RSI18EMA21Cross
Created on 11/26/2012 5:58:07 PM
Buy - RSI 18 above 50, Filtered - 5 EMA close above 5 EMA open, 10 EMA above 21 EMA.
Sell - RSI below 50, Filtered - 5 EMA close below 5 EMA open, 10 EMA below 21 EMA.
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 3
Moving Average 10 Exponential Close
Is Above
Moving Average 21 Exponential Close
Condition 6
Moving Average 5 Exponential Close
Is Above
Moving Average 5 Exponential Open
Condition 19
Relative Strength Index (RSI) 18 Close
Is Above
Constant (Horizontal line) Value: 50
Sell Signals
Condition 7
Relative Strength Index (RSI) 18 Close
Is Below
Constant (Horizontal line) Value: 50
Condition 12
Moving Average 5 Exponential Open
Is Above
Moving Average 5 Exponential Close
Condition 13
Moving Average 10 Exponential Close
Is Below
Moving Average 21 Exponential Close
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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.