MA_Crossover_Email_Alert1
Download scriptThis script is designed as a technical analysis tool for the MetaTrader 4 platform. It automates the detection of "crossovers" between two different moving averages, which are commonly used by traders to identify shifts in market momentum and potential entry or exit points.
Core Functionality
The primary purpose of this tool is to monitor two distinct moving averages (a "Fast" average and a "Slow" average) and visually signal the exact moment they intersect on a price chart.
- Visual Cues: When the Fast moving average crosses above the Slow moving average, the script places an upward-pointing arrow below the price candle. Conversely, when the Fast average crosses below the Slow average, it places a downward-pointing arrow above the candle.
- Dynamic Placement: To ensure these markers are clearly visible and not overlapping with the price candles, the script automatically calculates the recent market volatility (the average range of price movement) and offsets the arrows slightly above or below the current price.
Customization Options
The tool is highly flexible, allowing users to tailor the logic to their specific trading style:
- Moving Average Types: Users can choose between several different calculation methods for the averages, including Simple (SMA), Exponential (EMA), Smoothed (SMMA), Linear Weighted (LWMA), and Least Squares (LSMA).
- Price Source: The averages can be calculated based on various data points, such as the opening price, closing price, highs, lows, or weighted averages of these values.
- Timeframes & Periods: Users can define the specific look-back periods for both the fast and slow indicators to match their preferred trading strategy (e.g., scalping vs. long-term swing trading).
Notification System
Beyond visual aids on the chart, the script features an active notification system to keep traders informed in real-time:
- Audio Alerts: The script can trigger a sound alert immediately when a crossover occurs.
- Email Notifications: If configured, the tool can send an automated email containing specific details about the signal, including the current Ask/Bid prices, the timestamp, and the specific currency pair or asset involved.
Summary of Logic Flow
- The script continuously calculates the values of two chosen moving averages based on user-defined periods and price types.
- It compares the current position of these averages against their previous positions to detect a "cross."
- When a cross is detected, it identifies whether it is a bullish (upward) or bearish (downward) move.
- It then places the corresponding arrow on the chart and triggers any enabled sound or email notifications to alert the user of the change in momentum.
//+------------------------------------------------------------------+
//| MA-Crossover_Alert.mq4 |
//| Copyright © 2005, Jason Robinson (jnrtrading) |
//| http://www.jnrtading.co.uk |
//| Modified by Robert Hill to add LSMA and alert or send email |
//| Added Global LastAlert to try to have alert only on new cross |
//| but does not seem to work. So indicator does alert every bar |
//+------------------------------------------------------------------+
/*
+------------------------------------------------------------------+
| Allows you to enter two ma periods and it will then show you at |
| Which point they crossed over. It is more usful on the shorter |
| periods that get obscured by the bars / candlesticks and when |
| the zoom level is out. Also allows you then to remove the mas |
| from the chart. (emas are initially set at 5 and 6) |
+------------------------------------------------------------------+
*/
#property copyright "Copyright © 2005, Jason Robinson (jnrtrading)"
#property link "http://www.jnrtrading.co.uk"
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 LawnGreen
#property indicator_color2 Red
extern bool SoundON=true;
extern bool EmailON=false;
extern int FastMA_Mode = 1; //0=sma, 1=ema, 2=smma, 3=lwma, 4=lsma
extern int FastMA_Period = 5;
extern int FastPriceMode = 0;//0=close, 1=open, 2=high, 3=low, 4=median(high+low)/2, 5=typical(high+low+close)/3, 6=weighted(high+low+close+close)/4
extern int SlowMA_Mode = 1; //0=sma, 1=ema, 2=smma, 3=lwma, 4=lsma
extern int SlowMA_Period = 6;
extern int SlowPriceMode = 0;//0=close, 1=open, 2=high, 3=low, 4=median(high+low)/2, 5=typical(high+low+close)/3, 6=weighted(high+low+close+close)/4
double CrossUp[];
double CrossDown[];
int flagval1 = 0;
int flagval2 = 0;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
SetIndexStyle(0, DRAW_ARROW, EMPTY, 3);
SetIndexArrow(0, 233);
SetIndexBuffer(0, CrossUp);
SetIndexEmptyValue(0,0.0);
SetIndexStyle(1, DRAW_ARROW, EMPTY, 3);
SetIndexArrow(1, 234);
SetIndexBuffer(1, CrossDown);
SetIndexEmptyValue(1,0.0);
GlobalVariableSet("AlertTime"+Symbol()+Period(),CurTime());
