I saw this indicator at other forum. I am truly amazed by this xpMA indicator.
Hence i like to share with you guys here…
<Plz i am not the creator of this indicator:p >
The owner call codersguru
Looking at the code with MetaEditor you will find that the property link of the xpMA indicator is xpworx.com. On one of the webpages of his site the author explains what it does and what the settings numbers mean.
The codersguru indicator is one of the best indicator i ever seen so far.
[U]some of the main features are[/U]
Current version is version 4! But the name of the indicator still called xpMA.mq4!
Version 1 was repainting the past now it’s not!
Added: Debug mode option which when you turn it on it will take screen shots of every tick to be proof that the indicator doesn’t print the past.
Added: Moving Average type 7 JMA.
Added: Arrows upon color changes.
Added Sound Alert upon color changes.
Changed: The method of changing the color upon the direction change.
Added: Signal buffer added to make it easy to make an EA based on the xpMA (-1 means sell signal, 1 means buy signal and 0 means nothing).
Note: the T3MA.mq4 and JMA.mq4 (included) are required files for the Moving Average type 6 and 7.
I read the thread two days ago and I’ve also read threads on 10 other indicators, so my mind is jelly right now. I do not recall what the exit strategy is on this one, or what timeframe or pairs.