LandOfCash Signal Indicator Wizard For LOCTrader Expert Advisor
This is an easy to use free tool to create indicators to use with Metatrader 4 platform and LOCTrader Expert Advisor. With this tool you can create your own Indicators using your logic to help you trade on the forex market or to trade automatically with LOCTrader Expert Advisor.
Step 1. Indicator Name and Description (Indicator Name is used as signal for LOCTrader Expert Advisor)
Please enter the name of your indicator. Be short don't use special chars and whitespaces. All non alpha-numeric chars will be removed.
Indicator Name: LOCSignal-
.mql
Name is required.
Indicator Description:Description is required.
Step 2. Indicator Rules (Order Sell and Buy conditions)
You need too add conditions for buy and sell signals. You can create multiple condition list. The signal is created when all conditions are passed. For example you can create a moving average cross and confirm with slower moving average.
Long (Buy) Position Conditions
2. Condition 2
14 period Moving Average (Close, Simple)
Crosses From Top to Bottom
14 period Moving Average (Close, Simple)
Short (Sell) Position Conditions
1. Condition 1
14 period Moving Average (Close, Simple)
Crosses From Top to Bottom
14 period Moving Average (Close, Simple)