Hi coders, here is my requirement for this indicator;
INDICATOR NAME
"PVA TREND INDICATOR"
time frame H1
INDICATOR NEEDED
50 EMA
13 EMA
CANDLE SUITS INDICATOR. (i will send you if you don't have it)
BASED ON TREND FOLLOWING ONLY.
INDICATOR HAS TO BE ABLE TO IDENTIFY A TREND USING
THE CROSS OF THE 13 EMA OVER THE 50 EMA FOR UP TREND
AND THE CROSS OF THE 13 EMA OVER THE 50 EMA FOR A DOWNTREND.
EXAMPLE OF A WHAT A BUY SIGNAL WOULD LOOK LIKE
TIME FRAME H1, 13 EMA CROSS ABOVE 50 EMA
STEP:1 ROBOT IDENTIFY UP TREND BASED ON 13 EMA CROSSING ABOVE 50 EMA
STEP:2 ROBOT WAIT FOR ENGULFING RED CANDLE SUITS TO PAINT
STEP:3 ROBOT SEND BUY SIGNAL ON CANDLE CLOSE WITH OPTION TO AUTOMATICALLY TRIGGER A BUY TRADE WITH 2% RISK BASED ON ACCOUNT BALANCE AND STOP LOSSE
EXAMPLE OF SELL SIGNAL ALERTER
STEP:1 ROBOT IDENTIFY DOWN TREND BASED ON 13 EMA CROSSING ABOVE 50 EMA
STEP:2 ROBOT WAIT FOR ENGULFING GREEN CANDLE SUITS TO PAINT
STEP:3 ROBOT SEND SELL SIGNAL ON CANDLE CLOSE WITH OPTION TO AUTOMATICALLY TRIGGER A BUY TRADE WITH 2% RISK BASED ON ACCOUNT BALANCE AND STOP LOSSE
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