The FX AlgoTrader Advanced Moving Average Crossover alert System is a highly configurable MT4 indicator which incorporates a fully automated alert system for monitoring two trader defined moving averages.

Automatic display of fast and slow moving averages

Integration with alerts Pro package - Voice synthesized alerts system - allows complete freedom from the screen (requires alerts Pro package)

Simple, Exponential, Smoothed and Weighted Moving Average options.

Configurable calculation price i.e Close, Open, High, Low, Median

Pop up on-chart alerts (configurable)

Option to alert on 'touch' crossovers or physical (printed) crossovers

On chart crossover indicator arrows with configurable styles.

Email alert option

Precision alert Controls

Traders can control:

• The minimum time between alerts in seconds (Minimum_alert_Interval)
• The maximum number of alerts they want to receive (Max_No_alerts)
• When the alert Counter is reset (alert_Reset_Time)
• If the alerts Counter is automatically reset when a new bar is formed (Auto_Reset_On_New_Bar)

External Parameter List

• Use in conjunction with alerts Pro - alerts Pro is a synthesised alerts module by FX AlgoTrader which produces spoken alerts (supplied separately)
• Fast Period Moving Average - Defines the period for the fast period moving average
• Slow Period Moving Average - Defines the period for the slow period moving average
• Moving Average Calculation Method - Defines the calculation method for both moving averages. Options are: Simple, Exponential, Smoothed and Linear Weighted
• Applied Price - Defines the applied price for the calculation. Options are: Close, Open, High, Low, Median, Typical and Weighted
• Shift value for Moving Averages - Allows the moving averages to be shifted on the chart x axis (horizontal) by a defined number of periods (candles)
• alert when Crossover is Printed - If set to 'true' the system will only generate alerts when a moving average has actually formed... ie it has been printed. If set to 'false' the system will generate signals when two moving averages temporarily crossover.
• Use MT4 Pop Up alerts - If set to true the system will generate pop up alerts in MT4 using the standard MT4 pop up and accompanying alert sound.
• Use Email alerts - If set to 'true' the system will send signals as an email to the designated email defined in the MT4 Email Options.
• Minimum Interval between alerts - Sets the minimum time interval between successive alerts
• Max number of alerts - Defines the maximum number of alerts allows with the alert window (not the alert windows is controlled by the Reset options below)
• Reset alert Counter after x minutes - Allows the trade to reset the alert counter after a defined number of minutes
• Reset alert Counter on new candle - If set to 'true' the alert counter will be reset when a new candle is received
• Arrow code for Cross Up Signals - Defines the style of the Cross Up arrow codes
• Arrow code for Cross Down signals - Defines the style of the Cross Down arrow codes
• System information alerts - If set to 'true' information alerts will be suppressed.

Installation Guide

To install:

• Copy the ex4 file into your metaTrader 4 Indicators folder
• Open the MT4 Navigator (Use Control & 'N' Keys)
• Right Click on any indicator in the Navigator folder and select 'Refresh' from the drop down menu.
• The Advanced MA Crossover indicator will no be displayed in the MT4 Navigator window in the Indicators folder.
• Simply drag the indicator onto your chart and you're good to go!