Elfahoum_Trend
Created on 1/5/2013 4:45:42 AM
i use this indicator for trend trading
copy right for MOHAMAD ELFAHOUM
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
buy-line
Moving Average 144 Exponential Close
Crosses from Bottom to Top
Moving Average 200 Simple Close
buy-line2
Moving Average 10 Exponential Close
Crosses from Bottom to Top
Moving Average 25 Exponential Close
buy-line3
Relative Strength Index (RSI) 21 Close
Is Above
Constant (Horizontal line) Value: 55
buy-line4
MACD Main
Fast EMA period:12 Slow EMA period:26 Signal period:9 Applied to:Close
Is Above
Constant (Horizontal line) Value: 0
Sell Signals
sel-line
Moving Average 144 Exponential Close
Crosses from Top to Bottom
Moving Average 200 Simple Close
sel-line-2
Moving Average 10 Exponential Close
Crosses from Top to Bottom
Moving Average 25 Exponential Close
sel-line4
MACD Main
Fast EMA period:12 Slow EMA period:26 Signal period:9 Applied to:Close
Is Below
Constant (Horizontal line) Value: 0
sel-line3
Relative Strength Index (RSI) 21 Close
Is Below
Constant (Horizontal line) Value: 55
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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.