20 EMA Channel with RSI Filter 2
Created on 6/12/2013 7:03:26 AM
20 EMA Channel with RSI Filter 2
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
Price Crosses EMA(20) High From Below
Moving Average 1 Simple Close
Crosses from Bottom to Top
Moving Average 20 Exponential High
RSI(10) Above 55
Relative Strength Index (RSI) 10 Close
Is Above
Constant (Horizontal line) Value: 55
RSI(10) Above MA
Relative Strength Index (RSI) 10 Close
Is Above
Moving Average 10 Simple Close
Sell Signals
Price Crosses EMA(20) Low From Above
Moving Average 1 Simple Close
Crosses from Top to Bottom
Moving Average 20 Exponential Low
RSI(10) Above 55
Relative Strength Index (RSI) 10 Close
Is Below
Constant (Horizontal line) Value: 45
RSI(10) Below MA
Relative Strength Index (RSI) 10 Close
Is Below
Moving Average 10 Simple Close
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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.