DASHBOARD ALERTS
Indicator no1. EMA 40 (not default- will still be changeable in source file)
Indicator no2. EMA 55 (not default- will still be changeable in source file)
EMA 1. pink in colour
EMA 2. Blue in colour
Both EMA represent the market trend
When blue EMA is below pink EMA the trend is bullish
When blue EMA is above pink EMA trend is bearish.
A 2 line MACD will be used in conjunction with the EMAs
- MACD will consist of Blue and red line. MACD line & signal line
- This 2 lines will also be working like the above EMAs as an indication of trend
- RED will represent signal line
- BLUE will represent MACD line
Parameter for MACD. 12,26,9 (not default- will still be changeable in source file)
These EMAs[ Labelled [KING] will be working hand in hand with MACD [QUEEN] of which when MACD [QUEEN] is in sync with the moving EMAs[KING], then the overall trend is detected,
[KING] BULLISH [QUEEN] BULLISH = [TREND] BULLS ZONE
[KING] BULLISH [QUEEN] BEARISH = [TREND] CONSOLIDATION
[KING] BEARISH [QUEEN] BEARISH = [TREND] BEARS ZONE
M1 M15 15 M30 H1 H4 D1
The indicator will use the quarter of round number levels as support & resistant
For instance if the signal alert was on 1.0500 the next signal level will be 1.0600
1.0500 to 1.0500 [1000 points]
1.0500 to 1.0550 [500 points]
1.0500 to 1.0250 [250 points ]
MT5 [TPL-DASHBOARD ALERT] 2025
Entries criteria of the EA
Long/buy signal alert
When price is above support level or entered a resistance level, the EMAs and MACD are in sync with same direction (BULLISH)
Signal text(when price is @ support level), a “strong support BUY opportunity detected at (price) e.g 1.0500
Signal text(when price is @ resistant level), a “weak resistant BUY opportunity detected at (price) e.g 1.0500
Short/sell signal alert
When price is below resistant level or entered a resistance level, the EMAs and MACD are in sync with same direction (BEARISH)
Signal text(when price is @ resistant level), a “strong resistant- SELL opportunity detected at (price) e.g 1.0500
Signal text(when price is @ support level), a “weak support SELL opportunity detected at (price) e.g 1.0500
Signal alert will only happen when MACD and EMAs are in SYNC or are pointing same direction trend.
Inputs:
· Take profit: in points
· Stop loss: in points
· Points to next level: 0-1000[please factor in decimals] FX and INDICES
· H4 TREND: TRUE/FALSE
· Trading Time:
[Only one signal alert a day per candle and per timeframe
H4 signal filter TRUE/FALSE.( when this option is on. The indicator will only issue alerts based on the direction of the H4. E.g when this option is on, the indicator will only issue signals using the H4 direction. Buys only or sells only on the other lower time frames]
Trading Time:
THE INDICATORS MUST NOT APPEAR ON THE CHART
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