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Re: Moving Average indicators for MT4

josi, Wed May 27, 2020 6:26 pm

Banzai wrote: Wed May 27, 2020 8:25 am
I was able to add in some arrows and alerts.
Very nice, man! And very clear and self-explaining to trade.
But everything can be improved, if you don't mind me saying so:
It would be even better if you changed the refernce TF (instead of always using H1)
For example: M1+M5; M5+M30; M15+H1; M30+H4; H1+H4; H4+D; D+W; W+Mth
Do you think you could extend your system (M1-M30) up to the daily timeframe (i. e.: +H1, +H4, +D, - or even +W +Mth)?
You could use the next higher TF as directional bias (i. e. H1+H4; H4+D1; D1+W; W+Mth)
Or - if you'd want real luxury - you could let the user choose reference TF via input (dropdown in indi)
(Could exit rules also be integrated?)
(Sadly the background colouring for stock exchange openings are missing.)

And while you're at it you might want to think about your signals:
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