Fixing an Indicator- So not to give false buy and sell signal

Indicators Scripts

Specification

Please note that this is not EA, I want to eliminate false signals when the market will move sideways I do not want any buy or sell signals when it is in a range on M1 frame only. the ema is 5, 7 and 13

You use distance between the ema also, for example for each symbol 'pips value’, for examples the lines must move away from each other for a certain distance, so signal can be activated when lines crossed. You can use high and low for this, if there to close to each other for too long, its mean 'its ranging' .... so, no signal


Files:

PNG
2.png
91.8 Kb
PNG
5.png
104.8 Kb

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