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MT5 / 033

Moving-average candle-deviation alerts

Indicator in useParameter settingsContact

Overview

Moving-average candle-deviation alerts · MT5

Platform: MetaTrader 5 · Main chart

  • Calculation period: the number of bars used by the indicator.
  • Smoothing: selects the averaging method.
  • Threshold: sets a filtering or triggering level.
  • RSI filter: adds an RSI-level condition.
  • Moving-average display: show or hide the chart’s moving averages.
  • Timing: countdown or advance-notification interval in seconds.

1. Indicator in use

Moving-average candle-deviation alerts · Indicator in use
Actual MT5 screenshot using offline demonstration data.Click the image to view full size

2. Parameter settings

Moving-average candle-deviation alerts · Parameter settings
MT5 runtime parameter display. Alerts and messages are disabled for the screenshot instance; product defaults are listed below.Click the image to view full size
ParameterDefaultHow to use
MA PerDefault5How to useCalculation period: the number of bars used by the indicator.
MAMode0SMA1EMA2SMMA3LWMADefault0How to useSmoothing: selects the averaging method.
Parameter · ThresholdDefault0How to useThreshold: sets a filtering or triggering level.
Add RSI conditionDefaultEnabledHow to useRSI filter: adds an RSI-level condition.
RSI PerDefault5How to useCalculation period: the number of bars used by the indicator.
Parameter · ThresholdDefault80How to useThreshold: sets a filtering or triggering level.
Parameter · ThresholdDefault20How to useThreshold: sets a filtering or triggering level.
Show moving averagesDefaultEnabledHow to useMoving-average display: show or hide the chart’s moving averages.
Show countdownDefaultEnabledHow to useTiming: countdown or advance-notification interval in seconds.
Normal (true) / advance (false) alertDefaultDisabledHow to useNotification switch: controls alerts, popups or email. Email requires terminal configuration.
Advance notice secondsDefault20How to useTiming: countdown or advance-notification interval in seconds.
Alert barDefault0How 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.

MT5 · Indicators

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Platform editions

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