Hey Guys,
INDICATOR
I need an indicator which shows an alert when MACD signal line cross with the MA line.
- Alert to be place BOTTOM RIGHT/BOTTOM LEFT/TOP RIGHT/TOP LEFT of the chart
- I can set multiple pairs to the alert for easier viewing
- I can view multiple TF
- I will be able to change the color of the TF, PAIR and "U" "D".
- U or D resembles the MACD SIGNAL and MOVING AVERAGE LINE. If the MA line cross went on top of the MACD LINE, it is a U (BLUE COLOR). And if the MA line cross went below of the MACD LINE, it is a D (RED COLOR).
ex.
M1 M5 M30 H1 H4 D1
EURUSD U U
GBPUSD D D D D
USDJPY D U
NZDUSD D U
THE INPUTS
VARIABLE VALUE
MACD
FAST EMA 0
SLOW EMA 0
MACD SMA 0
APPLY TO CLOSE/OPEN/HIGH/LOW/MEDIAN PRICE/TYPICAL PRICE/WEIGHTED CLOSE
COLOR MAIN COLOR PALLET - LINE STYLE - LINE THICKNESS
COLOR SIGNAL COLOR PALLET - LINE STYLE - LINE THICKNESS
MOVING AVERAGE
PERIOD 0
SHIFT 0
MA METHOD SIMPLE/EXPONENTIAL/SMOOTHED/LINEAR WEIGHTED
APPLY TO CLOSE/OPEN/HIGH/LOW/MEDIAN PRICE/TYPICAL PRICE/WEIGHTED CLOSE/PREVIOUS INDICATOR'S DATA/FIRST INDICATOR'S DATA
STYLE COLOR PALLET - LINE STYLE - LINE THICKNESS
ALERTS
ALERT M1 TRUE/FALSE
ALERT M5 TRUE/FALSE
ALERT M30 TRUE/FALSE
ALERT H1 TRUE/FALSE
ALERT H4 TRUE/FALSE
ALERT D1 TRUE/FALSE
ALERT PAIRS *ENTRY OF THE PAIRS TO BE SHOWN, EX. EURUSD,GBPUSD,NZDUSD,EURJPY*
PANEL LOCATION TOP RIGHT/TOP LEFT/BOTTOM RIGHT/BOTTOM LEFT
HOW IT WORKS
When ever the MOVING AVERAGE LINE cross went on top of the MACD SIGNAL, "U" will be shown in the indicator alert panel for that TF.
When ever the MOVING AVERAGE LINE cross went below of the MACD SIGNAL, "D" will be shown in the indicator alert panel for that TF.
SCENARIO
*Once the line cross and the panel have shown the alert, and if the next 2 candle it still continues with the same cross, the alert will still remain. The 3rd candle onwards, the alert will go off
*Once the line cross and the panel have shown the alert, and if the next candle the cross change, the alert will follow the cross, and if the next 2 candle it still continues with the same cross, the alert will still remain. The 3rd candle onwards, the alert will go off.
*PLEASE TAKE NOTE, the MACD and MOVING AVERAGE will be place on 1 new same window and not on the chat.
THANK YOU
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