00:00Hello friends, in this video I want to talk to you about a series of improvements that I have implemented.
00:10in my modified indicator for MetaTrader 4, Magic MA Crosses, which basically detects
00:18moving average crossovers on multiple instruments and time frames and also displays a screen
00:25or signal boards where we can see the crossings in real time, in the frames of
00:32time and instruments we choose. Here we can see an example of how this works
00:37indicator. Here it shows the crosses that have occurred in the past, crosses that are in progress
00:43currently producing and the crossings in different periods and assets as I indicated previously.
00:51For example, here we can see that there is a bullish cross in gold against the US dollar.
01:01on the daily timeframe. To see this crossover, just click here.
01:06and shows us the graph with the crossover. Here, for example, we can see the signal in the pair
01:15of currencies, pound, sterling and in Japanese and we can see these signals in real time.
01:25In addition, the indicator allows us to see other information, such as the currency pair,
01:31the time frame and the moving average values. We can also configure it so that
01:39show us real-time alerts. For example, here when making the change we can configure it here to
01:46to show us the alerts. Here we can also see the colors of the moving averages, the periods,
01:54the type of moving average and the colors of the bullish and bearish arrows.
02:00So when we activate this option, the alert window shows us that indeed in gold
02:12The US dollar is bullish on the H1 timeframe. We can set up this indicator
02:22to verify the signals with a series of indicators to improve their reliability.
02:30For example, here we can tell the indicator that we want it to show us the crosses that
02:38are confirmed in the next candle. We can tell him to show us the crosses that
02:44are confirmed by the ADX, which is an indicator of trend strength. Here we can tell you that
02:51that shows us the crossovers confirmed by the Parabolic SAR and also by another well-known oscillator, the RSI. In this case, the indicator shows us the crossovers and tells us whether the market is in an overbought or oversold condition. Here, for example, we activate the signal. We click Accept here.
03:19Here, click Accept. Done. It shows us the markets where the crossover is occurring under overbought and oversold conditions.
03:31And basically, those are some of the improvements we've implemented in this indicator. Well, I forgot to mention that we've also added volume filters so that the indicator only shows us signals confirmed by volume above the 20-period moving average of the previous volume.
03:57We can also add email alerts, push notifications, and audio alerts. In itself, it's a fairly simple and easy-to-use indicator.
04:09Here we can see how we can configure the dashboard, add or remove assets and here we can add or remove time frames.
04:18The indicator was also modified to be lighter so that it does not overload the platform and is not heavy for the computer.
04:31Regarding the data used to obtain this indicator, they are included in the description of this video.
04:38So, well, we say goodbye and thank you very much.
04:48Thank you.
04:49Thank you.
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