Here’s my new trend following indicator with alerts.
Based on moving average lines.
Trading Logic :
All 4 red lines above blue lines – uptrend,
All 4 red lines under blue lines – downtrend
Alerts on trend changing.
Settings:
Period: 110
Method: Exponential
Price: Close price
Standard alerts settings
UPD:
added multiple time frame mod
PRO TIP :
You can get a signal from a combination of indicators.
Follow the link to learn how to combine two or more signal alert indicators together http://projectreaper.pw/en/how-to-combine-two-or-more-signal-alert-indicators-together/
How to install :
1. Download file
2. Unzip archive and copy the MQL4 folder from the archive to your terminal Data folder
3. Restart terminal and apply the indicator to a chart
4. Register a valid email with single time donation or log in with previously registered email address.
5. You can switch your broker account any time you need by logging in with previously registered email address
How to find Data folder :
in the terminal click File menu – Open Data Folder
Good trading!
If you need help
Write down comment or use the feedback button
Non repainting best trend based MA.
Easy to follow with some of my other signal indicator