Ema44
Created on 2/9/2013 9:44:51 PM
When the Ema5 crossover the Ema44 go long
When the Ema5 cross down the Ema 44 go short
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
Moving Average 5 Exponential Close
Crosses from Bottom to Top
Moving Average 44 Exponential Close
Condition 2
Stochastic Main
%K:5 %D:3 Slowing:3 MA Method:Simple Price Field:Low/High
Is Above
Constant (Horizontal line) Value: 70
Condition 3
Relative Strength Index (RSI) 21 Close
Is Above
Constant (Horizontal line) Value: 50
Sell Signals
Condition 4
Moving Average 5 Exponential Close
Crosses from Top to Bottom
Moving Average 44 Exponential Close
Condition 5
Stochastic Main
%K:5 %D:3 Slowing:3 MA Method:Simple Price Field:Low/High
Is Below
Constant (Horizontal line) Value: 30
Condition 6
Relative Strength Index (RSI) 21 Close
Is Below
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.