ACS
Created on 11/7/2016 11:26:47 AM
Enter LONG when the 5 EMA crosses the 10 EMA from underneath.
RSI must be approaching 50 from the BOTTOM and cross 50 to warrant entry.
Enter SHORT when the 5 EMA crosses the 10 EMA from the top.
RSI must be approaching 50 from the TOP and cross 50 to warrant entry.
Always move your S/L after you are in profit so that you break even.
Aim for 50 - 100 pips per trade.
ONLY USE THE 1 HOUR CHART! DO NOT GO LOWER!
Make sure both the EMA's cross AND the RSI is crossing 50 in the direction of your trade.
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
ACS_Buy
Moving Average 5 Exponential Close
Crosses from Bottom to Top
Moving Average 10 Exponential Close
ACS_RSI_Buy
Relative Strength Index (RSI) 10 Median (high+low)/2
Crosses from Bottom to Top
Constant (Horizontal line) Value: 50
Sell Signals
ACS_Sell
Moving Average 5 Exponential Close
Crosses from Top to Bottom
Moving Average 10 Exponential Close
ACS_RSI_Sell
Relative Strength Index (RSI) 10 Median (high+low)/2
Crosses from Top to Bottom
Constant (Horizontal line) Value: 50
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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.