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The ‘MA7 Viola’ indicator – Different – 3 April 2024


Description of labor

The ‘MA7 Viola’ indicator relies on the usual Shifting Common (MA) indicator. Reveals a pointy enhance or lower within the transferring common.

 

Options of labor

The indicator works on the instrument and timeframe on which it’s put in. The information is analyzed on closed candles, so the arrows aren’t redrawn.

Extra capabilities

Notifications when an arrow seems.

Indicator settings 

Normal settings

Distinction

The parameter units the distinction in share between MA values; if the rise or lower in MA is larger than this worth, an arrow can be displayed on the chart. 

MA interval

The parameter units the interval of the MA indicator. Measured in candles (bars). The parameter should be higher than 0.

MA methodology

The parameter units the MA smoothing kind. You possibly can choose the specified smoothing kind from the listing. 

Apply to

The parameter units the value kind that’s used to calculate the MA indicator. You possibly can choose the specified worth kind from the listing.

Take away subsequent arrows

The parameter removes subsequent arrows in the identical path. When this parameter is enabled, the arrows will seem on the chart in flip. For instance, an up arrow seems, all subsequent up arrows can be ignored and never displayed on the chart till the down arrow seems.

Message settings

Ship message to the terminal (Alert)

The parameter units permission to ship messages to the terminal utilizing the Alert operate.

Ship message to the cellular terminal (Push)

The parameter units permission to ship messages to the cellular terminal utilizing push notifications. Permission to ship messages should be enabled within the terminal settings; learn the directions.

Ship message to the e-mail

The parameter units permission to ship messages by e mail. Permission to ship messages should be enabled within the terminal settings; learn the directions.

Extra info

The parameter units extra details about the indicator in order that the person can distinguish which program despatched the message. The data is displayed within the message header. For instance, you put in two indicators on the identical instrument and on the identical timeframe with totally different parameters, one indicator has a interval of 10, the opposite has a interval of 30. To grasp which indicator despatched the message, you want the Extra info parameter, you may point out extra info, for instance, the interval that the indicator makes use of, then within the message you will notice which indicator despatched the message.

Arrow show settings

Arrow shift

The parameter units the vertical offset of the arrows on the chart.

Arrow dimension

The parameter units the dimensions of the arrows.

Up arrow coloration

The parameter units the colour of the up arrow.

Down arrow coloration

The parameter units the colour of the down arrow.

Up arrow code

The parameter units the up arrow code.

Down arrow code

The parameter units the down arrow code.

Examples of arrow codes.

Calculation method

For up arrow: Distinction > Diff(MA1 – MA2),

For down arrow: Distinction > Diff(MA2 – MA1), the place

 

Distinction – distinction between MA values (parameter in settings),

MA1 – MA indicator worth with candle index 1 (final closed candle),

MA2 – MA indicator worth with candle index 2 (penultimate closed candle),

Diff(val1 – val2) – operate that returns the distinction between values as a share.

Situation for displaying an up arrow

A distinction between the final two MA values is larger than Distinction, the transferring common is growing.

Situation for displaying a down arrow

A distinction between the final two MA values is larger than Distinction, the transferring common is lowering.

‘MA7 Viola’ indicators:

MA7 Viola MT4;

MA7 Viola MT5.

 

Professional Advisors based mostly on the ‘MA7 Viola’ indicator:

MA7 Viola C1 MT4;

MA7 Viola C1 MT5.

 

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