PWTrade
Created on 12/15/2020 3:46:45 AM
Sequental configuration of price waves
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) 7 Open
Crosses from Bottom to Top
Commodity Channel Index (CCI) 8 Open
Condition 3
Moving Average 6 Linear Weighted Open
Is Above
Stochastic Main
%K:10 %D:3 Slowing:6 MA Method:Smoothed Price Field:Close/Close
Condition 5
Relative Strength Index (RSI) 11 Median (high+low)/2
Changes from pointing DOWN to UP (Minimum)
Sell Signals
Condition 2
Relative Strength Index (RSI) 8 Open
Crosses from Bottom to Top
Commodity Channel Index (CCI) 8 Open
Condition 4
Stochastic Main
%K:7 %D:3 Slowing:6 MA Method:Exponential Price Field:Close/Close
Points Up (growing)
Condition 6
Commodity Channel Index (CCI) 11 Typical (high+low+close)/3
Points Up (growing)
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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.