Indicator that notifies when moving average directions align (2)
When viewing moving averages, one important point is the direction of the moving average.
Moving averages rise when prices are trending upward and fall when prices are trending downward.
Therefore, the direction of the moving average is one of the factors to determine whether the trend is up or down.
Furthermore, if multiple moving averages are displayed, the number of lines pointing in the same direction can be a gauge of the trend’s strength.
In addition, when three moving averages are displayed—the short-term, mid-term, and long-term lines—the short-term line is most sensitive to small price movements, so when considering a pullback (or a rebound from a decline),“the moment the short-term line reverses upward (downward), the directions of all three moving averages align”this situation is often considered important.
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Arrow indicators of five types focusing on MA direction and perfect order 【MA3SD】
https://www.gogojungle.co.jp/tools/indicators/24828
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The above products include several indicators, but here we introduce one of them,
“An MT4 indicator that notifies when the three chosen moving averages (short-term, mid-term, long-term) align their directions at the moment the short-term line reverses.”
We will introduce it.
The two charts below show examples where the indicator’s signals are displayed.
In these examples, you can see that the timing of price starting to rise or starting to fall has been captured well.
MA direction and five arrow indicators focusing on perfect order 【MA3SD】
https://www.gogojungle.co.jp/tools/indicators/24828
This product contains,
“An MT4 indicator that notifies when the directions of any three moving averages align.”
“An MT4 indicator that notifies when, among any three moving averages (short-term, mid-term, long-term), the moment the short-term reverses and the three averages’ directions align.”
“An MT4 indicator that notifies when any three moving averages are in a perfect order.”
“An MT4 indicator that notifies when any three moving averages are in an upward (or downward) perfect order, and moreover all three moving averages’ directions are aligned upward (or downward).”
“An MT4 indicator that notifies when, among any three moving averages (short-term, mid-term, long-term), the moment the short-term reverses, the three moving averages are in an upward (or downward) perfect order, and moreover all three moving averages’ directions are aligned upward (or downward).”
And,“An indicator that corresponds to four moving averages”is also included.
As described above, since the indicators supporting several patterns are included, if you place importance on the direction of moving averages and perfect order, you may be able to find your preferred indicator or preferred settings.