The presented indicator is a moving average based on the fast digital filter (FATL) data.
Using the indicator is similar to using a standard moving average:
For small values of the period of the moving average (1-10):
- Buying/selling is carried out at the moment of changing the direction of the moving average (after the price has overcome the high/low of the bar on which the change of direction occurred).
For large values of the period of the moving average:
- Buying / selling is carried out depending on the location of the price relative to the moving average: if it is higher – purchases are allowed; if lower, sales are allowed.
Options:
- MA_Price – price based on which the moving average is plotted;
- MA_Period – moving average period;
- MA_Method – moving average smoothing method;
- Alerts – displays a dialog box containing information about the indicator’s signal;
- Send_Notification – sends a notification to mobile terminals whose MetaQuotes IDs are specified in the settings window on the “Notifications” tab;
- Send_Mail – sends an email to the address specified in the settings window on the “Mail” tab;
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