GlobalVariableSet("SignalType"+Symbol()+Period(),OP_SELLSTOP);
// GlobalVariableSet("LastAlert"+Symbol()+Period(),0);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
GlobalVariableDel("AlertTime"+Symbol()+Period());
GlobalVariableDel("SignalType"+Symbol()+Period());
// GlobalVariableDel("LastAlert"+Symbol()+Period());
//----
return(0);
}
//+------------------------------------------------------------------+
//| LSMA with PriceMode |
//| PrMode 0=close, 1=open, 2=high, 3=low, 4=median(high+low)/2, |
//| 5=typical(high+low+close)/3, 6=weighted(high+low+close+close)/4 |
//+------------------------------------------------------------------+
double LSMA(int Rperiod, int prMode, int shift)
{
int i;
double sum, pr;
int length;
double lengthvar;
double tmp;
double wt;
length = Rperiod;
sum = 0;
for(i = length; i >= 1 ; i--)
{
lengthvar = length + 1;
lengthvar /= 3;
tmp = 0;
switch (prMode)
{
case 0: pr = Close[length-i+shift];break;
case 1: pr = Open[length-i+shift];break;
case 2: pr = High[length-i+shift];break;
case 3: pr = Low[length-i+shift];break;
case 4: pr = (High[length-i+shift] + Low[length-i+shift])/2;break;
case 5: pr = (High[length-i+shift] + Low[length-i+shift] + Close[length-i+shift])/3;break;
case 6: pr = (High[length-i+shift] + Low[length-i+shift] + Close[length-i+shift] + Close[length-i+shift])/4;break;
}
tmp = ( i - lengthvar)*pr;
sum+=tmp;
}
wt = sum*6/(length*(length+1));
return(wt);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start() {
int limit, i, counter;
double tmp=0;
double fastMAnow, slowMAnow, fastMAprevious, slowMAprevious;
double Range, AvgRange;
int counted_bars=IndicatorCounted();
//---- check for possible errors
if(counted_bars<0) return(-1);
//---- last counted bar will be recounted
if(counted_bars>0) counted_bars--;
limit=Bars-counted_bars;
for(i = 0; i <= limit; i++) {
counter=i;
Range=0;
AvgRange=0;
for (counter=i ;counter<=i+9;counter++)
{
AvgRange=AvgRange+MathAbs(High[counter]-Low[counter]);
}
Range=AvgRange/10;
if (FastMA_Mode == 4)
{
fastMAnow = LSMA(FastMA_Period, FastPriceMode, i);
fastMAprevious = LSMA(FastMA_Period, FastPriceMode, i+1);
}
else
{
fastMAnow = iMA(NULL, 0, FastMA_Period, 0, FastMA_Mode, FastPriceMode, i);
fastMAprevious = iMA(NULL, 0, FastMA_Period, 0, FastMA_Mode, FastPriceMode, i+1);
}
if (SlowMA_Mode == 4)
{
slowMAnow = LSMA( SlowMA_Period, SlowPriceMode, i);
slowMAprevious = LSMA( SlowMA_Period, SlowPriceMode, i+1);
}
else
{
slowMAnow = iMA(NULL, 0, SlowMA_Period, 0, SlowMA_Mode, SlowPriceMode, i);
slowMAprevious = iMA(NULL, 0, SlowMA_Period, 0, SlowMA_Mode, SlowPriceMode, i+1);
}
CrossUp[i] = 0.0;
CrossDown[i] = 0.0;
if ((fastMAnow > slowMAnow) && (fastMAprevious < slowMAprevious))
{
if (i == 1 && flagval1==0){ flagval1=1; flagval2=0; }
CrossUp[i] = Low[i] - Range*0.75;
}
else if ((fastMAnow < slowMAnow) && (fastMAprevious > slowMAprevious))
{
if (i == 1 && flagval2==0) { flagval2=1; flagval1=0; }
CrossDown[i] = High[i] + Range*0.75;
}
}
if (flagval1==1 && CurTime() > GlobalVariableGet("AlertTime"+Symbol()+Period()) && GlobalVariableGet("SignalType"+Symbol()+Period())!=OP_BUY)
{
// if (GlobalVariableGet("LastAlert"+Symbol()+Period()) < 0.5)
// {
if (SoundON) Alert("BUY signal at Ask=",Ask,"\n Bid=",Bid,"\n Time=",TimeToStr(CurTime(),TIME_DATE)," ",TimeHour(CurTime()),":",TimeMinute(CurTime()),"\n Symbol=",Symbol()," Period=",Period());
if (EmailON) SendMail("BUY signal alert","BUY signal at Ask="+DoubleToStr(Ask,4)+", Bid="+DoubleToStr(Bid,4)+", Date="+TimeToStr(CurTime(),TIME_DATE)+" "+TimeHour(CurTime())+":"+TimeMinute(CurTime())+" Symbol="+Symbol()+" Period="+Period());
// }
tmp = CurTime() + (Period()-MathMod(Minute(),Period()))*60;
GlobalVariableSet("AlertTime"+Symbol()+Period(),tmp);
GlobalVariableSet("SignalType"+Symbol()+Period(),OP_SELL);
// GlobalVariableSet("LastAlert"+Symbol()+Period(),1);
}
if (flagval2==1 && CurTime() > GlobalVariableGet("AlertTime"+Symbol()+Period()) && GlobalVariableGet("SignalType"+Symbol()+Period())!=OP_SELL) {
// if (GlobalVariableGet("LastAlert"+Symbol()+Period()) > -0.5)
// {
if (SoundON) Alert("SELL signal at Ask=",Ask,"\n Bid=",Bid,"\n Date=",TimeToStr(CurTime(),TIME_DATE)," ",TimeHour(CurTime()),":",TimeMinute(CurTime()),"\n Symbol=",Symbol()," Period=",Period());
if (EmailON) SendMail("SELL signal alert","SELL signal at Ask="+DoubleToStr(Ask,4)+", Bid="+DoubleToStr(Bid,4)+", Date="+TimeToStr(CurTime(),TIME_DATE)+" "+TimeHour(CurTime())+":"+TimeMinute(CurTime())+" Symbol="+Symbol()+" Period="+Period());
// }
tmp = CurTime() + (Period()-MathMod(Minute(),Period()))*60;
GlobalVariableSet("AlertTime"+Symbol()+Period(),tmp);
GlobalVariableSet("SignalType"+Symbol()+Period(),OP_BUY);
// GlobalVariableSet("LastAlert"+Symbol()+Period(),-1);
}
return(0);
}
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