20 EMA Channel
Created on 5/16/2013 5:07:36 AM
20 EMA Channel Cross with 50 EMA Filter
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
20 EMA Above 50 EMA
Moving Average 20 Exponential Close
Is Above
Moving Average 50 Exponential Close
20 EMA Slope Up
Moving Average 20 Exponential Close
Points Up (growing)
Price Cross 20 EMA High Up
Moving Average 1 Simple Close
Crosses from Bottom to Top
Moving Average 20 Exponential High
Sell Signals
20 EMA Below 50 EMA
Moving Average 20 Exponential Close
Is Below
Moving Average 50 Exponential Close
20 EMA Slope Down
Moving Average 20 Exponential Close
Points Down (lowering)
Price Cross 20 EMA High Down
Moving Average 1 Simple Close
Crosses from Top to Bottom
Moving Average 20 Simple Low
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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.