendencias, señales comerciales, panel estadístico, filtro, sesiones comerciales y panel de historial de alertas. ¡Está diseñado para proporcionarle señales comerciales y ahorrarle horas analizando los gráficos! Puede descargar
Este indicador ha sido diseñado para integrarse con la teoría de las Ondas de Elliott, proporcionando dos métodos distintos de operación: Trabajo Automático: En este modo, el indicador opera de manera autónoma al detectar las cinco ondas motrices en el gráfico de acuerdo con la teoría de las Ondas de Elliott. Ofrece predicciones e identifica zonas potenciales de reversión. Además, tiene la capacidad de generar alertas y mensajes push para notificar a los traders sobre desarrollos significativos
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Versión 2.0 2020.05.26
Corrected version