SP Exponential Indicator
Created on 6/8/2018 3:26:46 PM
The indicator is based on moving averages(exponential). If 5 crosses 8 from the bottom to the top we sell and when 8 crosses 5 from the bottom to the top we buy.
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 8 Exponential Open
Crosses from Bottom to Top
Moving Average 5 Exponential Open
Sell Signals
Condition 2
Moving Average 5 Exponential Open
Crosses from Bottom to Top
Moving Average 8 Exponential Open
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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.