I am looking for an indicator for the 45 Combo momentum system, or advice on how to modify an existing indi would be great too.
The method is described here http://www.forexfactory.com/showthread.php?t=522680.
The indi would act as follows,
1. 5 ema of hlc/3 shift 1, crosses 40 ema of close
2. Price moves away from cross@1 by greater than or equal to 10 pips
3. Price touches or crosses 40 ema of close
4. Indi alerts with sound, email, push and arrow below for bull cross @1, arrow above for bear cross @1
5. Only one alert, no further alert for 5 candles, this allows for price to move away from 40 ema and for the indi to alert again without 6 occurring.
6. Indi resets on each cross @1 and awaits for 1-5 to reoccur
thanks
pullup
The method is described here http://www.forexfactory.com/showthread.php?t=522680.
The indi would act as follows,
1. 5 ema of hlc/3 shift 1, crosses 40 ema of close
2. Price moves away from cross@1 by greater than or equal to 10 pips
3. Price touches or crosses 40 ema of close
4. Indi alerts with sound, email, push and arrow below for bull cross @1, arrow above for bear cross @1
5. Only one alert, no further alert for 5 candles, this allows for price to move away from 40 ema and for the indi to alert again without 6 occurring.
6. Indi resets on each cross @1 and awaits for 1-5 to reoccur
thanks
pullup