Although there are many similar indicators out there, this particular one is based on code previously published by Mladen Rakic and incorporates a number of improvements, part of which was added following user request in comments.
List of fixes and improvements
Trading alerts (Alerts in MT4 terminal, Email notifications, Push notifications).
Inputs to enable/disable each alert type separately.
Simplified and easy-to-grasp color theme.
Additional signal buffer (Indicator output value).
Miscellaneous minor fixes.
The list of adjustable parameters
Average Period = 30 – indicator period.
Sensitivity = 3 – sensitivity to price fluctuations.
Please, make sure you combine these signals with other sources of fundamental and technical analysis, do not rely on this indicator alone for your trading decisions.
