Home Forex The ‘MA7 Clover’ indicator – Different – 17 April 2024

The ‘MA7 Clover’ indicator – Different – 17 April 2024

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The ‘MA7 Clover’ indicator – Different – 17 April 2024

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Description of labor

The ‘MA7 Clover’ indicator relies on candle shapes. Reveals the ‘Pin Bar’ candle sample.

Options of labor

The indicator works on the instrument and timeframe on which it’s put in. The information is analyzed on closed candles, so the arrows usually are not redrawn.

Further features

Notifications when an arrow seems.

Indicator settings

Basic settings

Min physique dimension

The parameter units the minimal physique dimension.

Max physique dimension

The parameter units the utmost physique dimension.

Min nostril dimension

The parameter units the minimal dimension of the nostril.

Max nostril dimension

The parameter units the utmost dimension of the nostril.

The parameters Thoughts physique dimension, Max physique dimension, Min none dimension, Max noise dimension are measured as a proportion of the complete candle dimension from Excessive to Low. For instance, a candle with a dimension of 100 factors, and the settings are set by default, then the indicator will search for candles with a physique dimension from 0 to twenty factors, and a nostril dimension from 0 to five factors.

Message settings

Ship message to the terminal (Alert)

The parameter units permission to ship messages to the terminal utilizing the Alert operate.

Ship message to the cellular terminal (Push)

The parameter units permission to ship messages to the cellular terminal utilizing push notifications. Permission to ship messages should be enabled within the terminal settings; learn the directions.

Ship message to the e-mail

The parameter units permission to ship messages by e-mail. Permission to ship messages should be enabled within the terminal settings; learn the directions.

Further info

The parameter units further details about the indicator in order that the consumer can distinguish which program despatched the message. The data is displayed within the message header. For instance, you put in two indicators on the identical instrument and on the identical timeframe with completely different parameters, one indicator has a interval of 10, the opposite has a interval of 30. To grasp which indicator despatched the message, you want the Further info parameter, you may point out further info, for instance, the interval that the indicator makes use of, then within the message you will notice which indicator despatched the message.

Arrow show settings

Arrow shift

The parameter units the vertical offset of the arrow on the chart.

Arrow dimension

The parameter units the dimensions of the arrow.

Up arrow shade

The parameter units the colour of the up arrow.

Down arrow shade

The parameter units the colour of the down arrow.

Up arrow code

The parameter units the up arrow code.

Down arrow code

The parameter units the down arrow code.

Examples of arrow codes.

Calculation formulation

For up arrow: Max physique dimension ≥ BodySize1 ≥ Min physique dimension and Max nostril dimension ≥ UpShadowSize1 ≥ Min noze dimension,

For down arrow: Max physique dimension ≥ BodySize1 ≥ Min physique dimension and Max nostril dimension ≥ LwShadowSize1 ≥ Min noze dimension, the place

Min physique dimension – minimal physique dimension (parameter within the settings),

Max physique dimension – the utmost physique dimension (parameter within the settings),

Min nostril dimension – the minimal dimension of the nostril (parameter within the settings),

Max nostril dimension – the utmost dimension of the nostril (parameter within the settings),

BodySize1 – candle physique dimension with candle index 1 (final closed candle),

UpShadowSize1 – the dimensions of the higher shadow of the candle with the candle index 1 (the final closed candle),

LwShadowSize1 is the dimensions of the decrease shadow of the candle with the candle index 1 (the final closed candle).

Situation for displaying an up arrow

The dimensions of the candle physique and the dimensions of the higher shadow of the candle are within the dimension vary within the settings.

Situation for displaying a down arrow

The dimensions of the candle physique and the dimensions of the decrease shadow of the candle are within the dimension vary within the settings.

‘MA7 Clover’ indicators:

MA7 Clover MT4;

MA7 Clover MT5.

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Ask questions within the profile on the MQL5.

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