Description of labor

The ‘MA7 Galega’ indicator is predicated on the usual Transferring Common (MA) indicator. Reveals a puncture of the shifting common.

Indicator settings

Basic settings

Interval

The parameter units the interval of the MA indicator. Measured in candles (bars). The parameter have to be higher than 0.

Technique

The parameter units the MA smoothing kind. You possibly can choose the specified smoothing kind from the checklist.

Apply to

The parameter units the worth kind that’s used to calculate the MA indicator. You possibly can choose the specified value kind from the checklist.

Message settings

Ship message to the terminal (Alert)

The parameter units permission to ship messages to the terminal utilizing the Alert perform.

Ship message to the cell terminal (Push)

The parameter units 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 units permission to ship messages by electronic mail. Permission to ship messages have to be enabled within the terminal settings; learn the directions.

Further info

The parameter units extra details about the indicator in order that the consumer can distinguish which program despatched the message. The data is displayed within the message header. For 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 grasp which indicator despatched the message, you want the Further info parameter, you may point out extra info, for instance, the interval that the indicator makes use of, then within the message you will note which indicator despatched the message.

Arrow show settings

Arrow shift

The parameter units the vertical offset of the arrow on the chart.

Arrow dimension

The parameter units the scale of the arrow.

Up arrow shade

The parameter units the colour of the up arrow.

Down arrow shade

The parameter units the colour of the down arrow.

Up arrow code

The parameter units the up arrow code.

Down arrow code

The parameter units the down arrow code.

Examples of arrow codes.

Calculation system

For up arrow: Low1 < MA1 and MA1 < Open1 (if a bullish candle) or Close1 (if a bearish candle),

For down arrow: High1 > MA1 and MA1 > Open1 (if a bearish candle) or Close1 (if a bullish candle), the place

MA1 – MA indicator worth with candle index 1 (final closed candle),

Open1 – opening value of the candle with index 1 (final closed candle),

Close1 – closing value of the candle with index 1 (final closed candle),

High1 – most value of the candle with index 1 (final closed candle),

Low1 – minimal value of the candle with index 1 (final closed candle).

Situation for displaying an up arrow

The decrease shadow of the candle punctured the shifting common.

Situation for displaying a down arrow

The higher shadow of the candle punctured the shifting common.

‘MA7 Galega’ indicators:

MA7 Galega MT4;

MA7 Galega MT5.

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Ask questions within the profile on the MQL5.