Optimize cross Moving average

This indicator tries out a lot of settings each time the time frame or the symbol changes or even one each new candle. It works by dull “trading” the last 100 or so candles and choosing the settings with the best success. It is simply measuring the distance between a short and a long signal, as if anybody have traded this without stop loss. It takes the spread into account.

The lower window shows the distance between the short and the long Moving Average positive values are for long trades, negative values are for short trades in pips. Using the “profit oszilator” you can end a trade in profit by examining if short/long trades have a maximum difference and ending right before the maxium.

The upper line says “Profit today with MA 5/19 is 60 pips”. The indicator or the user has choosen 5 for the fast MA and 19 for the slow MA. The next text field displays the results from yesterday followed by the signal Long or Short. Traders may like to drop two moving averages to the chart and set them up to the given value.

Parameters

• PeriodShort=6;
  Period for the fast MA. Ignore if optimize is true
• PeriodLong=40;
  Period for the slow MA. Ignore if optimize is true
• Method=0;
  Method for iMA
• Optimize=true;
  The indicator automatically chooses values for fast and slow MA
• DrawTringles=true;
  Draw triangles into the chart
• MinShortMA=2;
  MaxShortMA=20;
  MaxLongMA=100;
  Min and Max values for the optimization, it will try out values between 2 and 20 for the fast MA and 7 to 100 for the slow MA
• StepLongMA=5;
  StepShortMA=5;
  For speeding up the search, it is trying out every third value
• CountOptimize=200;
  It is analyzing 200 candles from the past. The more candles you analyze the slower it will be, a big number may also result in less good results
• OptimizeOnNewCandle=false;
  Start optimization on each new candle. Note: Optimization can take some time and slow down your terminal
• Alarm=true;
  Ring the bell if a new signal arises