combined ma signal
Info
The combined ma signal is a Indicator for MetaTrader 4 that for the higher chart timeframes: h4, d1, w1 using slow = false (0), and for smaller chart timeframes: h1, m30, m15, m5 set slow = true (1). arrows appear.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Indicator works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Indicators folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use combined ma signal
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
What this tool does
for the higher chart timeframes: h4, d1, w1 using slow = false (0), and for smaller chart timeframes: h1, m30, m15, m5 set slow = true (1).
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 4.
Compatible Platform & Setup
This Indicator works on MetaTrader 4. Place the file in the MQL4/Indicators folder and restart the terminal.
Description & Settings
Related: williams b indicator: a multidimensional approach to trading signals - another powerful indicator for MetaTrader 4 traders.
Also recommended: awesome signal - enhanced trading indicator - similar indicator with strong performance on MetaTrader 4.
for the higher chart timeframes: h4, d1, w1 using slow = false (0), and for smaller chart timeframes: h1, m30, m15, m5 set slow = true (1). arrows appear.if signal = 3 (the best is 8), it calculates the moving average as 1x2 + 2x2 + 3x2 (minus) 1x3 - 2x3 - 3x3, less than separate.
if used in experts: it can be used as buffer 2 [method 2] (if> 0.0) = buy, buffer 3 [method 3] (if <0.0) = sell.
entry: combination of d1 with h4 with h1 is good and can be a signal, if all of them received the same signal, it must not be on the same bar.
exit : if h1 or h4 changes - it is a signal to close the position.
the optimization parameters for the indicator can be used during the optimization of this indicator. do not set more than a day, otherwise it would freeze for a long time when set to 5-10-15 or more minutes. read in the file. after the optimization is complete and results are received, the optimizer can be removed from the chart.
You may also like: signal direction probability indicator - excellent alternative for indicator users on MetaTrader 4.
Source Code
/*
my mt4 is not typing russion letters,
@#$%@$^^&%@$#%^$% =--> ???? <--=, sorry.
note: don't put much days on lower timeframes, or it will be freezed
long time put say 20 days for h1, 5 days for m5 or 120 days for d1.
this is most simplest version because is not using many-many
resources and calculations and it's using only the current chart.
ones optimised it can be coppied optimised parameters put by data
given by optimised screen report in standard indicator, optimise
(combined ma signal) for example d1, h4 and h1 (or h4, h1 and m30)........
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.