Spezifikation
First of all, I would like to develop a custom indicator that could later be included in a full algo strategy.
I call it
“Essential Crossover”
This is about decisive, clear ma crosses over several MA's in a relatively short time (1-3 bars).
I use 4 MA's
8ema
20 sma
50 sma
200 sma
The 8ema is always the leader.
You could also add slightly increased volume and/or ADX <20 (ADX=8 setting, not standard 14) as an add-on, but we can do that later.
It would be good if the period (crossover within 1, 2, 3 ,4 bars) could be set as input.
https://docs.google.com/document/d/1vJv3YcmlUHdD72znN_bhDAT8w1uj2cg_O2K0LXNscVI/edit?usp=sharing
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