We have coded a new Forex Price Action indicator with extended alert and notification management.
Features:
- Uses 3 Moving Averages instead of original 2
- Calculates with High, Low, Open and Close
- Displays 3 color lines
- Executes an alert and/or notification if the fast and medium MA crosses by Screen, Mail, SMS, Sound, Voice
- Can be used with any timeframe and symbol
How to use it:
- Green line = fast MA (default 5)
- Gold line = medium MA (default 13)
- Red line = slow MA (default 21)
Entry signal:
If the green line cross the gold line, we should take a closer look for an upcoming change of direction, configure the alert and/or notification options well!
If the green and gold line cross the red line, we have a clear signal for a fast entry.
For better signal confirmation, all 3 lines should be above the zero line for BUY or below the zero line for Sell
Exit signal:
All 3 lines cross the zero line
If you have any questions, please feel free to contact me.
(remove the zip extension 1st)
Best regards
Michael
IXBONE
Professional Forex VPS | IX Trader Forex Software
Business Internet Services | Registered ISP (Ripe: AS 16195)
Signal.wav
IXBONE-PriceAction.ex4.zip