EMA Wave / CCI / MACD Hist combined indicator
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Old 03-10-2007, 06:27 AM
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Join Date: Oct 2006
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jluyt is on a distinguished road
Default EMA Wave / CCI / MACD Hist combined indicator

Hi all,

I need help to put together the following indicator. If any of you can help me, I will greatly appreciate it. I want it as simple as possable. idealy green/red horisontal bar, indicating the GOOD trend. We do not trade in no-trend.


Indicate LONG when:
- close >MA(34) [high]
- close of previous bar also >MA(34) [high]
- cci >0
- MACD Histogram >0 for at least 2 bars

++ Close the LONG when CCI crosses over the ZeroLine into CCI<0

Indicate SHORT when:
- close <MA(34) [low]
- close of previous bar also <MA(34) [low]
- cci <0
- MACD Histogram <0 for at least 2 bars

++ Close the SHORT when CCI crosses back over the ZeroLine into posative teretory.


All your help will be greatly appreciated.
Justin
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