MA_Buy_comparison
Created on 8/1/2013 12:55:49 PM
Buy signals get generated if short time frame EMA's are higher than longer time frames in preceeding order. Buy only if short term EMA's are confirmed by mid and long term market trends.
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
EMA5>EMA6
Moving Average 5 Exponential Close
Is Above
Moving Average 6 Exponential Close
EMA13>EMA21
Moving Average 13 Exponential Close
Is Above
Moving Average 21 Exponential Close
EMA89>SMA89
Moving Average 89 Exponential Close
Is Above
Moving Average 89 Simple Close
RS!14>HL50
Relative Strength Index (RSI) 14 Close
Crosses from Bottom to Top
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.