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‘MA7 Ixora’ indicator – Miscellaneous – February 29, 2024

Description of work

The ‘MA7 Ixora’ indicator is based on the standard moving average (MA) indicator. Shows the intersection of the fast and slow moving averages.

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

– Send a notification when an arrow appears.

Indicator settings

Fast moving average settings:

– period;

– method;

– apply.

Setting up a slow moving average:

– period;

– method;

– apply;

– Added to FMA period – This parameter is used to configure the slow MA period based on the fast MA period. In other words, it adds value to the fast MA period. For example, if the fast MA period is 10 and the additional parameter in the FMA period is 10, then the slow MA period becomes 20, and if you change the fast MA period to 30, the slow MA period becomes 40. This parameter is useful when optimizing expert advice to reduce the number of optimized parameters and eliminate incorrect indicator settings in the pass. 0 – Parameter is not used.

– Multiply by FMA period – This parameter is used to configure the period of the slow MA relative to the period of the fast MA. That is, multiply the period of the fast MA by a value. For example, if the Fast MA Period is 10 and the Multiply FMA Period parameter is 2, the Slow MA Period will be 20, and if you change the Fast MA Period to 30, the Slow MA Period will be 60. This parameter is useful when optimizing expert advice to reduce the number of optimized parameters and eliminate incorrect indicator settings in the pass. 0 – Parameter is not used.

Message settings:

– Send message to terminal (Alert) – Permission to send messages to the terminal using the alert function

– Send message to mobile terminal (Push) – Permission to send messages to mobile devices using push notifications. The message sending permission must be enabled in the device settings. read the manual;

– Send message by email – Permission to send messages by email. The message sending permission must be enabled in the device settings. read the manual;

– Additional information – Additional information about the indicator so that the user can distinguish which program sent the message.

Arrow display settings:

– Move arrows – Vertical movement of arrows on the chart;

-Arrow size;

– Up arrow color;

– Down arrow color;

– up arrow code;

– down arrow code.

Example of arrow code.

formula

For up arrows: MA1 > MA1 and FMA2 < SMA 2;

For down arrow: MA1 < SMA1 및 FMA2 > SMA 2, where

FMA1 is the value of the Fast MA indicator with candle index 1 (last closing candle).

SMA1 is the value of the Slow MA indicator with candle index 1 (last closing candle).

FMA2 is the value of the Fast MA indicator with candle index 2 (second-to-last closed candle).

SMA2 is the value of the Slow MA indicator with candle index 2 (the second end of the closed candle).

Conditions for displaying an up arrow

The fast MA line crosses the slow MA line from bottom to top.

Down arrow display conditions

The fast MA line crosses the slow MA line from top to bottom.

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Version for MetaTrader 4.

Version for MetaTrader 5.

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