two sequential bars breaching MA

[thedjm]

Buy Sell signals.

Wondering how easy it is to plot arrows on two sequential same color bars breaching the 9EMA on close.

So two green candle closes above 9EMA == buy
and two red candle closes below 9EMA, sell.

 

[mashume]

been a while since I coded up anything, so this may or may not work...

declare upper;

plot ema9 = expAverage(close, 9);
plot buy = if close > ema9 and close[1] > ema9[1] and close[2] < ema9[2] and open < close and open[1] < close[1] then low else double.nan;

plot sell = if close < ema9 and close[1] < ema9[1] and close[2] > ema9[2] and open > close and open[1] > close[1] then high else double.nan;

ema9.setDefaultColor(color.blue);
buy.setpaintingStrategy(paintingStrategy.ARROW_UP);
buy.setDefaultColor(color.green);
sell.setPaintingStrategy(paintingStrategy.ARROW_DOWN);
sell.setDefaultColor(color.red);

the idea is that we compare close to ema9 and then look one bar back to make sure it is also above ema9, but we check that two bars back it was below ema9.
Also checks to make sure the two bars breaking above are both green bars (close > open)
reverse for sell signals.

-mashume