Trend Indicators

Key Features

• 9 different Moving Average types: HMA, SMA, EMA, WMA, TEMA, VWMA, ZeroLagEMA, LinearRegression and TSF
• If "Zone" is selected for your signal type, there is a "ValidZoneSize" parameter that lets the signals fire when the two moving averages come within a user defined number of ticks of each other. This is very helpful if you want to be alerted of the possibility of an impending moving average cross.
• Additional Parameters/Options:
• 1) Draws signal arrows on the chart
• 2) Plays audio alert when a moving average signal type condition is met
• 3) Launches a pop-up screen when two moving average cross
• 4) Choose whether or not to display moving average lines on the chart
• Programming Note: For programming this into a strategy, the indicator does output a "Signal" plot
• It is +1 when an "up" signal is generated
• It is -1 when a "down" signal is generated
• It is 0 when no signals are present
• You can select a "SignalType" from the following 3 choices:
• 1) When the two MA's cross
• 2) When one MA approaches the other MA within a certain distance (or zone)
• 3) When an MA reverses its direction.