2rsimacd2
Created on 12/9/2016 8:14:10 PM
rsi 4 cross Y line, Change Direction
rsi 14 above or below Y line
macd 5,10,4 above or below Y line, directs Up or Down
This indicator can be used as a signal provider for
LOCTrader Expert Advisor.
EURUSD
USDJPY
GBPUSD
USDCHF
M1
M5
M15
M30
Hourly
H4
Daily
Buy Signals
Condition 1
Relative Strength Index (RSI) 4 Close
Crosses from Bottom to Top
Constant (Horizontal line) Value: 65
Condition 4
Relative Strength Index (RSI) 4 Close
Changes from pointing DOWN to UP (Minimum)
Condition 5
Relative Strength Index (RSI) 14 Close
Is Below
Constant (Horizontal line) Value: 70
Condition 6
MACD Main
Fast EMA period:5 Slow EMA period:10 Signal period:4 Applied to:Close
Is Above
Constant (Horizontal line) Value: 0
Condition 7
MACD Main
Fast EMA period:5 Slow EMA period:10 Signal period:4 Applied to:Close
Points Up (growing)
Sell Signals
Condition 8
Relative Strength Index (RSI) 5 Close
Crosses from Top to Bottom
Constant (Horizontal line) Value: 35
Condition 9
Relative Strength Index (RSI) 4 Close
Changes from pointing UP to DOWN (Maximum)
Condition 10
Relative Strength Index (RSI) 14 Close
Is Above
Constant (Horizontal line) Value: 30
Condition 11
MACD Main
Fast EMA period:5 Slow EMA period:10 Signal period:4 Applied to:Close
Is Below
Constant (Horizontal line) Value: 0
Condition 12
MACD Main
Fast EMA period:5 Slow EMA period:10 Signal period:4 Applied to:Close
Points Down (lowering)
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This is a custom indicator for Metatrader 4 platform. To use it you need:
- Download this indicator and copy into your metatrader experts/indicators folder.
- Restart your Metatrader 4 terminal.
- Indicator will appear under Custom Indicators section. Attach the indicator on the chart.