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SMA Color Indicator


[DESCRIPTION]

A Simple Moving Average with period 20 that changes color to green when the price is above the moving average and to red when the price is below the moving average. A simple moving average (SMA) calculates the average of a selected range of prices (closing prices), by the number of periods in that range. The SMA is a technical indicator that can aid in determining if an asset price will continue or reverse a bull or bear trend

[WARNING AND RECOMMENDATIONS]

  • Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors.
  • Past performance is no guarantee of future results.
  • No one can predict the future, but we can only analyze historical data to build a successful forecasting system.
  • Risk Management is very important.
  • Recommended to test the indicator on a demo account before using the indicator with Live account.
  • Recommended to use Stop Loss, Trailing Stop, and Trailing Stop with Break-Even. 
  • In the case of unusual events like financial crises, Elections, World Wars, Pandemics; it is not recommended to do any trades, be careful you have to manage the risk properly.

[MAIN FEATURES]

  • Period 20 that changes color to green when the price is above the Simple Moving Average.
  • Period 20 that changes color to red when the price is below the Simple Moving Average.
  • Easy to use and manage.
  • The indicator is very simple and intuitive even for beginners.
  • Works with any trading symbols: Forex pairs, Indices, Commodities, CFDs, or Crypto.
  • Noise Filtering.
  • No Repaint.
  • The indicator shows in the Chart Window.
  • Audible Alerts is Enabled by Default so you can hear a sound and you can see a popup message every time a new arrow appears.
  • You can turn on and off the Audible Alerts.

[OBSERVATIONS]

  • Works with any Time-Frame M1, M5, M15, M30, H1, H4, D1, W1, MN

[NOTE]

All suggestions/feedback are appreciated


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DiNapoli Fibo Overbalance Multi Tool
Jarek Paciorek
It is a tool for technical analysis. It allows you to make measurements: Fibo, including the search for clusters Fibo levels (by the DiNapoli method) Overbalance Trend line Selecting S/D levels Input parameters Trend_Color - color of the trend line Trend_Width - width of the trend line Trend_info - if true, along with the trend line additional information is displayed (low, high, medium of the trend line) Trend_info_color_up_dn - color of the text describing the trend line Trend_info_font_up_d
35 USD
PipTick Correlation MT4
Michal Jurnik
PipTick Correlation shows the actual correlation between the selected instruments. The default setting is set to 28 currency pairs, gold and silver, but the indicator can compare any other symbols. Interpretation of the indicator Positive correlation (corellation is above 80 %) Negative correlation (corellation is below -80 %) Weak or no correlation (corellation is between -80 and 80 %) Main features The indicator shows actual correlation between the selected instruments Simple comparison of
67 USD
Symbol Switch
ISO Financial Services
With Symbol Switch you can easily change the symbol of all open charts without losing your analysis or template. Easily monitor many symbols with only one monitor. Auto save\load analysis separately for each symbol (including all graphical analysis and attached indicators). The indicator shows the symbols which are visible in your MT4 "Market Watch" window. To add\remove a symbol just add\remove it from MT4 "Market Watch" window. Monitoring all symbols profit with the panel. Works with all broke
31.75 USD
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