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Hello,

How could the difference between the 2 moving averages in pips be done on TA.
Say, after ascertain the shorter MA cross above the longer MA, I like to ensure there is significance seperation between the 2 curves before placing a trade. For a LONG, I simply try to ensure that there is a slope of the MAs rather than a flatliner.

Thanks

You can't get it in pips. A possible solution would be to compare the MA with the MA for the previous bar using shift 1.
Maybe this can help viewtopic.php?f=6&t=13&p=49&hilit=shift#p49
Also, You can add an AND and a new TA with another indicator like momentum that confirms your ma signals.

Another solution (more complex) would be to download the indicator builder http://www.molanis.com/products/molanis ... r-download and create a custom indicator, then use it in a TA as a custom indicator.
Here you need some math to create the indicator calculation. Using close price:
MA period 2 = (Close[i]+Close[i+1])/2
MA period 3 = (Close[i]+Close[i+1]+Close[i+2])/3
Find MA period 2 - MA period 3 and use it as the calculation for the indicator (you get the price difference - not pips): ((Close[i]+Close[i+1])/2) - ((Close[i]+Close[i+1]+Close[i+2])/3)
This is a bit complex when using periods higher than 5. In the next release of the indicator builder we'll add an average to make the calculation simple

Molanis Team

Hi Molanis Team,

Regarding the use of MA, there is the 'MA Shift' and 'Shift' field.
Please correct me on this.

'Shift' refers to the price bar, meaning 0 is the current uncompleted, 1 is the previous completed bar, ...n. Usage normally for comparing MA trending.

I am not sure what 'MA Shift' for and its usage.

Thanks for the prompt reply as always.

To understand the shift concept plot MA and change the shift.

Molanis Team

Hi

The MA Shift on MT4 chart is a forward shift for MA Shift = 1.
It appears that for Molanis, it is a backward shift?

Regards

We follow MT4 standard. The shift is to tell the system where to get the indicator value.
For MA shift look here http://forum.mql4.com/16290
MetaTrader definition here http://docs.mql4.com/indicators/iMA
Molanis Team