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EMAs cross indicator (a must for MAs cross research!)

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Altern8
55
Altern8  

Hi scorpion,

I was wondering if you can code another indicator that shows buy/sell signals with arrows for me. I was playing around with MA’s, trying new things, and found the following gave some ‘good’ buy/sell signals. I have only tried this on gbp/usd.

The setup is as follows:

3 EMA’s, set at 5,10 and 34. (apply to close and shift set to 0)

5 Min candle chart

Buy signal - Buy if the next bar opens above, when the 5 and 10 EMA’s moves above the 34EMA.

Sell signal – Sell if the next bar opens below, when the 5 and 10 EMA’s moves below the 34EMA.

At the moment, I have no ‘set’ rules for exits. I generally use a 15pip trailing stop.

I have uploaded a gif for an example, the url is https://www.mql5.com/go?link=http://www.kitsonik.com/kevin/today.gif

Any help would be great. Thankyou

-A8

Scorpion
4110
Scorpion  

No problem dude. Check back again soon...

Oh, i'll be changing this thread title, so be sure not to lose the way.

Altern8
55
Altern8  

Hiya,

bud, thats great thankyou, I appricate all your hard work.

-A8

Scorpion
4110
Scorpion  

Hey

This is what you want. Cheers!

Remember that everything is configurable. You can set the MAs' period and type individually and have the arrows instantly redrawn automatically. Easy, right?

Altern8
55
Altern8  

Hiya bud,

Your a star, tried it today, and worked like a charm.

Thankyou very much

-A8

banzai
298
banzai  

Thanks for the indicator. That's what I needed.

nicesurf
205
nicesurf  

Very simple system,,, thanks

jzb
7
jzb  

How can i disable the pop up window alrams /or not have the pop up window come up at all to alert me on a signal which came with an indicator which i added to the indicator list in mt4 , it is realy dsturbing me popping up all the time .

many thanks for your help /

aminghmn
3
aminghmn  

hello guys...

looking forward for the future with forex hehe

illimitable
5
illimitable  

Holla

sedakensearch
6
sedakensearch  

I was serching all around the net to find this indicator....

great thank you

12
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