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MA7 Flax MT5

Subscribe to the 'MA7 Trading' channel to receive notifications about new programs, updates and other information.

Ask questions in the profile on the MQL5.


Description of work

The 'MA7 Flax' indicator is based on the standard Average True Range (ATR) indicator and candle data. Shows candles that are larger in size relative to the ATR indicator value.

Detailed information about the 'MA7 Flax' indicator.


Indicator settings

General settings:

ATR period – Average True Range indicator period;

ATR multiplier – Average True Range indicator value multiplier;

Remove subsequent arrows – removes subsequent arrows in one direction.


Message settings:

Send message to the terminal (Alert) – permission to send messages to the terminal using the Alert function;

Send message to the mobile terminal (Push) – permission to send messages to the mobile terminal using push notifications;

Send message to the email – permission to send messages by email;

Additional information.


Arrow display settings:

Arrow shift;

Arrow size;

Up arrow color;

Down arrow color;

Up arrow code;

Down arrow code.


'MA7 Flax' indicators:

MA7 Flax MT4;

MA7 Flax MT5.


Expert advisors based on the 'MA7 Flax' indicator:

MA7 Flax C1 MT4;

MA7 Flax C1 MT5;

MA7 Flax C2 MT4;

MA7 Flax C2 MT5.

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Berma Bands
Muhammad Elbermawi
The Berma Bands (BBs) indicator is a valuable tool for traders seeking to identify and capitalize on market trends. By analyzing the relationship between the price and the BBs, traders can discern whether a market is in a trending or ranging phase. Berma Bands are composed of three distinct lines: the Upper Berma Band, the Middle Berma Band, and the Lower Berma Band. These lines are plotted around the price, creating a visual representation of the price movement relative to the overall trend.
Contact me for instruction, any questions! Related Product:  Gold Trade Expert MT5 Introduction The breakout and retest strategy is traded support and resistance levels. it involves price breaking through a previous level.  The break and retest strategy is designed to help traders do two main things, the first is to avoid false breakouts. Many false breakouts start with a candlestick that breaks out of a level but ends with an immediate candlestick that brings the price back into the level. T
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Version 1.2 2024.04.17
The code has been refactored.
Version 1.1 2024.02.17
Added the function of filtering subsequent arrows in one direction.