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How the indicator works:
That indicator should allows me to put two
lines of Macd each with different parameters
The signal of the indicator shall be issued if
signal lines crossed MACD zero line or other level I add later
Also I want to have Option to make it false or
true to filter signal with stochastic with 2 options:
First
If stochastic crossed up from over sell level (20)
or what I add level for over sell to allow macd signal to appear
If stochastic crossed down from over bought
level (80) or what I add level for over bought allow macd signal to appear
Second
I can active or not moving average filter as
follow:
Suppose I add MA ( simple or other kinds ) at
50
In this case if macd crossed zero line up the price must be over MA 50 to be able to
see the arrow signal for buy
In this case if macd crossed zero line
down the price must be under MA 50 to be
able to see the arrow signal for sell
So we are dealing with:
MACD (THE MAIN INDICATOR I WILL USE)
STOCHASTIC (to be true or false with adjustable
parameters as I explained)
MOVING AVERAGE (to be true or false with
adjustable parameters as I explained)
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