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Multi Moving Average
3.0/5 (11 votes)

Multi Moving Average - is the indicator that displays the information about four moving averages in a separate chart.

 


The indicator has very useful settings: global variables are made in the input parameters of each of the four MA separately:

* Averaging period (period).
* Method of calculating the moving average (ma_method).
* Price used to calculate the moving average (applied_price).

and flexible options of a text label:

* Set text label (bool).
* Vertical shift of a text label (double).
* Horizontal shift of a text label (int).
* Coloring of a text label appears on the Status of MA relative to the price Bid: above / below.

The idea of the indicator was born when you try to display as much as possible to "unload" the price charts. In particular this applies to moving average - it was necessary to remove them from the chart and at the same time maintain the necessary information. Thus, this indicator has three functions.

1. Displays the current state of the moving average – growth or falling. (colouring in the appropriate color)
2. Shows the position of the moving average relative to the price (or MA with period 1) - above or below. (color of text labels in the appropriate color)

Thus, specifying periods of MA "harder" and "easier", you can define the general trend in the market, while leaving the price chart clear!

New features:

* Possibilities of MTF.
* Visual alarm on the coincidence of the direction of the four MA.
* Sound (Alert) alarm on the coincidence of the direction of the four MA.

The indicator has very useful settings:

* The time interval (Time Frame). 1 = M1; 5 = M5; 15 = M15; 30 = M30; 60 = H1; 240 = H4; 1440 = D1;
* The period of averaging (Averaging period).
* Method of calculating the moving average (Averaging method). 0 = SMA; 1 = EMA; 2 = SSMA; 3 = LWMA;
* Price used to calculate the moving average (The type of the price used for calculaton of Moving Average).
0 = CLOSE, 1 = OPEN, 2 = HIGH, 3 = LOW, 4 = MEDIAN, 5 = TYPICAL, 6 = WEIGHTED

Multi Moving Average

Visual alarm on the coincidence of the direction of the four MA. (Fill the field indicator def. Color). (RangeGraphic)

Sound (Alert) alarm on the coincidence of the direction of the four MA. (RangeAlert)

Type of visualization: 0 = squared, 1 = rectangle, 2 = point. (BarWingdings)

Flexible settings of a text label:

Set text label (ShowLabel).
Vertical shift of a text label (V_Shift).
Horizontal shift text label (H_Shift).
Paint text label appears on the Status of MA relative to the price Bid: above / below.

 
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