Trend trading indicator MA filling – ForTrader.org financial magazine


Trend trading indicator MA filling Is a tool for filling with color the area located between two moving averages.

This method was implemented in the MT5 terminal, but in MT4 such a possibility was absent for a long time or was cumbersome to implement and did not guarantee a good visual effect.

Now this problem has a simple solution using the Easy Canvas library (located in the archive). For the indicator to work, it must be placed in the MQL4 Include folder.

Trend trading indicator MA filling

MA filling indicator parameters

  • Filling color – the color used to fill the area between MA;
  • Transparent (0 – 255) – fill transparency: 0 – completely transparent, 255 – completely opaque;
  • MA fast period – period for calculating the fast average in bars. Must be more than 0;
  • MA slow period – period for calculating the slow average in bars. Must be more than 0;
  • MA applied price – calculation price for both MA;
  • MA method – calculation method for both MAs.

Trend trading indicator MA filling greatly simplifies the use of trading strategies based on the use of dynamic support and resistance zones, as well as trend trading.

Other effective indicators for trading

Libertex [CPS] WW

xemarketsforex

xemarketsforex

MTP Procurement Management Procurement Bidding SRM Cost Optimization Team Management Cost Management SAP ERP Management Skills SAP ERP 1C Supply Control SAP / SRM SAP / R3 Analytical Thinking Working with Suppliers Result Oriented System Thinking Process Management Strategic Planning Project Management MsOffice Negotiations with company top officials Organization of procurement procedures Oil trading

Read Previous

Banks asked businesses to warn about atypical transactions

Read Next

The bailiffs will charge the Russians almost 0.5 trillion rubles. in favor of banks