MGH-CrossSignal indicator

Strategy :

Based on kijun-sen and tenkan-sen cross and the rate of price movement based on high and low of 26-periods.

Indicator features:

  1. Multi timeframe
  2. Capital management options that ensure over 70% trader success.
  3. Ability to predict the future shape of Tenkan, Kijunsen, and Kumo.
  4. Option to draw a cross square.
  5. Capability to set enter, stop, and trigger points.
  6. Filtering weak signals.
  7. With coloring.
  8. Mobile and email notification.
  9. It has functional filters (with the help of filters, especially the Pardazesh file filter, you can increase the accuracy of the signal.)
  10. TP based on Fibro Retris extension to box height.
  11. Pardazesh file identify the possible reversal points.
  12. Time analysis based on the overlapping of Kijunsen and Tenkensen crosses.
  13. Option to change the box size or display only the last box.
  14. It is possibility to have Tenkan (108) and Kijun (216) Cross and target boxes. To have this box, set the Tenken value to 108 and the Kijun value to 216.

In the case that Tenken and Kijun are 108 and 216 – if MACD or awesome oscillator confirmed, as the indicator window starts to turn yellow and Kijunsen 26 rises, you can enter the buy position and stays in the position until the start of Kijunsen 26’s flat and awesome decline.

MGH-CrossSignal indicator
MGH-CrossSignal indicator

Notes :

  • It is better to enter any signal with the stochastic order and after the touch trigger.
  • It is better to enter signal with stochastic confirmation and after the trigger touch.
  • The Pardazesh file’s address should be MQL4/Indicators/MGH/MGH-Pardazesh.ex4 by default and can be changed from the settings
  • Sometimes the trigger is touched and the price moves towards the stop. So it is better not to rush to enter.
  • The ability to draw square and increase the number of TP can be accessed from the setting.
  • The best time frame for this system is 15 minutes
  • and you can open the indicator with a time of one hour or more.
  • Type of Tp can be changed from setting.
  • To use all the features, the MGH-Pardazesh file must be placed in the MGH folder.

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