Happy Koala

Overview

Happy Koala indicator uses two sets of averages—a Short-term BBI (derived from 4 fast moving averages) and a Long-term BBI (derived from 4 slow moving averages). It color-codes these lines based on whether the price is above or below them and plots entry arrows when the short-term trend crosses the long-term trend.

 

Key Functions

  • Dual-Band BBI Calculation: This logic creates a "smoothed" trendline that is more stable than a single moving average.
  • Dynamic Color Switching:
The indicator uses two buffers for each BBI line (Blue for Bullish, Red for Bearish).
If Close > BBI, the line turns Blue.
If Close < BBI, the line turns Red.

 

  • Crossover Signal Logic:

Buy Arrow (Blue): Triggered when the Short BBI crosses above the Long BBI, provided the current price is also above the Short BBI.
Sell Arrow (Red): Triggered when the Short BBI crosses below the Long BBI, provided the current price is also below the Short BBI.
Arrows are offset by 20 points from the High/Low to remain visible on the chart.


Support

    If you have questions or want to share suggestions, please leave your comment or contact through the MQL5 messaging system.

     


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    The FFx Dashboard MTF alerter will show you on a single chart all the timeframes (M1 to Monthly) with their own status for the indicator. 2 Alert Options: Single timeframe: each selected timeframe alert separately when a signal occurs Multi timeframes: all selected timeframes must agree for an alert to be triggered Both options have an input to select the timeframes to be used for the alert(s). How to understand the status: Green/Red square: Stoch above/below 50 line Green square + Red border:
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    Göstergeler
    The FFx Dashboard MTF alerter will show you on a single chart all the timeframes (M1 to Monthly) with their own status for the indicator. 2 Alert Options: Single timeframe: each selected timeframe alert separately when a signal occurs Multi timeframes: all selected timeframes must agree for an alert to be triggered Both options have an input to select the timeframes to be used for the alert(s). How to understand the status: Green/Red square: Price above/below Cloud (Kumo) Green square + Red bo
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    Göstergeler
    The FFx Dashboard MTF alerter will show you on a single chart all the timeframes (M1 to Monthly) with their own status for the indicator. 2 Alert Options: Single timeframe: each selected timeframe alert separately when a signal occurs Multi timeframes: all selected timeframes must agree for an alert to be triggered Both options have an input to select the timeframes to be used for the alert(s). How to understand the status: Green/Red square: MA pointing Up/Down Green square + Red border: MA po
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    Eric Venturi-Bloxs
    Göstergeler
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    Göstergeler
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    Göstergeler
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    Göstergeler
    The FFx Dashboard MTF alerter will show you on a single chart all the timeframes (M1 to Monthly) with their own status. 2 Alert Options: Single timeframe: each selected timeframe alert separately when a signal occurs Multi timeframes: all selected timeframes must agree for an alert to be triggered Both options have an input to select the timeframes to be used for the alert(s). How to understand the status: Green/Red square: bullish/bearish candle Options available in the FFx Dashboard Alerter
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