Hi guys, based on the OverLay indicator by SBT i've develop an MA correlation, this MA will show the prices like an normal MA but for other pair on your chart.



A picture explain everything more clear i think...



I still need help and working on a Signal when this MA cross the other pair and the people can have a way to choose wich MA type they want for the other correlated pair.



Hope we can develop an EA or new trading system based on this indicator.



The new options are:

MA price => close, high, low, or open
MA_line_height => the height of the ma, can be any number
MA_color => the color of the MA
ShowCandles => turn on/off the candles overlay
ShowMA => turn on/off the MA

I'm still working on how to define the MA type, like SMA, EMA, LWMA, etc


Kindest regards,

Thomas

Attached Images

ma-correlation.GIF (50.3 KB, 447 views)

Attached Files

OverLayChart-MA.mq4 (10.5 KB, 139 views)

NICE JOB
I RECOMMEND USING SWINGMAN OVERLAY ...ITS MORE STABLE THAN S.B.T
CAN FIND ON FF SITE