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“Ellizii Scalper MA” is a trend indicator that has a trading system built into it. The main advantage of this indicator is the determination of the trend movement of the price. Why is that? Because a moving average is used for this. But any trader knows that it smooths out fluctuations well, especially on large segments, but at the same time it is very late. Therefore, an oscillatory filter was added to the used moving average, which allows you to filter out price noise.

The parameter “History_Limit” – specifies the time period on which the indicator works.

  • “ENUM_BARS_COUNT” – limit on the number of history bars (the barsCount parameter). The countdown is conducted from the current bar;
  • “ENUM_TIME_POINTS” – time limit. Two parameters are used for this purpose Begin and End;
  • “ENUM_NONE” the indicator works on the entire history; Setting this value may cause a delay in operation at the time of loading the indicator. This is due to the fact that with a large volume of history, you will need to create a huge number of graphic objects

The “barsCount” parameter sets the number of analyzed bars.

The “Begin” parameter is the calendar date of the beginning of the analyzed history segment.

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The ” End” parameter is the calendar date of the end of the analyzed history segment.

The “SoundAlert” parameter-displays a window with a message about the beginning and end of consolidation.

The “PushNotification” parameter-sends a Push notification about the beginning and end of consolidation .

The “EmailAlert” parameter-sends a message about the beginning and end of consolidation to an email.

The “Sound” parameter-at the beginning or end of consolidation, an audio file is played, the name of which is specified in the “SoundFile” parameter.

Each of the specified parameters takes the value “ON/OFF”. The data required for sending Push notifications or email messages is specified in the terminal settings.

The “Font_Name” parameter is the name of the font used in the information panel. This:

  • Arial
  • Courier
  • Courier New
  • MS Sans  Serif
  • Tahoma
  • Times New Roman
  • Verdana

The “Font_Size” parameter-determines the font size.

The “ColorScheme” parameter sets the color scheme of the indicator. There are only five of them:

  • AQUA
  • BIG_TOP
  • BLUE_GOLD
  • FIRE_GOLD
  • GREEN

The “Corner” parameter-defines the angle of the graph to which the information panel is bound.

  • Left upper chart corner – upper left corner
  • Left lower chart corner – lower left corner
  • Right upper chart corner – upper right corner
  • Right lower chart corner – lower right corner

The “MA_Period” parameter is the smoothing period of the moving average.

The “MA_Method” parameter is the smoothing method used when calculating the moving average.

The “MA_Step” parameter is the value of the period used for additional smoothing of the moving average.

The “SAR_Step” parameter refers to the settings of the “Parabolic SAR” indicator. The higher its value, the more often there are signals for

The “Profit_Pips” parameter-sets the distance, in points from the price, at the time of the signal appearance. The TakeProfit level is located at this distance.

The “Loss_Pips” parameter-sets the distance, in points from the price, at the time of the signal appearance. The StopLoss level is located at this distance.

The “Zero_Pips” parameter sets the distance, in points, that the price must pass in order to set the breakeven level for the signal.

Parameter Description
Profit DealsNumber of profitable trades
Loss DealsThe number of unprofitable transactions
Net Profit Net profit (in points)
Net LossNet loss (in points)
Total ProfitThis is the sum of net profit and net loss
Total Deals Total number of transactions
  Profit Coefficient Ethe ratio of net profit to net loss

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