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Tuesday, September 25, 2012

Moving Average Crossover indicator for Metatrader

The Moving Average Cross Over is a highly customizable indicator that displays the cross of two moving averages of your choice. The indicator sends alerts via email (with attached screenshot of the chart), via mobile notification to your mobile device (Android, iPhone, iPad), and additionally pop up message and/or sound alerts in the Metatrader platform. That’s four different ways to alert the user. The periods of the moving averages can be customized, as well as the method (Simple, Exponential, Smoothed, Weighted), the applied price (Close, Open, High or Low) and the colors.

Here's the indicator in action, displaying crosses of the 10 and 20 Simple Moving Averages:
(Click on Image to enlarge)
This Moving Average Cross Over Indicator was built for the Metatrader platform. The real power, and what makes it unique is its ability to alert the user via sound alarm, pop up message, mobile notification and email with screen shot of the chart attached along with its high degree of customization.


Parameters
Once you add the indicator to a chart, you get the Parameters Dialog Box. Go to the Inputs tab to configure the parameters.

a-) Fast and Slow Moving Average Settings

fastMovingAveragePeriod: Period length of evaluation of the Moving Average

fastMovingAverageMethod: Possible values are SMA = Simple, EMA = Exponential, SMMA = Smoothed, LWMA = Linear Weighted

fastMovingAverageAppliedTo: Price used for the calculation of the moving average possible values are CLOSE, OPEN. HIGH, LOW, MEDIAN 

slowMovingAveragePeriod: Period length of evaluation of the Moving Average

slowMovingAverageMethod: Possible values are SMA = Simple, EMA = Exponential, SMMA = Smoothed, LWMA = Linear Weighted

slowMovingAverageAppliedTo: Price used for the calculation of the moving average possible values are CLOSE, OPEN. HIGH, LOW, MEDIAN


b-) General Settings

displayPopUpAlert: true or false depending on whether you want an alert dialog inside Metatrader to be displayed when a new crossover is confirmed.

displaySoundAlert: true or false depending on whether you want a sound alert to be played when a new crossover is confirmed.

soundAlertFile:The sound file to be played if displaySoundAlert is set to true. The file must be located in the /Sounds/ directory of your MetaTrader installation folder.

sendMobileAlert: true or false depending on whether you want to receive notifications in your mobile device (Android, iPhone, iPad) when an alert is issued by the indicator. Your device must be configured in MT4 via Tools -> Options -> Notifications. For more information visit this guide.


c-) Email Settings
The indicator has its own implementation of an email sender engine. That means, it doesn't use the built in engine of Metatrader, but its own. The reason for that is in order to be able to send emails with attachments (chart screen shots) and also to provide users with the ability to have email alerts sent to popular public email servers such as Gmail. Those two features cannot be accomplished with Metatrader's email sender. 

sendEmailAlert: Whether or not you want the indicator to send email alerts when a signal is triggered.

server: The public SMTP server of your email provider. smtp.gmail.com is used by default.

user: your complete email address

pass: your password

port: The Port open on your SMTP server of choice. For Gmail it is 465.

sendChartScreenShot: when set to true it will attach an image of the chart to the email alert.

 
I hope this indicator becomes useful in your trading, and that you can benefit from it.

Moving Average Cross Over Indicator $15.00

Buy Now

It is a one time payment only and you can use the indicator indefinitely in as many Metatrader accounts as you want. As part of the purchase you receive a pdf guide with clear step by step instructions on how to install the indicator and how to set up the parameters. If you have any problem with the indicator feel free to contact me at henrik@the-lazy-trader.com

This tool is related to the Price/Moving Average Crossover Indicator, which alerts on crosses of price over or under a moving average, instead of crosses of two moving averages. If you are interested in getting both, you can do so at a 33% discount.

Moving Average Crossover Indicator
+
Price/Moving Average Crossover Indicator
(a $30 value for only $20, a 33% discount)

Buy Now

For more indicators and tools feel free to visit the Products page

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1 comment:

  1. Buonasera...io sono italiano e vorrei comprare alcuni Vostri indicatori in Euro....cosa devo fare?
    la mia email di contatto è: davide.somma@email.it
    Grazie

    ReplyDelete