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You liked the script? Try it in the MetaTrader 5 terminal
- Views:
- 51589
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- Published:
- 2014.07.10 10:36
- Updated:
- 2016.11.22 07:32
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3 EMA Crossover Indicator. MaPeriod1 must be smaller than MaPeriod2 and MaPeriod2 must be smaller than MaPeriod3.
- If ma1>ma2 and ma2>ma3 the indicator turns green.
- If ma1<ma2 and ma2<ma3 the indicator turn red otherwise it turns orange.
Only the last bar of the indicator repaints.

This indicator based on a 5 period simple moving average detects trends: if there is an uptrend then shows green bars, if there is a downtrend then shows red bars, if there is a weak trend then shows yellow bars.

Realize virtual profit trailing.

This indicator will write value degrees of the lastest position of price at the current timeframes, and when position and condition of trend status was changed, the indicator will give an alerts.

The script recognizes and shows peaks and valleys of certain period.