hi , Friends i wanna be someone who wants to help everyone updated my script he published some time ago. What happened?
* intersection Short and long days * Short and Long Days Choosing a Opportunities * Source Opportunities * Buy-Sell Alarm
Release Notes
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Dear friends,
In this update. The line of the short average no longer appears. Because the user was confused. But as before. Short and long day averages can be entered.
Mean intersections are actually very important.
- It's great to know the average price of money or securities at different dates. for example: 21- average, 34 average, 50 average ect.(100,200 ...)
What if these averages intersect?
What is the intersection of the 1-day average (start) and the 21-day average?
- Move Up ; If the 1-day average cuts the 21-day average upwards. So there is an upward movement. - Move down ; if a daily average cuts down the 21-day average. So it could be a downward descent.
Don't let UP and DOWN mislead you
This is just a warning - something like an alarm - I could have put another warning sign there. No indicator works 100% correctly. Different factors may intervene. Therefore, you should use at least 2 indicators.
Super Indicator! Am I correct in seeing that it only uses SMA status? Signaling through messages would be a marvelous add-on...
Good luck with the further development.
Lemnos
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yeah.. im working .. for development ... but now risk minimize
Ravenswo
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Yep .... should be a good thing ... to work on the functional working first! You can probably find pieces lots of pieces of code to organise that?! Already looked into which direction you want to go?
Lemnos
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i notice , Canal top or bottom or base sell and buy signal strong .... im working for develop and publish.. soon
Lemnos
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and .. change . SMA long or Short days .. compare now try indikatör 1 short days and 21 longs days.... example 1and 50days compare
ChartArt
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For those who don't code at all. Here is what his good script does with the default settings:
It checks if there is a cross between the price and a 21 period simple moving average (P.S. the other SMA with period 1 is the price itself).
The 60 min / hourly time-frame is the best case for the default period 21 of his script, because it is close to (but faster than) the 24 hour lookback period, which would be the daily Forex close.
Lemnos
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yeah .. good determine .. but .. other charts ( 30 min , 4 hours .. vs) change 21 SMA .. example long term 50MA -100MA determine test .. ( 1 Day Chart Try 1 short day- 2 or 3 long days)
ChartArt
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Your idea with SMA 21 is good on the 1 hour chart. In fact I have just created a new system in the last six hours using the SMA 21 cross as main trend rule. Here is a 1 hour chart: