- June 13, 2013
- Posted by: Forex Wiki Team
- Category: Free Forex EA
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Author: | gery18 (2011.06.03 10:31) | ||
Rating: | 10 | ||
Downloaded: | 7116 | ||
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Counts crosses off MAs, it shows % that all MAs are above slower MAs
If MA crosses above another, the indicator rises If the indicator rises to 100%, every MA is above MAs with higher period You set the maximal MA and the step between the MAs MAcrosses inputs: MAmax = 50 the maximal MA Step = 5 the step of periods berween MAs MAavg = 20 period to calculate moving average from MAcrosses MAmethod = 1 MA moving average method:
ApliedPrice = 0 Price from which calculate MAs:
Can by used as a trend indicator with high values Can by used as an oscillator indicator with low values I made up this indicator and did not test it for a long time, be creative. If you come up with an concept that could work, or some ideas with this indicator I would appreciate if you share it here with others |