I think I might have figgured out a system (Trend following) that works.
It involves the 16 EMA and the 55 EMA.
What I need, if someone would, please.
Indicator needed:
A moving average line of 16 EMA (Which is no problem).
I need two other moving averages (one above and one below the 16 EMA)
that show the 16 EMA plus (above) and minus(below) of the average true range of the last three days.
In other words, the first line would be the 16EMA + ATR(3),
The second line would be the 16 EMA,
and the third line would be the 16 EMA - ATR(3).
If someone would be kind enough to program this in Metatrader, I can post some charts of what I am doing, hopefully to help us all. I am doing this manually now with no indicators and it is a pain.
Thanks again,
Randy
It involves the 16 EMA and the 55 EMA.
What I need, if someone would, please.
Indicator needed:
A moving average line of 16 EMA (Which is no problem).
I need two other moving averages (one above and one below the 16 EMA)
that show the 16 EMA plus (above) and minus(below) of the average true range of the last three days.
In other words, the first line would be the 16EMA + ATR(3),
The second line would be the 16 EMA,
and the third line would be the 16 EMA - ATR(3).
If someone would be kind enough to program this in Metatrader, I can post some charts of what I am doing, hopefully to help us all. I am doing this manually now with no indicators and it is a pain.
Thanks again,
Randy