Free Ixbone Forex Price Action Indicator

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We have coded a new Forex Price Action indicator with extended alert and notification management.

Features:
- Uses 3 Moving Averages instead of original 2
- Calculates with High, Low, Open and Close
- Displays 3 color lines
- Executes an alert and/or notification if the fast and medium MA crosses by Screen, Mail, SMS, Sound, Voice
- Can be used with any timeframe and symbol

How to use it:
- Green line = fast MA (default 5)
- Gold line = medium MA (default 13)
- Red line = slow MA (default 21)

Entry signal:
If the green line cross the gold line, we should take a closer look for an upcoming change of direction, configure the alert and/or notification options well!
If the green and gold line cross the red line, we have a clear signal for a fast entry.
For better signal confirmation, all 3 lines should be above the zero line for BUY or below the zero line for Sell

Exit signal:
All 3 lines cross the zero line

If you have any questions, please feel free to contact me.

Best regards

Attached Thumbnails


Attached Files IXBONE-PriceAction.ex4 (15.8 KB)


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