MT4 / 019
Color-changing moving average
Overview
Color-changing moving average · MT4
Platform: MetaTrader 4 · Main chart
- Calculation period: the number of bars used by the indicator.
- Smoothing: selects the averaging method.
- Chart text: shows or hides indicator values and labels.
- Notification switch: controls alerts, popups or email. Email requires terminal configuration.
- Alert bar: 0 is the current bar; 1 is the previous closed bar.
1. Indicator in use
2. Parameter settings
| Parameter | Default | How to use |
|---|---|---|
| MA1 / MA2 Period | Default20 / 60 | How to useCalculation period: the number of bars used by the indicator. |
| MA Mode | Default— | How to useSmoothing: selects the averaging method. |
| Show chart text | Default— | How to useChart text: shows or hides indicator values and labels. |
| Enable /Email alert | Default— | How to useNotification switch: controls alerts, popups or email. Email requires terminal configuration. |
| Parameter · Alert bar | Default1 / 0 | How to useAlert bar: 0 is the current bar; 1 is the previous closed bar. |
Installation and use
Place the indicator file in the terminal’s MQL4 / MQL5 → Indicators folder, refresh Navigator, then drag it onto a chart.
MT4 · Indicators
¥20.00
Indicator file delivery with installation and usage guidance.
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