Source: https://fxcodebase.com/code/viewtopic.php?f=29&t=10289
Forum: 29 · Topic 10289 · 5 post(s)
Alexander.Gettinger · Thu Dec 22, 2011 7:49 am
Signal is issued if MA is closer/farther from the current price.
Download:
For this signal must be installed Averages indicator (viewtopic.php?f=17&t=2430).
luciana · Thu Dec 22, 2011 10:31 am
Thank you very much. I use it in 5 minutes TF, 27-30 pips from 20 MVA and MML for a fast reward of minimum 10-25-30 pips in a few minutes. (attn!!! it is a move against the trend,though) when the price falls/rises fast; actually it is a correction but it is a fast move. Used with MML could alert in fact a price reversal and the reward could be much larger. TP: 20MVA initially, SL according to MML. Additional confirmation for price reversal is up to each individual but MML very important (i.e.RSI 6, MVA 6, BB (18,2)-all in one area below the chart: sell/buy when RSI is bellow/above MVA and the BB’s middle line, respectively) (MA distance signal could be also used with 200 MVA and MML-the settings slighly different) Thanks again.
IQFX36 · Mon Oct 26, 2015 11:34 am
Hi,
It could be an strategy?
Thx
IQFX36 · Mon Oct 26, 2015 12:05 pm
Hi,
It could be a multi timeframe?
Thx
Apprentice · Tue Oct 27, 2015 4:20 am
New signal should be written. You can add multiple instances, to cover different time frams.