I'm looking for help coding an indicator based on an intraday trading strategy I've been using.
- Basically I use (3) Time frames; 1 min, 3 min and 5 min.
- I use EMA's (3, 8 and 20), price action and Momentum on each time frame to time my entries.
- (Photo attached) I wait for the 3 and 8 EMA to cross, this is "get ready" the I wait for Price to breach and close below the 20 EMA on each time frame to enter and I look for confirmation of momentum in that same direction (on each time frame) to enter. When the 3 and 8 EMA's cross the 20 EMA it further confirms direction.