Haven't seen anyone mention this yet but Daily bearish regular div ran into bullish continuation div at the start of today. MA not made HH yet. 
Trading the Cable swings via averages
I see a bounce on the 1 hour EMA, that would have been a nice ZOO point. I see on the 5 minute neither side is able to find support and hold onto it so no trend. On the 1 hour just looks like a holding pattern to keep the EMA moving south. On the daily the EMA is still being contested. I would say overall we may be better off waiting for the NFP
- #2,330
- Mar 8, 2019 4:09am Mar 8, 2019 4:09am
Here is a solution for the Humps MA indicator.
I asked my coder to change the code so we have the horizontal line split into two phases. The first phase is until price cuts the line. The second phase is when the EMA cuts the line.
To put that in just one indicator was more work than my coder wanted to spend on it. But there is a workaround.
If we put two instances of the indicator on the chart with different settings, then both lines are plotted on top of each other. That means the first phase should be a solid line and the second phase can be dashed or dotted.
That looks like this:
Here are the two indicators with clear names. Just put them both on the chart and they will do the job conform the picture above here.
In case you are fine with just the horizontal line drawn until the EMA crosses the line, then only use the 'MA breaks Line' version.
I have an additional request asked to my friend. I would like to have the horizontal line drawn exactly on the top/bottom of the EMA swing. If he fixes that, I'll upload the modified indi's later on.
I asked my coder to change the code so we have the horizontal line split into two phases. The first phase is until price cuts the line. The second phase is when the EMA cuts the line.
To put that in just one indicator was more work than my coder wanted to spend on it. But there is a workaround.
If we put two instances of the indicator on the chart with different settings, then both lines are plotted on top of each other. That means the first phase should be a solid line and the second phase can be dashed or dotted.
That looks like this:
Here are the two indicators with clear names. Just put them both on the chart and they will do the job conform the picture above here.
In case you are fine with just the horizontal line drawn until the EMA crosses the line, then only use the 'MA breaks Line' version.
I have an additional request asked to my friend. I would like to have the horizontal line drawn exactly on the top/bottom of the EMA swing. If he fixes that, I'll upload the modified indi's later on.
Trading S/R with PA only. No indicators anymore!
