2MA CrossoverWithPrice Indicator
Description: The technical indicator 2MA CrossoverWithPrice is an automatic trading system that automatically provides a purchase Buy or sell Sell signal.
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The signals are calculated based on the intersection of two moving averages with different periods.
Moving averages used in the calculation are configurable:
0 - average simple mobile SMA
1 - Moving average exponential EMA
2 - Smoothed moving average MAMS
3 - Weighted moving average linear LWMA
The types of prices:
0 - closing price
1 - Opening price
2 - Higher price
3 - Lower prices
4 - Price median
5 - Typical price
6 - Weighted closing price
Contains
2MA CrossoverWithPrice.mq4
Broker - online broker: Metatrader MT4 platform
Signals and Trading rules interpretation
. Buy signal
. Entry: Formation of a blue arrow, below the price of the price and in the direction of the top - bullish trend
. Sell signal
. Entry: Formation of a red arrow over the course of the price and in the direction of the down - trend bearish
Learn more about the rules and trading signals: stock market - Trader Mobile average
Trade example
Rating Forex currency - USD/JPY
Time Frame: 30 Minutes - M30
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