FXCM Forex Trading

Flat/Trend Signal

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Flat/Trend Signal

Postby Apprentice » Mon Aug 23, 2010 5:33 am

Flat.png


The indicator formula is
if SignalMACD<MACD and MACD>0 then indicator show up trend,
if SignalMACD>MACD and MACD<0 then indicator show down trend
else indicator show neutral.

FlatTrendSignal.lua
(3.41 KiB) Downloaded 647 times


To work this signal does not need to have external indicators.
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Apprentice
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