Binary Options Signal
Created on 7/24/2012 9:29:49 PM
sell arrow when 6 period of rsi is above 70 and bid price is below 200 period ma and signal macd is below 0. buy arrow when 6 period rsi is below 30 and bid price is above 200 and signal macd is above 0
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) 6 Close
Crosses from Top to Bottom
Constant (Horizontal line) Value: 30
Condition 2
MACD Signal
Fast EMA period:12 Slow EMA period:26 Signal period:9 Applied to:Close
Is Above
Constant (Horizontal line) Value: 0
Sell Signals
Condition 3
Relative Strength Index (RSI) 6 Close
Crosses from Bottom to Top
Constant (Horizontal line) Value: 70
Condition 4
MACD Signal
Fast EMA period:12 Slow EMA period:26 Signal period:9 Applied to:Close
Is Below
Constant (Horizontal line) Value: 0
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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.