MACD + OsMA that can be used in various ways (alerts and email capable) Indicator
MACD (4 types of alerts - email capable) introduction.
The MT4 accompanying indicators separate MACD and OsMA.
This indicator integrates the two, increases configuration freedom, and enables alert display and email sending.
Normal MACD calculates the difference between short-term and long-term EMA, butMACD (4 types of alerts - email capable) allows you to freely choose the types of moving averages. For example, you can set 10SMA and 20SMA. In this case, you can trigger alerts and emails on moving average crossovers (MACD sign change), so it can also be used simply as a moving average crossover alert indicator.
The types of moving averages that can be selected are four: Simple, Exponential, Smoothed, and Linear Weighted. You can also set different types for the short-term and long-term.
After calculating the MACD by taking the difference between the two moving averages, the flow is to calculate the MACD’s moving average, Signal, and then the difference between MACD and Signal, OsMA, as usual. However, unlike the MT4 bundled MACD, the type of moving average used for calculating Signal can be chosen from the four types mentioned above.
Alert display and email sending can be performed in the following cases.
1. MACD line crosses the signal line.
2. When the MACD line turns upward or downward.
3. When OsMA turns upward or downward.
4. When the short-term and long-term MAs cross (i.e., MACD sign changes).
For each event, you can independently enable or disable alert display and email sending.
Alert judgments are made when the candlestick closes.
ThisMACD (4 types of alerts - email capable) indicator includesTrend Analyzer for trading system enhancement.
In this chart, 12EMA, 26EMA, 26EMAExtended Bollinger Bands, Daily Pivot,
All indicators used on this chart allow free adjustment of moving average types, so you can also use it as a trading system with 10SMA and 20SMA.
