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MA distance signal

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MA distance signal

Postby Alexander.Gettinger » Thu Dec 22, 2011 7:49 am

Signal is issued if MA is closer/farther from the current price.

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MA_Distance_Signal.lua
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For this signal must be installed Averages indicator (viewtopic.php?f=17&t=2430).
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Re: MA distance signal

Postby luciana » Thu Dec 22, 2011 10:31 am

Thank you very much. I use it in 5 minutes TF, 27-30 pips from 20 MVA and MML for a fast reward of minimum 10-25-30 pips in a few minutes. (attn!!! it is a move against the trend,though) when the price falls/rises fast; actually it is a correction but it is a fast move. Used with MML could alert in fact a price reversal and the reward could be much larger. TP: 20MVA initially, SL according to MML. Additional confirmation for price reversal is up to each individual but MML very important (i.e.RSI 6, MVA 6, BB (18,2)-all in one area below the chart: sell/buy when RSI is bellow/above MVA and the BB's middle line, respectively)
(MA distance signal could be also used with 200 MVA and MML-the settings slighly different)
Thanks again.
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Re: MA distance signal

Postby IQFX36 » Mon Oct 26, 2015 11:34 am

Hi,

It could be an strategy?

Thx
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Re: MA distance signal

Postby IQFX36 » Mon Oct 26, 2015 12:05 pm

Hi,

It could be a multi timeframe?

Thx
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Re: MA distance signal

Postby Apprentice » Tue Oct 27, 2015 4:20 am

New signal should be written.
You can add multiple instances, to cover different time frams.
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