hello everybody, I am looking for someone who could code an alert based on exact time-positioned crosses of MAs and simultaneous laguerre cross of levels.
The whole idea originates from the 5minute trend follower system and is basically using the rules from that and adding something small to it.
so here are the rules for long :
1) once EMA 4 and EMA 8 cross up on a candle close, lets call that a Signal candle
the new candle after Signal candle could be called potential entry candle
now check if
2) EMA 5 and 35 are crossed up on Signal candle AND the open of potential entry candle
AND
3) EMA 5 and 15 are crossed up on Signal candle and the open of the potential entry candle
AND
4) Laguerre RSI has crossed 0,15 level around the signal candle - that means it was under 0,15 on the candle before the Signal candle and it is above 0,15 at the open of the potential entry candle.
for short its the opposite for MAs and Laguerre needs to go down through 0,75 level ..
Laguerre is set to 0,6
If all these conditions are met, the potential entry candle becomes a true entry candle and we enter provided it is in the direction of trend.
Im not sure if this is possible .. to base signals on values derived from live candle open...
also the possibility of altering points 2) and3 would be good.. to be able to decide if we want to see ctrosses on both signal and entry candles or only on one of them..
One last thing.. It should draw some arrow up or down or whatever to the chart and also vertical lines on the bar before the signal candle and on the entry candle so the signal candle sits in between.
I hope somebody will find this interesting and will try to do it.
The whole idea originates from the 5minute trend follower system and is basically using the rules from that and adding something small to it.
so here are the rules for long :
1) once EMA 4 and EMA 8 cross up on a candle close, lets call that a Signal candle
the new candle after Signal candle could be called potential entry candle
now check if
2) EMA 5 and 35 are crossed up on Signal candle AND the open of potential entry candle
AND
3) EMA 5 and 15 are crossed up on Signal candle and the open of the potential entry candle
AND
4) Laguerre RSI has crossed 0,15 level around the signal candle - that means it was under 0,15 on the candle before the Signal candle and it is above 0,15 at the open of the potential entry candle.
for short its the opposite for MAs and Laguerre needs to go down through 0,75 level ..
Laguerre is set to 0,6
If all these conditions are met, the potential entry candle becomes a true entry candle and we enter provided it is in the direction of trend.
Im not sure if this is possible .. to base signals on values derived from live candle open...
also the possibility of altering points 2) and3 would be good.. to be able to decide if we want to see ctrosses on both signal and entry candles or only on one of them..
One last thing.. It should draw some arrow up or down or whatever to the chart and also vertical lines on the bar before the signal candle and on the entry candle so the signal candle sits in between.
I hope somebody will find this interesting and will try to do it.