Description of labor
The ‘MA7 Agave’ indicator is predicated on the usual Common Directional Motion Index (ADX) indicator. Exhibits the intersection of the +DI and -DI strains.
Options of labor
The indicator works on the instrument and timeframe on which it’s put in. The information is analyzed on closed candles, so the arrows aren’t redrawn.
Extra capabilities
– Notifications when the arrow seems;
– Filtering indicators utilizing the ‘MA7 Flax’ indicator.
Indicator settings
Normal settings:
– ADX interval
The parameter configures the interval of the ADX indicator.
Measured in candles (bars).
The parameter worth have to be larger than 0.
‘MA7 Flax’ settings:
This group comprises settings for the ‘MA7 Flax’ indicator. They’re wanted to filter arrows, for instance, to take not all intersections of the +DI and -DI strains, however intersections the place the arrow can also be confirmed by the ‘MA7 Flax’ indicator.
Message settings:
– Ship message to the terminal (Alert)
The parameter offers permission to ship messages to the terminal utilizing the Alert perform.
– Ship message to the cell terminal (Push)
The parameter offers permission to ship messages to the cell terminal utilizing push notifications. Permission to ship messages have to be enabled within the terminal settings; learn the directions.
– Ship message to the e-mail
The parameter offers permission to ship messages by e-mail. Permission to ship messages have to be enabled within the terminal settings; learn the directions.
– Extra data
The parameter specifies extra details about the indicator in order that the person can distinguish which program despatched the message. The data is displayed within the message header.
Instance: you put in two indicators on the identical instrument and on the identical timeframe with totally different parameters, one indicator has a interval of 10, the opposite has a interval of 30. To know which indicator despatched the message, you want the Extra data parameter, you may point out extra data, for instance, the interval that the indicator makes use of, then within the message you will notice which indicator despatched the message.
Arrow show settings:
– Arrow shift
The parameter configures the vertical offset of the arrows on the chart.
– Arrow measurement
The parameter configures the dimensions of the arrows.
– Up arrow shade
This parameter configures the colour of the up arrow.
– Down arrow shade
This parameter configures the colour of the down arrow.
– Up arrow code
The parameter configures the up arrow code.
– Down arrow code
The parameter configures the down arrow code.
Calculation components
For up arrow: +DI1 > -DI1 and +DI2 < -DI2,
For down arrow: +DI1 < -DI1 and +DI2 > -DI2, the place
+DI1 – worth of the +DI line with candle index 1 (final closed candle),
-DI1 – worth of the -DI line with candle index 1 (final closed candle),
+DI2 – worth of the +DI line with candle index 2 (penultimate closed candle),
-DI2 – worth of the -DI line with candle index 2 (penultimate closed candle).
Situation for displaying an up arrow
The +DI line crossed the -DI line from backside to high.
ATR interval > 0
There may be an up arrow of the ‘MA7 Flax’ indicator.
Situation for displaying a down arrow
The -DI line crossed the +DI line from high to backside.
ATR interval > 0
There’s a down arrow of the ‘MA7 Flax’ indicator.
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