Nice one
This is one of the most useful EA's posted so far.
Thanks
the MACD (5/13/5) gives off buy and sell signals. the MACD is the one improved upon by Aspray with a signal line and a Histogram. when the MACD line crosses over the signal line to the upside, the histogram moves above the zero line that gives us a buy signal, and if the MACD line crosses over the signal line to the downside, the Histogram moves below the zero line which fires off the sell signal.
the buy/sell signals should appear underneath the candles as an arrow for a buy and on top of the candles as a sell. each appearance must be accompanied by a sound and email alerts
for buy signals, the long term moving average should be flat or going up and the short term moving average should have been up already. in this situation, the buy/sell arrows should be in line with the moving averages---only buy arrows should appear no matter how many are there. each time a buy is triggered on the MACD, a buy arrow should appear with an alert, but all sell arrows should be muted until the moving averages turn for a sell.
for sell signals, the long term moving average should be flat or going down and the short term moving average should have been down already. in this situation, the buy/sell arrows should be in line with the moving averages---only sell arrows should appear no matter how many are there. each time a sell is triggered on the MACD, a sell arrow should appear with an alert, but all buy arrows should be muted until the moving averages turn for a buy.
Two is a coincidence; three is a pattern!
