EMA(21) Channel with Stoch 50 Line
Created on 10/7/2013 8:21:24 AM
EMA(21) Channel with Stoch 50 Line
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
Close > EMA(21)
Moving Average 1 Simple Close
Is Above
Moving Average 21 Exponential High
Stoch Crosses 50 From Below
Stochastic Main
%K:8 %D:3 Slowing:3 MA Method:Simple Price Field:Low/High
Crosses from Bottom to Top
Constant (Horizontal line) Value: 50
Sell Signals
Close < EMA(21) Low
Moving Average 1 Simple Close
Is Below
Moving Average 21 Simple Low
Stoch Crosses 50 From Above
Stochastic Main
%K:8 %D:3 Slowing:3 MA Method:Simple Price Field:Low/High
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.