EMA crossover indicator needed

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EMA crossover indicator needed

Postby wohoo19m » Sun Sep 12, 2010 9:30 pm

Hello,

This indicator is called MA_Color in MT4. It's basically 2 EMAs calculated into one line. When they crossover, that line changes colors. Also, if the candle body happens to hit the MA line, the line will change color as well to yellow ( in this case ) to indicate indecision. Only the body of the candle though, it won't will go back to the color it was before if the body moves away from the line again.

I've attached a picture so you can get the idea a little better.

the EMAs are as follow:

5 EMA, set to close, green color
14 EMA, set o close, red color

Image

thanks for any help!
wohoo19m
 
Posts: 2
Joined: Sun Sep 12, 2010 9:15 pm



Re: EMA crossover indicator needed

Postby mennzz » Wed Sep 15, 2010 6:18 am

Apprentice wrote:Do you have Mq4 version of this indicator.


He is probably talking about the Slope Direction Line Indicator [- viewtopic.php?f=17&t=949&start=0&hilit=Slope+Direction -].

Or the T3 Indicator (But you have to make color in it when the price crosses the line...) [- http://www.fxcodebase.com/code/viewtopi ... =17&t=1302 -]
mennzz
 
Posts: 78
Joined: Sun Jul 04, 2010 4:28 pm

Re: EMA crossover indicator needed

Postby wohoo19m » Wed Sep 15, 2010 11:54 am

here's the mq4 ( I've attached, let's hope it works...)
wohoo19m
 
Posts: 2
Joined: Sun Sep 12, 2010 9:15 pm



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