#3 The Best of EMA Crosses on S/R
Submitted by Edward Revy on June 5, 2008 - 07:03.
AUTHOR: Ayetemimowa James
STRATEGY: The Best of EMA Crosses on S/R
Time frames: 1hr and 15min
Indicators: 5ema(close-red), 6ema(Open-blue), 20ema(close green), Daily, weekly, monthly pivot,Fibonacci retracement Weekly and Daily support and resistants, Breakout-Eagle Indicator.
PAIRS: Anything traded online that respects technicals - Commodities, FOREX, INDEXES, SHARES ETC
SETUP:
I will be using EUR/USD June 3 as an example.
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Hi there, i use multiple chartservices because i use alarms.
I love to work with metatrader4, but i can't wright the code for alarms myself.
Is there someone who could do it for me. I would like to have an alarm on the cross of ema 3 and ema 13 colors doesn't matter.
Here it goes.
EMA Crossover Signal.mq4
Change EMA settings to the ones you need.
Regards,
Edward
good evening to you mr author!
my question is, how can i plot pivot on weekly time frame, should i open weekly time frame and use my pivot on the previous week dated May 30 or should i use week dated June 06 which is still keep on moving with the current price or i must open a daily chart and draw lines from 1st day to last day of the previous week?
one more question pls!
are the ema-crosses indicator alert and breakout-eagle indicator can only be found in meta trader4?
James, may I say y'a da best!! May Olorun bless u multiple times over!!!....Thanks for representing Naija!
I ran into your strategy while "googleling" for a nice trade strategy and got yurs. Tested it on my Demo accnt and it worked far too well and I can't wait to deploy it on my LIVE trade!
One love y'all!
Jahswill
is it a must i experience a break on S/R before i make a move or immediately i saw the ema cross signal alert?
Ayetemimowa i need more of your explanation. thank you.
Best Regards.
Tenwill
could you please tell what is the importance of the 20ema that is added in the strategy?
Tenwill
do i wait for the candle with the arrow to close?
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