XLV4 Moving Average Color

Indicator XLV Moving Average Color uses exactly the same data as the standard moving average in-in the MetaTrader, it automatically changes the color of the line according to their direction.

The indicator is present the option to include feed alerts when changing colors, thereby helping the trader to identify new market trends.

Attention: In a side indicator redraws moving on the next bar

Input parameters

• Period - period moving average to calculate;


• Method - The method of the moving average;


• Applied - Used price;


• Shift - Offset moving average;


• Alert - Enable / disable the notification by changing color (candle closing).