Arrow indicator Ma Distance From Price & alerts - is a signal indicator based on the difference between the price of the position moving average. The source code of the indicator was finalized by the famous author of technical indicators mladen.
By eliminating the calculation of history bars the speed of the indicator has increased, the parameter pip buffer is now expressed not in points, but in pips and can be fractional. The method of calculation of the moving average is no longer indicated by numbers, but by its full alphabetic name. Also, the problem of signal re-drawing has been eliminated and an alert system has been added.
According to ForTrader.org experts, signals Ma Distance From Price & alerts arrow indicator should be filtered by other technical indicators. In addition, experienced experimentation with indicator settings can increase its efficiency and profitability