‘MA7 Hypnum’ indicator – Other – April 2, 2024
Description of work
The ‘MA7 Hypnum’ indicator is based on the standard Commodity Channel Index (CCI) indicator. Shows overbought and oversold areas.
Features of work
This indicator works depending on the device installed and for how long. The data is analyzed from closed candles, so the arrows are not redrawn.
Additional features
Notification when arrow appears.
Indicator settings
General settings
period
This parameter sets the period of time for the CCI indicator. It is measured in candles (bars). The parameter must be greater than 0.
apply
The parameter sets the price type used to calculate the CCI indicator. You can select your desired price type from the list.
upper level
This parameter sets the upper level that defines the oversold zone. The parameter must be greater than 0.
low level
This parameter sets the lower level that defines the overbought area. The parameter must be less than 0.
Message Settings
Send message to terminal (Alert)
This parameter sets permission to send messages to the terminal using the Alert feature.
Send message to mobile terminal (Push)
This parameter sets the permission to send messages to mobile devices using push notifications. The Send Messages permission must be enabled in terminal settings. Read the manual.
Send message by email
The parameter sets the permission to send messages by email. The Send Messages permission must be enabled in terminal settings. Read the manual.
Additional information
The parameter sets additional information about the indicator so that the user can distinguish which program sent the message. The information appears in the message header. For example, you set up two indicators on the same instrument, on the same time frame, with different parameters, with one indicator having a period of 10 and the other having a period of 30. Additional information parameters are needed to understand which indicator sent the message. , you can display additional information (such as how long an indicator is active) and you can see in the message which indicator sent the message.
Arrow sign settings
arrow movement
The parameter sets the vertical offset of the arrow in the chart.
arrow size
The parameter sets the size of the arrow.
up arrow color
The parameter sets the color of the up arrow.
down arrow color
The parameter sets the color of the down arrow.
up arrow code
The parameter sets the up arrow code.
down arrow code
The parameter sets the down arrow code.
Example of arrow code.
formula
For the up arrow: CCI2 < 하위 레벨 및 CCI1 > CCI2 and CCI2 < CCI3;
For the down arrow: CCI2 > higher level and CCI1 < CCI2 및 CCI2 > CCI3, where
Higher level – higher level (parameters of settings);
Low level – low level (parameters of settings);
CCI1 – CCI indicator value including candle index 1 (last liquidation candle);
CCI2 – the value of the CCI indicator with candle index 2 (second closed candle);
CCI3 – CCI indicator value of candle index 3 (candles closed further down in history from right to left).
Conditions for displaying an up arrow
The minimum value of the CCI indicator is formed in the overbought area, and the CCI value is below the lower limit.
Conditions for displaying a down arrow
The maximum value of the CCI indicator is formed in the oversold zone, and the CCI value is above the upper limit.
‘MA7 Hypnum’ indicator:
MA7 Hypnum MT4;
MA7 Hypnum MT5.
Expert advice based on ‘MA7 Hypnum’ indicator:
MA7 Hypnum C1 MT4;
MA7 Hypnum C1 MT5.
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