Bounce from MA

MQL4 Indicators

Specification

ndicator have 2 MA as an  input. (MA1<MA2, quicker, slower)  Indicator checks back to N candle.
SELL / BUY
MA1 is < / > then MA2  &&  MA1(t1) <  /> MA1(t2)  &&  MA2(t1) < / > MA2(t2)  
(So MA 1 is below/above MA2  and  MA1, MA2  Sloping down/up)
If above first logical evaluation is true:
  1.Checks if any of previous N candle high/low > /<  EMA1
  2.Checks if any of previous N candle high/low > /<   EMA2 and Checks if last candle close is < / >  EMA1 
Check 1,2 options can be chosen.
Obviously because of definition and check order, If check 2 is true, check 1 is true.
If check is true indicator draws a histogram and sets data buffer 0 to 1(Buy) or sets data buffer 1 to -1(Sell).  
Indicator runs on Open candle and can be set to check last closed candle. 


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