MT4 Signal Indicator Michael Trading System
Created on Thursday, October 11, 2018 1:28 PM
Trend Following
This indicator can be used as a signal provider for the Foxzard Trader Expert Advisor.
LOADING
Buy Conditions
Sell Conditions
Condition 1
Price (Bid)
crosses
Moving Average 20 Simple Close
from bottom to top
crosses
Moving Average 20 Simple Close
from bottom to top
Condition 2
Price (Bid)
crosses
Moving Average 40 Simple Close
from bottom to top
crosses
Moving Average 40 Simple Close
from bottom to top
Condition 3
Price (Bid)
crosses
Moving Average 80 Simple Close
from bottom to top
crosses
Moving Average 80 Simple Close
from bottom to top
Condition 4
Moving Average 20 Simple Close
is below
Moving Average 40 Simple Close
is below
Moving Average 40 Simple Close
Condition 5
Moving Average 40 Simple Close
is below
Moving Average 80 Simple Close
is below
Moving Average 80 Simple Close
Condition 6
Price (Bid)
is above
Moving Average 80 Simple Close
is above
Moving Average 80 Simple Close
Condition 13
Moving Average 20 Simple Close
points Up
points Up
Condition 14
Moving Average 40 Simple Close
points Up
points Up
Condition 15
Moving Average 80 Simple Close
points Up
points Up
Condition 7
Price (Bid)
crosses
Moving Average 20 Simple Close
from top to bottom
crosses
Moving Average 20 Simple Close
from top to bottom
Condition 8
Price (Bid)
crosses
Moving Average 40 Simple Close
from top to bottom
crosses
Moving Average 40 Simple Close
from top to bottom
Condition 9
Price (Bid)
crosses
Moving Average 80 Simple Close
from top to bottom
crosses
Moving Average 80 Simple Close
from top to bottom
Condition 10
Moving Average 20 Simple Close
points Down
points Down
Condition 11
Moving Average 40 Simple Close
points Down
points Down
Condition 12
Moving Average 80 Simple Close
points Down
points Down
Condition 16
Moving Average 20 Simple Close
is above
Moving Average 40 Simple Close
is above
Moving Average 40 Simple Close
Condition 17
Moving Average 40 Simple Close
is above
Moving Average 80 Simple Close
is above
Moving Average 80 Simple Close
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To use this custom indicator on Metatrader 4 platform you need:
- Download the MT4 version of this indicator and copy it into your metatrader experts/indicators folder.
- Restart your Metatrader 4 terminal.
- Indicator will appear under Custom Indicators section. Attach the indicator on the chart.
To use this signal pine script on TradingView platform you need:
- Download the pinescript version of this signal.
- Open the downloaded text file and copy contents into the tradingview script editor.
- Click the "Add to Chart" button.
Use it at your own risk!
This indicator was created by one of our visitors. You can create your own indicator like this one using your rules and logic.Also you can use this indicator as a base to create your own. Click to create your own indicator from this one.