EMA Crossover and Trend Alert Indicator
- Indicadores
- Matthew Palulis
- Versión: 1.0
- Activaciones: 5
EMA Crossover and Trend Alert Indicator for Pocket Options
Overview:
The EMA Crossover and Trend Alert Indicator is a versatile tool designed for traders who rely on moving averages for strategic decision-making. This MetaTrader 5 (MT5) indicator combines Exponential Moving Average (EMA) crossovers with trend detection to deliver actionable signals directly on your chart. Tested and used specifically for Pocket Options trades with Regular Candles, it integrates seamlessly with the EABiBOT from mt2bo.live and the AutoSignal Bot from autobotsignal.io.
Important Note: This indicator has been tested exclusively with Regular Candles on the Pocket Options platform. Compatibility with other chart types or platforms is not guaranteed.
Key Features:
- Dual EMA Lines: Displays fast and slow EMA lines with customizable periods for accurate crossover detection.
- Crossover Alerts: Generates BUY and SELL alerts when the fast EMA crosses above or below the slow EMA.
- Trend Detection: Identifies short-term trends using customizable candle patterns, signaling potential BUY or SELL trends.
- Customizable Icons and Colors: Fully configurable arrow types, sizes, and colors for crossover and trend signals.
- Visual Alerts: Adds intuitive arrows and symbols to your chart for easy signal recognition.
- Audio Alerts: Optional sound notifications for crossover and trend events to keep you informed in real time.
- Optimized Performance: Lightweight design for minimal impact on your trading platform.
Inputs and Customization:
- EMA Periods: Modify fast and slow EMA periods to suit your trading preferences.
- Trend Settings: Adjust the number of candles required to define a trend.
- Icon Customization: Choose unique arrow types, colors, and sizes for visual clarity.
- Alerts: Enable or disable audio alerts for crossovers and trends as needed.
How It Works:
- The indicator calculates two EMAs (fast and slow) based on the selected applied price (e.g., close price).
- Detects crossovers, where the fast EMA crosses above or below the slow EMA, triggering BUY or SELL signals.
- Analyzes consecutive candles to detect short-term trends, marking continuation patterns with trend arrows.
- Sends customizable alerts (visual and audio) for crossovers and trends, ensuring timely decision-making.
Applications:
- Designed for traders using Regular Candles on Pocket Options with the support of the EABiBOT and AutoSignal Bot.
- Ideal for scalping, trend-following, or swing trading strategies.
- Enhances precision by confirming trend reversals or continuation patterns.
Disclaimer:
This indicator was tested exclusively with Regular Candles on the Pocket Options platform in combination with the EABiBOT and AutoSignal Bot. Compatibility with other chart types or platforms is not guaranteed. Traders are encouraged to test independently before use on alternative setups.
Installation Instructions:
- Download the indicator and place it in the MQL5/Indicators directory.
- Refresh the Navigator window in MT5 to load the new indicator.
- Attach the indicator to your desired chart and configure the inputs as needed.
This indicator is an excellent choice for Pocket Options traders using Regular Candles with automation tools like EABiBOT and AutoSignal Bot. While it provides advanced technical insights and actionable signals, ensure proper testing and caution when applying it to live trades.