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New MT4 Signal
Step 1. Indicator Name and Description
Signal Name:
Name is required.
Signal Description:
The DiNapoli 3 x Displaced Moving Averages Based on "Joe DiNapoli - The Practical Application of Fibonacci Analysis to Investment Markets" * DMA 3 x 3 - The 3 period simple moving average of close, displaced forward 3 periods for the short term and is extremely useful in thrusting markets. * DMA 7 x 5 - The 7 period simple moving average of close, displaced forward 5 periods longer-based DMA that many have found useful in equity market analysis - DMA 25 x 5 - The 25 period simple moving average of close, displaced forward 5 periods longer term DMA Created By TohMz *************************************************************************************************/ _SECTION_BEGIN("DMA3x3"); Periods = 3; Displace = 3; Plot( MA( C, Periods), _DEFAULT_NAME(), ParamColor( "Color", colorRed ), ParamStyle("Style", styleLine, maskDefault|styleDots), Null, Null, Displace ); _SECTION_END(); _SECTION_BEGIN("DMA7x5"); P = C; Periods = 7; Displace = 5; Plot( MA( P, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorBlue ), ParamStyle("Style", styleDashed, maskDefault|styleDots), Null, Null, Displace ); _SECTION_END(); _SECTION_BEGIN("DMA25x5"); P = C; Periods = 25; Displace = 5; Plot( MA( P, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorGreen ), ParamStyle("Style", styleDashed, maskDefault|styleDots), Null, Null, Displace ); _SECTION_END(); //*** Remove below portion, so that you can attach to any price chart *** _N(Title = StrFormat("{{NAME}}- {{INTERVAL}} {{DATE}} O= %g, H= %g, L= %g, C= %g (%.1f%%) V= " +WriteVal( V, 1.0 ) +"\n{{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 )) )); PriceStyle = GetPriceStyle(); PriceStyleOpt = ParamStyle("Style") | PriceStyle; if (PriceStyle==styleCandle) Plot( C, "", colorBlack, PriceStyleOpt); else Plot( C, "", IIf( Close >= Ref(C, -1), colorBlue, colorRed ), PriceStyleOpt);
Description is required.
Step 2. Indicator Rules (Order Sell and Buy conditions)
You need too add conditions for buy and sell signals. You can create multiple condition list. The signal is created when all conditions are passed. For example you can create a moving average cross and confirm with slower moving average.
Long (Buy) Position Conditions
Add New BUY Condition
Short (Sell) Position Conditions
Add New SELL Condition
Step 3. Additional indicator options
Check if you want the indicator to ring a sound and popup an alert
Click the button below only when you are finished with your indicator logic.
You need to add one or more conditions.
Create Signal Indicator