I need a simple indicator to show buy and sell signals with the following specifications
1. The indicators needed are:
1A. 3 Simple moving averages, each settable on the settings tab.
SM1 - Fast Simple moving average
SM2 - Mid Simple moving average
SM3 - Slow Simple moving average
1B. Parabolic SAR with values settable on the settings tab.
1C. MACD with the 3 values settable on the settings tab.
1D. Exponential moving average with the value settable in the settings tab.
2. Determination of Buy or Sell signal
BUY Signal when the following conditions are met
2A1. When SMA1 CROSSES above SMA2 AND both SMA1 and SMA2 are above SMA3
AND
2A2. The MACD is above the signal line
AND
2A3. The current candle low is above the EMA. NOTE THAT THIS CONDITION CAN BE TURNED ON AND OFF FROMT HE SETTINGS TAB (USE EMA/YES OR NO)
AND
2A4. The SAR is below the current price
SELL Signal when the following conditions are met
2B1. When SMA1 CROSSES below SMA2 AND both SMA1 and SMA2 are below SMA3
AND
2B2. The MACD is below the signal line
AND
2B3. The current candle high is below the EMA. NOTE THAT THIS CONDITION CAN BE TURNED ON AND OFF FROMT HE SETTINGS TAB (USE EMA/YES OR NO)
AND
2B4. The SAR is above the current price
3. Signal Display
3A. For BUY signal, show GREEN arrow
3B. For SELL signal, Show RED arrow.
3C. Arrow size should be big enough.
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