Moving Average Indicator G3

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Moving Average Indicator G3


G3 Moving Average Indicator

Author: Gregor Anton


This is a spin-off from S3 with a very cool feature that’s a first for ActFX...

A triangular moving average changes color to indicate trend direction based on moving averages cross overs.

It uses EMA 13 and 21.

If 13 and 21 are crossed completely and the trend is up, the Triangular Moving Average is Blue.
If 13 and 21 are crossed completely and the trend is down, the Triangular Moving Average is Red.
If 13 and 21 are not completely crossed and the trend is inconclusive, the Triangular Moving Average is Yellow.

EMA 62 and 189 are also plotted for identifying major trends and cross overs.

The really exciting part is that the triangular moving average changes colors to indicate the current trend direction.

This indicator can be used on all time-frames but 1hr is recommended.










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G3.act G3.act (5.08 KB, 1,109 views)

User Comments

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No Member Photo by Matthew posted Thursday, March 18, 2010
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What would be the easiest way to learn ActFX quickly? I'd love to create strategies like this one :)
No Member Photo by Edgar posted Tuesday, March 02, 2010
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Oh, thanks :-) So this is actually the same rule that you mentioned, not an additional one.
No Member Photo by Gregor Anton posted Monday, March 01, 2010
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Ahhh... Gotcha.  Well when the 13 crosses the 21 from below it's up. If it crosses from above then it's a down trend.
No Member Photo by Edgar posted Wednesday, February 24, 2010
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Thanks a lot, Gregor. Frankly speaking, I was trying to find out, which rule do you use in the code to find out if the trend is up (and so the color of Triangular MA should become Blue), or the trend is down (and so the color of Triangular MA should become Red). (Sorry, I am not sure if I have expressed this clear enough.)
No Member Photo by Gregor Anton posted Tuesday, February 23, 2010
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If 13 and 21 are crossed completely and the trend is up, the Triangular Moving Average is Blue.
If 13 and 21 are crossed completely and the trend is down, the Triangular Moving Average is Red.
If 13 and 21 are not completely crossed and the trend is inconclusive, the Triangular Moving Average is Yellow.
No Member Photo by Edgar posted Tuesday, February 23, 2010
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Nice indicator, Gregor!
What rule do you use to determine if the trend is up or down?


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