MAcrosses

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Name:
MAcrosses
Author: gery18 (2011.06.03 10:31)
Rating: 10
Downloaded: 7116
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MAcrosses 1
 MAcrosses.mq4 (5.2 Kb) View
Counts crosses off MAs, it shows % that all MAs are above slower MAs

If MA crosses above another, the indicator rises
If MA crosses under another, the indicator falls

If the indicator rises to 100%, every MA is above MAs with higher period
If the indicator falls to 0%, every MA is under 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:

  • 0 Simple moving average,
  • 1 Exponential moving average,
  • 2 Smoothed moving average,
  • 3 Linear weighted moving average

ApliedPrice = 0

Price from which calculate MAs:

  • 0 Close price.
  • 1 Open price.
  • 2 High price.
  • 3 Low price.
  • 4 Median price, (high+low)/2.
  • 5 Typical price, (high+low+close)/3.
  • 6 Weighted close price, (high+low+close+close)/4.

Can by used as a trend indicator with high values

MAcrosses 2

Can by used as an oscillator indicator with low values

MAcrosses 3

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

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