An arrow indicator that notifies you when the directions of 8 moving average lines align
One of the important points when looking at moving averages is the direction of the moving average.
Moving averages trend upward when prices are rising and trend downward when prices are falling.
Therefore, the direction of the moving average is one of the factors used to determine whether the trend is up or down.
Furthermore, if multiple moving averages are shown, the number of lines pointing in the same direction can also serve as a measure of trend strength.
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MT4 indicator that notifies you when the directions of 8 RCI lines and 8 MA lines align
https://www.gogojungle.co.jp/tools/indicators/24452
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The above product includes five indicators, but here we introduce two of them.
【MA8Lines】
An MT4 indicator that displays any 8 moving average lines
【MA8SD】
An MT4 indicator that notifies you when the directions of any 8 moving averages align
The chart below is an example showing the two indicators above.
MT4 indicator that notifies you when the directions of 8 RCI lines and 8 MA lines align
https://www.gogojungle.co.jp/tools/indicators/24452
This product includes the following indicators.
【R8LDSN】
An MT4 indicator that notifies you when the directions of any 8 RCI lines align
【MA8Lines】
An MT4 indicator that displays any 8 moving average lines
【MA8SD】
An MT4 indicator that notifies you when the directions of any 8 moving averages align
【R8MA8SD】
An MT4 indicator that notifies you when the directions of any 8 RCI lines and any 8 moving average lines align
