300 EMA_Buy_Sell_Indicator

J

jerrydinvestor

New member
VIP
Hello Everyone,

This indicator was made on request.

The indicator will plot 300EMA and will show buy and sell signals if the price moves above or below the 300EMA.

Also, it shows Lable on the top right side indicating the price is above or below it(Since 300 EMA can be far from the current price and this label helps to quickly glance through).



**Green = Buy

Red = Sell**


I would wait for 3 to 4 candle after the indicator has fired a signal.

If you guys want more features to be added let me know in the comments.

http://tos.mx/MLmg9K

 
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S

San

New member
VIP
Hi, Can you confirm do we need to enable pre market

 
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BenTen

BenTen

Administrative
Staff
VIP
@San That's entirely up to you. Backtest to see which mode works best for you.

 
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S

San

New member
VIP
Ben, I have tested... but one think i could not understood. Please clarify based on your experience....

Why I see the ema cross over shows different when market open first 30mts ( either pre or after market) , How we come to conclusion.

 
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