Use the UniversalEMA, you can specify three EMAs
oh my goodness.. thank you very much!
Ok added this message:
I've tried to put the other two EMAs 4-period and 9-period into the mq4 you gave, but the coding seems to have error. As I have not much knowledge about the editor, probably someone could help me by editing my attachment here. Thanks!
oh my goodness.. thank you very much!
Ok added this message:
I've tried to put the other two EMAs 4-period and 9-period into the mq4 you gave, but the coding seems to have error. As I have not much knowledge about the editor, probably someone could help me by editing my attachment here. Thanks!Hi Maria !!
I am using 3 ma in my settings too, with very simmilar inputs, but i lower timeframes (15 min and 30 min) Very succesful !
I recommend you to download XPma v.2 indicator from codersguru thread in this forum. Very usefull for my trade !! Just customize xpma colors and settings according your needs.
Triple EMA corrected
oh my goodness.. thank you very much!
Ok added this message:
I've tried to put the other two EMAs 4-period and 9-period into the mq4 you gave, but the coding seems to have error. As I have not much knowledge about the editor, probably someone could help me by editing my attachment here. Thanks!Here you go. It was just an incomplete comment typo.
Here you go. It was just an incomplete comment typo.
Hey thanks. Is it possible to make the 4 EMA and 9 EMA appear in that mq you just edited? Still figuring out myself. but thanks anyway I can still do by adding manually.
Hi Maria !!
I am using 3 ma in my settings too, with very simmilar inputs, but i lower timeframes (15 min and 30 min) Very succesful !Ya fxnewbie, I prefer H4 chart as not so volatile.. will try out the xpma. hmmm
3 emas
hi,
i already posted similar system based on the ema14, ema34 and ema50.
i coded 2 indicators for this.
1- 3ema signal v0.1 showing a buy or sell signal when the 3 emas are in order.
2- trendstrength measuring the gap between the three.
hope those indicators fullfill your needs.
hi,
i already posted similar system based on the ema14, ema34 and ema50.
i coded 2 indicators for this.
1- 3ema signal v0.1 showing a buy or sell signal when the 3 emas are in order.
2- trendstrength measuring the gap between the three.
hope those indicators fullfill your needs.Hey thanks looks very good. I've changed the EMAs. I think this indicator works best in a fast trending ranging market.. and it applies to all the majors! But patience is needed.
Added: btw, what does the Arrow Shift mean?
hi,
i already posted similar system based on the ema14, ema34 and ema50.
i coded 2 indicators for this.
1- 3ema signal v0.1 showing a buy or sell signal when the 3 emas are in order.
2- trendstrength measuring the gap between the three.
hope those indicators fullfill your needs.Hye nnjeim, I've changed the EMAs to 4/9/18 but your signal seems to lag a bit after the initial crossover.. can you help?
ema signals
hi,
the signals are plotted on the chart when:
ema1>ema2>ema3 for buy
and
ema1<ema2<ema3 for sell
do you need to change the conditions?
tk
Hey thanks!
I've noticed that this ZigAndZag(1).mq4, the signal arrow is slight faster. However, it is not using the EMA cross over so I was kind of puzzled.
You did a good job, I've taken a second look. Probably I'm just being eager, hoping that I could have a early warning signal, and then a fire off signal when both smaller EMAs cross over the big EMA. So I could have a standby mode. LOL
Attached is the ZigAndZag(1).mq4.
![MQL5 - Language of trade strategies built-in the MetaTrader 5 client terminal](https://c.mql5.com/i/registerlandings/logo-2.png)
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
You agree to website policy and terms of use
Hi guys,
I need two very simple EMA indicators that has been working very well for the backtesting. Although there're false signals but it is very minimal especially on 4-H and daily chart.
Ok here's how:
I've three EMAs shown on a chart; 4-EMA, 9-EMA and 18-EMA. This set of EMAs I've read it from a book found in the early 90s. It mentioned that this set of EMAs is very effective. As I did take a look at past results on the 3 EMAs, I realized it is very true. The main move is when the 4-EMA crossover 9-EMA, and the signal buy or sell will trigger.
Two proposed simple indicators:
Faster signal but slightly riskier
4-EMA moves below 9-EMA would trigger a sell, while 4-EMA moves above the 9-EMA would trigger a buy.
Much safer and accurate signal
4-EMA cross below 9-EMA would trigger a "Standby Signal", when both 4-EMA and 9-EMA cross below the 18-EMA, it will recommend "SELL". The reverse is the same.
Both work well on the 4-H chart as far back as 2003 because the majors are usually fast trending-within-range markets so there're many reversals.
Hope some of you can help! It's useful for sure if discipline and careful SL is implemented.
Comments are welcome.