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Moving Average Advanced

the Advanced MOVING AVERAGE indicator

This is a formula of moving average based on support and resistance levels

Two Colors indicator : UP trend --> Green

                                Down trend -->Red

Arrows UP/Down are shown for trend reversal indication 

ALERTS and mobile Push NOTIFICATIONS 

Simple Strategy : 

BUY on price over new green line

Sell on price under new red line


Works on any TIMEFRAME

MAin Input for calculation :  index = 20.. 50..100..500 ... 1000 (Lower time frame -> Higher index value and vice versa )

example for M1 : use 1000 or higher  ... for M5 use 500 ... for M30 use 50 ... for H1 use 30 ......

 

secondary Drawing Inputs:         Start point = 100 .. 500 ..1000 ..5000  ( start point in bars of indicator drawing)

drawing line thickness  = 1,2,3...

Candle Volume to draw = min 2 ( to draw at candle opening and minimize cpu usage )




 

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