5Mscalp3MA
Created on 3/22/2012 1:20:50 PM
Cross of 1 ema, with 14 lwwc in agreement of the 88 lwwc ma all from the 15M chart, applied to the 5M chart (1 ema, 42 lwwc, and 240 lwwc)
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
14 lwwc cross 15M chart
Moving Average 1 Exponential Close
Crosses from Bottom to Top
Moving Average 42 Linear Weighted Weighted (high+low+close+close)/4
88 lwwc 15M chart filter
Moving Average 1 Exponential Close
Is Above
Moving Average 240 Linear Weighted Weighted (high+low+close+close)/4
Sell Signals
14 lwwc Cross on15M chart
Moving Average 1 Exponential Close
Crosses from Top to Bottom
Moving Average 42 Linear Weighted Weighted (high+low+close+close)/4
88 lwwc 15M chart filter Sell
Moving Average 1 Exponential Close
Is Below
Moving Average 240 Linear Weighted Weighted (high+low+close+close)/4
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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.