Hi All,
I have been using this on another platform and it works very well, I just would like to have it built for MT4
What is is, are 2 exponential moving averages on same chart.
10 ema - (color black)
26 ema - (color red)
1.When they cross or touch, an audible alert would sound.
2.And a different sounding alert when the numerical differences between them reaches minimum 7 units. (i.e.=1.1869 on one and the other =1.1862) (based on price close, period 10 or 26, exponential)
It is very simple in that you are buying/selling into the direction of the black ema.
Thanks for any help I get with this!
PalexaLook here for an almost identical strategy:
Help with easy EMA
Yep, that is pretty darn close. I think based on the results of the backtesting that is posted, that this would not be effective as an EA. What I am looking for is an indicator that can be manually traded. It would have to have the audible alerts and the differing colors that I indicated in prior string. I'm sure that it is out there! Anyone???
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Hi All,
I have been using this on another platform and it works very well, I just would like to have it built for MT4
What is is, are 2 exponential moving averages on same chart.
10 ema - (color black)
26 ema - (color red)
1.When they cross or touch, an audible alert would sound.
2.And a different sounding alert when the numerical differences between them reaches minimum 7 units. (i.e.=1.1869 on one and the other =1.1862) (based on price close, period 10 or 26, exponential)
It is very simple in that you are buying/selling into the direction of the black ema.
Thanks for any help I get with this!
Palexa