PorterNonYen
Created on 8/18/2013 8:20:47 PM
This indicator looks at RSI, Stochastic, MACD and uses trend lines to determine a short or long position. This EA can only work on Non Yen pairs and you have to set your EA to only trade 1 position at a time.
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
RSI Buy Signal
Relative Strength Index (RSI) 14 Close
Is Above
Constant (Horizontal line) Value: 65
MA Long Signal
Moving Average 75 Exponential Close
Is Above
Moving Average 75 Simple Close
MA Buy Signal
Moving Average 38 Exponential Close
Is Above
Moving Average 75 Exponential Close
MA Buy Direction
Moving Average 100 Simple Close
Points Up (growing)
MA 2 Buy Direction
Moving Average 75 Simple Close
Is Above
Moving Average 100 Simple Close
Stochastic Buy Signal
Stochastic Main
%K:10 %D:3 Slowing:3 MA Method:Simple Price Field:Low/High
Is Above
Constant (Horizontal line) Value: 80
MACD Buy Signal
MACD Signal
Fast EMA period:12 Slow EMA period:26 Signal period:9 Applied to:Close
Is Above
Constant (Horizontal line) Value: 0.0002
Sell Signals
RSI Sell Signal
Relative Strength Index (RSI) 14 Close
Is Below
Constant (Horizontal line) Value: 35
MA Short Signal
Moving Average 75 Exponential Close
Is Below
Moving Average 75 Simple Close
MA Sell Signal
Moving Average 38 Exponential Close
Is Below
Moving Average 75 Simple Close
MA Sell Direction
Moving Average 100 Simple Close
Points Down (lowering)
MA 2 Sell Direction
Moving Average 75 Simple Close
Is Below
Moving Average 100 Simple Close
Stochastic Sell Signal
Stochastic Main
%K:10 %D:3 Slowing:3 MA Method:Simple Price Field:Low/High
Is Below
Constant (Horizontal line) Value: 20
MACD Sell Signal
MACD Signal
Fast EMA period:12 Slow EMA period:26 Signal period:9 Applied to:Close
Is Below
Constant (Horizontal line) Value: -0.0002
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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.