20Fifty indicator

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20Fifty indicator

Postby grich48 » Fri Nov 03, 2017 10:35 am

Hi. I would like to make a request for an indicator please. It would place a 20 period and a 5o period simple moving average on a chart. A sell signal would be generated ONLY when the 20 was already below 50 and price comes from ABOVE 20 and CLOSES BELOW 20. Buy signal would be generated ONLY when 20 was already above 50 and price comes from BELOW 20 and CLOSES ABOVE 20. I would also like (if possible) to have the option of using this as a signal generator or to automatically open a buy/sell position. In the automated version a close above/below 50 would stop the trade. Thank you for considering this request.
grich48
 
Posts: 3
Joined: Fri Nov 03, 2017 9:52 am


Re: 20Fifty indicator

Postby grich48 » Sat Nov 04, 2017 7:44 am

Thanks Apprentice. Can you tell me if this takes one MA being higher/lower than the other before it triggers though?
grich48
 
Posts: 3
Joined: Fri Nov 03, 2017 9:52 am

Re: 20Fifty indicator

Postby grich48 » Sat Nov 04, 2017 7:47 am

Ok scrub last question, apologies. Just read parameters of indicator and I think it does take position of MAs into account. I'll give that a go. Thanks again
grich48
 
Posts: 3
Joined: Fri Nov 03, 2017 9:52 am


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