the alert should be produced by a cross of EMA 4 and EMA 8
this criterias must be met at the bar with the alert or one after
Rainbow must agree and head north.
Laguerre line must cross the 0.15 from below and head up
When you get the signal MACD must be above 0
Rainbow must agree and head south.
Laguerre line must cross the 0.75 from above and head down
When you get the signal MACD must be below 0
not sure what 'rainbow must agree' means but I suspect it's beyond my programming skill.
since your alert is the result of multiple signals I don't know how to combine them either.
What I come up with is just some visual clues, color background when macd cross zero, triangles on MACD to indicate when MA(4) crosses MA(8), and color when Laguerre cross above/below.
The following 2 users say Thank You to cory for this post:
Thanks astra+cory !
what about starting through with examples + pictures of trades from this system here ?
i am interested in learning+exploring some trade-styles in currencies!
dont like to read that whole forex-post - like to have it here
Maybe we should start a new thread in Traders Hideout with this.
it is simple to look what cyrox use ... you can take any osc. and some other trend followers and make bar anstead of line and put this on panel 2 and 3. what cyrox knows is the marketing. for example you find 100 persons how pay 1000 $ for simple indicators and webinars the pay 300 $ (how you learn about price action blabla but you can buy a book for 30 $) so you can make 1300 on one person x 100 = 130 000 $ gain and you do not must scalping by yourself ...
i say never copy a trading system, build by yourself and you will win. learn about money mangement and study also the market you will enter ...