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Indicators

MA on Momentum - indicator for MetaTrader 5

Vladimir Karputov
Views:
6961
Rating:
(37)
Published:
2022.04.26 17:39
Download as ZIP, How to download code from MetaEditor
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The idea of the indicator

Two lines - simple 'Momentum' indicator and 'Momentum' indicator smoothed with 'Moving Average'.

MA on Momentum

Rice. 1. MA on Momentum

How to trade

We are looking for moments when the indicator lines cross: if the cross is below the '100' level, this is a signal to open a BUY position; if the recalculation is above the '100' level, this is a signal to open a SELL position.

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    iDeMarker (DeMarker, DeM) indicator smoothed with iMA (Moving Average, MA).

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    SmoothStep (generalized)

    MA on Momentum Min Profit MA on Momentum Min Profit

    Trading strategy based on the custom indicator 'MA on Momentum'

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    The color indicator shows in a separate window the moment if the intersection of two iMA (MOving Average, MA) was on the current bar