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Cross MAs Trend Entry

This cross MA and trend line indicator defines entries based on fast and slow MA and on the previous bot or top. The entry is displayed together with indicative prices for target and stoploss. It also gives a indicative pending sl and tp in case you set a reverse stop order.

The prices are based on tops and bots from my strategy which I use in my other indicator - https://www.mql5.com/en/market/product/56045.

The entry shows you if a correction is strong and will become reverse trend or if the correction is weak and the trend will continue. Based on that, I prefer to open straight order on the trend direction and to set pending order (on the stoploss price) in the opposite direction. This way you will profit no matter in which direction the price will go. Set the pending lots at least to cover your loss from the straight position.


! Before using the indicator please optimize it in the strategy tester for your symbols. For some symbols slow MA 400 may work, for another slow MA 300 will work, etc.


Input parameters:

  • MA1 period (Slower)
  • MA2 period (Faster)
  • MA1 shift
  • MA2 shift
  • MA1 method
  • MA2 method
  • MA1 price
  • MA2 price
  • Start time of trading - from what time to start looking for entry
  • End time of trading - when to stop looking for entry
  • Font size of the texts
  • Color of the texts
  • Distance from the bar
  • Text displayed for the entry


Notes:

  • the indicator does not draw the MAs (to keep the chart clean). But you can always add them manually
  • the indicator does not draw my tops and bots (if you want to use them for your strategies, you can check my other indicator)
  • If sell order should be open the Entry is displayed above the closed bear bar
  • If buy order should be open the Entry is displayed below the closed bull bar
  • It works on the timeframe on which is the symbol currently
  • It displays all your previous entries on initialization
  • There is no strategy that works constantly, so optimize the parameters often
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CURRENTLY 20% OFF !! ⭐⭐⭐⭐⭐  Best Solution for any Newbie or Expert Trader! This dashboard software is working on 28 currency pairs. It is based on 2 of our main indicators (Advanced Currency Strength 28 and Advanced Currency Impulse). It gives a great overview of the entire Forex market. It shows Advanced Currency Strength values, currency speed of movement and signals for 28 Forex pairs in all (9) timeframes. Imagine how your trading will improve when you can watch the entire market using a sin
199 USD
Indicator iPump
Sergei Lanin
The iPump indicator is a universal indicator that  combines the advantages of three types of indicators.  You get 3 indicators in 1 product. multi-step trend detection  (trend indicators) determination  of resistance and support levels  (levels indicators) definition of overbought and oversold zones  (oscillators indicators) 👉 Instructions for the iPump indicator https://www.mql5.com/en/blogs/post/732102 The indicator appeared in the process of many years of working with financial assets.  Th
89 USD
Monster Harmonic Indicator
Paul Geirnaerdt
Monster Harmonics Indicator is a harmonic pattern indicator. It recognizes Gartley, Bat, Crab, Butterfly, Cypher, White Swan, Black Swan, Shark and several other patterns. Projected patterns that are not yet completed are recognized, too. Monster even shows the PRZ (Potential Reversal Zone). Users can add their own user defined patterns to Monster. Besides the current pattern, Monster also shows all patterns in the symbols history. Monster will provide alerts for developing patterns. Introduced
79 USD
Divergence Scanner For Multi Pair And MTF
ScorpionFX
(FOR MT4)   Divergence Scanner Multi Pair And Multi Time Frame :   This indicator has been designed to automatically identify when a divergence occurs between price and an oscillator. It can identify both bull and bear divergence and it is already loaded with four of the most popular oscillators. You can choose from RSI, MACD, Stochastics and CCI. IMPORTANT FACTORS TO KEEP IN MIND: When a divergence occurs, it means that price and momentum are not in agreement. And divergence signals are widel
79 USD
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Versión 1.1 2020.10.20
Changed the distance input parameter to be in points, so it is more compatible to different charts.
Fixed bug that when remove indicator it removed all objects on the chart. Now it removes only the entry texts