cowabunga
Created on 8/12/2013 3:07:18 PM
Make sure to check the MACD histogram before making a trade
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
MA
Moving Average 5 Exponential Close
Crosses from Bottom to Top
Moving Average 10 Exponential Close
RSI Buy
Relative Strength Index (RSI) 9 Close
Is Above
Constant (Horizontal line) Value: 50
Stochastic Buy
Stochastic Main
%K:10 %D:3 Slowing:3 MA Method:Simple Price Field:Low/High
Points Up (growing)
Stochastic 2 Buy
Stochastic Main
%K:10 %D:3 Slowing:3 MA Method:Simple Price Field:Low/High
Is Below
Constant (Horizontal line) Value: 80
Sell Signals
MA Sell
Moving Average 5 Exponential Close
Crosses from Top to Bottom
Moving Average 10 Exponential Close
Condition 4
Relative Strength Index (RSI) 9 Close
Is Below
Constant (Horizontal line) Value: 50
Stochastic Sell
Stochastic Main
%K:10 %D:3 Slowing:3 MA Method:Simple Price Field:Low/High
Points Down (lowering)
Stochastic 2 Sell
Stochastic Main
%K:10 %D:3 Slowing:3 MA Method:Simple Price Field:Low/High
Is Above
Constant (Horizontal line) Value: 20
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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.