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MT4-Multiple MA Ind

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Multiple Moving Average (MA) indicator is used to find the direction of the trend using multiple Moving Average indicators. It calculates using the following rules:

· Ask < MA, it is SELL

· Bid > MA, it is BUY

· Ask > MA > Bid, it is None (no signal)

After you attached the indicator to a chart it will show the following information on the chart:

  1. Multiple MAs arranged by their method
  2. Buy and Sell count
  3. Summary: Conclusion

You can hide all the information displayed in the chart by setting false to Show On Chart .

Indicator Setting

MA Setting

  • Period: Number of periods
  • Method: Method
    • Simple
    • Exponential
    • Smoothed
    • Linear-Weighted
  • Price: Applied Price
    • Close
    • Open
    • High
    • Low
    • Median
    • Typical
    • Weighted

Notification Settings

  • Show Alert: Show Alert box
  • Email Notify: Send an Email