How to use MT5/MT4
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This indicator displays the order and slope of three specified moving averages at the bottom of the chart, allowing you to see the occurrence of a perfect order without displaying the moving averages directly on the chart.
When the three moving averages are aligned from shortest to longest from top to bottom, they are displayed in light green (default setting). If in addition to this alignment, all three moving averages are sloping upwards (higher than the previous bar), they are displayed in green (default setting).
Conversely, when the moving averages are aligned from longest to shortest from top to bottom, they are displayed in pink (default setting), and if their slopes are downward (lower than the previous bar), they are displayed in red (default setting).
Thus, when the market is bullish, light green is displayed, and particularly strong bullish trends are shown in green, while bearish trends are shown in pink or red, with gray indicating no clear direction.
You can freely select the periods and types of moving averages to create a custom analysis environment.
【Display Example of Titan_Perfectorder_monitor (Three moving averages are also displayed separately on the chart.)】
A perfect order generally refers to when the short-term, medium-term, and long-term moving averages are aligned in sequence and their slopes (directions) coincide, indicating a strong trend.
When a perfect order is present, it often develops into a long-term trend, making it best practice to follow the trend for buying dips or selling rallies.
【Example of a Perfect Order (Three moving averages are also displayed separately on the chart.)】
※ This indicator only works with the Windows version of TitanFX's MT5 and MT4.
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1.The indicators and related descriptions are based on various data believed to be reliable, but their accuracy and completeness are not guaranteed.
2.The data displayed by the indicators do not guarantee your investment results. Also, the displayed content may vary due to market conditions and communication environments.
3.Please make investment decisions using indicators at your own risk. We are not responsible for any disadvantages or damages arising from the use of indicators.
4.Specifications of the indicators are subject to change without notice. Changes will be announced on the indicator description pages, etc.
5.Indicators should only be used by customers who have downloaded them. Transferring or selling the indicators to third parties is prohibited.
| Variable Name | Description | Default |
|---|---|---|
| （Short term, Medium term, Long term）Moving average Period | Specifies the periods for each moving average. | 9、21、60 |
| （Short term, Medium term, Long term）Moving average Type | Specifies the types of each moving average. | Simple |
| （Short term, Medium term, Long term）Moving average Applied price | Specifies the price used to calculate each moving average. | Close Price |
| MT5 | MT4 | Description |
|---|---|---|
| 0 | 0 | Color and width when both order and direction of moving averages are bullish. |
| 1 | 1 | Color and width when only the order of moving averages is bullish. |
| 2 | 2 | Color and width when the order of moving averages does not clearly indicate bullish or bearish. |
| 3 | 3 | Color and width when only the order of moving averages is bearish. |
| 4 | 4 | Color and width when both order and direction of moving averages are bearish. |
