irfantastic000
New member
Is this indicator even possible with TOS?
Following conditions:
-Chart : 5 minutes
-EMA : 9
-WMA : 30
-The trend should be bullish when the 9 EMA is above the 30 WMA
-The gap should be bigger between 9 EMA and 30 WMA
-The angle should be steeper
Once the above condition is met then either of the 2 conditions should be met.
1. The first candle bar that closes below the 9-EMA and remains above the 30-WMA
2. The entire candle bar to be encompassed between the 9-EMA and 30-WMA.
Example :
Following conditions:
-Chart : 5 minutes
-EMA : 9
-WMA : 30
-The trend should be bullish when the 9 EMA is above the 30 WMA
-The gap should be bigger between 9 EMA and 30 WMA
-The angle should be steeper
Once the above condition is met then either of the 2 conditions should be met.
1. The first candle bar that closes below the 9-EMA and remains above the 30-WMA
2. The entire candle bar to be encompassed between the 9-EMA and 30-WMA.
Example :