Two MA cloud

[Alexander.Gettinger]

The indicator draws the strip between the two MA.

Formulas:
MA1 = MA(Price),
MA2 = MA(MA1).

Download:

2MA_Cloud.lua

(5.77 KiB) Downloaded 1855 times

2MA_Cloud with Alert.lua

(16.48 KiB) Downloaded 662 times

For this indicator must be installed Averages indicator (viewtopic.php?f=17&t=2430).

[JOKER83]

PLEAS MAKE STRATEGY BUT
THREE CLOUD AVERAGE
WITH PARAMETERS
ONE CLOUD
TIMEFRAME
TRADE CLOSE YES/NO

TWO CLOUD
TIMFRAME
TRADE CLOSE YES/NO

THREE CLOUD
THREE CLOUD ON/OFF
TIMEFRAME
TRADE CLOSE YES/NO

[mykkee]

Is there, or can there be, an alert when the moving averages of the cloud cross?? Thank you for your time and consideration.

[Apprentice]

You can find a strategy based on this indicator here.
viewtopic.php?f=31&t=62150

Set "Allow strategy to trade" no NO for alerts only.

[jamrocktrader]

Hi Apprentice,

This is a very useful indicator. Using the strategy as an alert does not work because I use a custom time frame. It would really help if you could add an alert similar to the Equilibrium Cross with Alarm indicator.

Thank You,

Jamrocktrader

[Apprentice]

How you generate custom time frame?

[jamrocktrader]

I use the "Custom Time Frame Candle View" indicator.

[Apprentice]

New version of TS should allow such timeframes,,
for now Backtester will not allow non standard time frames like "m2"
With Views things are even more complicated.
Try this version.

2MA cloud Strategy.lua

(22.73 KiB) Downloaded 959 times

For example you can type in "m2" time frame.
Trading should work.

[jamrocktrader]

Thank you very much

[jamrocktrader]

The results that the strategy gives for both standard and custom timeframes are different when compared to the indicator. The strategy will enter trades before the MA crosses and for m1&m2 TF it sometimes enter a short trade 3 or 4 candles after the indicator cross with a long signal.