MAcrosses - MetaTrader 4 Script | Forex Indicators Download - MT4/MT5 Resources

Count MA crossovers, showing the percentage of all MAs that are higher than the slower MA

If a moving average crosses another moving average, the indicator goes up. If a moving average crosses another moving average, the indicator goes down.

If the indicator rises to 100%, each MA is higher than the longer MA
If the indicator drops to 0%, each MA is below the longer MA

You can set the maximum MA and the step size between MAs

Max MA - maximum moving average .

MAs Step - The step size between MAs, the optimal value is Max MA/10.

MA on MAs crosses - moving average calculated on mainline MAcrosses.

applied to price

Alert - If true, an alert will appear at every intersection of the alert line.

Alert hotline - can be a cross (main line) or an average line (MA on a cross line).

Alert Level Rising - Displays the level of the alert.

Alarm Downgrade Level - Displays the level of the alarm.

Can be used as a high value trend indicator

Can be used as a low value oscillator

Attachment download

📎 macrosses.mq4 (6.02 KB)

Source: MQL5 #10325