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Description of labor
The MA7 Clover indicator relies on candlestick kinds. It reveals the “Pin Bar” candlestick sample.
The indicator simplifies the visible seek for a sample on the chart, which facilitates fast market evaluation and fast decision-making on opening or closing a place.
The indicator works on any devices and any timeframes.
To search out the strongest sample, there are settings that assist you to filter alerts utilizing the dimensions of the sample, the course of the candle, connecting customary indicators for joint work, which lets you discover extra correct and worthwhile entries, transfer the cease loss to the worthwhile zone or shut the place in a well timed method.
The notification will inform you on which instrument and timeframe the sample appeared, which lets you rapidly change to the chart and analyze the occasion.
The show of arrows on the chart will be custom-made to your style and coloration.
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 will not be redrawn.
Further capabilities
Notifications when an arrow seems.
Indicator settings
Common settings
Min physique measurement
The parameter units the minimal physique measurement.
Max physique measurement
The parameter units the utmost physique measurement.
Min nostril measurement
The parameter units the minimal measurement of the nostril.
Max nostril measurement
The parameter units the utmost measurement of the nostril.
The parameters Thoughts physique measurement, Max physique measurement, Min none measurement, Max noise measurement are measured as a proportion of the total candle measurement from Excessive to Low. For instance, a candle with a measurement of 100 factors, and the settings are set by default, then the indicator will search for candles with a physique measurement from 0 to twenty factors, and a nostril measurement from 0 to five factors.
Minimal sample measurement
The parameter units the minimal sample measurement. If the sample measurement from Excessive to Low is lower than the parameter, the arrow just isn’t drawn. Measured in factors.
Most sample measurement
The parameter units the utmost sample measurement. If the sample measurement from Excessive to Low is bigger than the parameter, the arrow just isn’t drawn. Measured in factors.
Evaluation of the candle course
The parameter units the power to filter patterns by the course of the candle. If a bullish sample seems, and the course of this candle is down (bearish), the arrow just isn’t drawn.
Evaluation of the place relative to the MA
The parameter units the power to filter patterns by the place of the patterns relative to the Shifting Common indicator. Relying on the setting of the Place relative to the MA parameter, patterns above or under the Shifting Common indicator are filtered.
Place relative to the MA
The parameter units the worth both Bullish above (bearish under) the MA – if a bullish sample is shaped above the MA, it’s filtered and never drawn, if a bearish sample is shaped under the MA, it’s filtered and never drawn, or Bullish under (bearish above) the MA – the other of the Bullish above (bearish under) the MA parameter.
MA interval
The parameter units the interval of the Shifting Common indicator.
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 have to 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 have to be enabled within the terminal settings; learn the directions.
Further info
The parameter units further details about the indicator in order that the person can distinguish which program despatched the message. The knowledge is displayed within the message header. For instance, you put in two indicators on the identical instrument and on the identical timeframe with totally 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’ll be able to point out further info, for instance, the interval that the indicator makes use of, then within the message you will note which indicator despatched the message.
Arrow show settings
Arrow shift
The parameter units the vertical offset of the arrow on the chart.
Arrow measurement
The parameter units the dimensions of the arrow.
Up arrow coloration
The parameter units the colour of the up arrow.
Down arrow coloration
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 system
For up arrow: Max physique measurement ≥ BodySize1 ≥ Min physique measurement and Max nostril measurement ≥ UpShadowSize1 ≥ Min noze measurement,
For down arrow: Max physique measurement ≥ BodySize1 ≥ Min physique measurement and Max nostril measurement ≥ LwShadowSize1 ≥ Min noze measurement, the place
Min physique measurement – minimal physique measurement (parameter within the settings),
Max physique measurement – the utmost physique measurement (parameter within the settings),
Min nostril measurement – the minimal measurement of the nostril (parameter within the settings),
Max nostril measurement – the utmost measurement of the nostril (parameter within the settings),
BodySize1 – candle physique measurement 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 scale of the candle physique and the dimensions of the higher shadow of the candle are within the measurement vary within the settings.
Situation for displaying a down arrow
The scale of the candle physique and the dimensions of the decrease shadow of the candle are within the measurement vary within the settings.
MA7 Clover indicators:
MA7 Clover MT4;
MA7 Clover MT5.
Professional advisors based mostly on the MA7 Clover indicator:
MA7 Clover C1 MT4;
MA7 Clover C1 MT5;
MA7 Clover C2 MT4;
MA7 Clover C2 MT5.
