MT4 Signal Indicator EXIT

Created on Monday, January 11, 2021 8:12 PM
SIGNALS FOR POSSIBLE EXIT AREA AFTER A TREND
This indicator can be used as a signal provider for the Foxzard Trader Expert Advisor.
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Buy Conditions

Sell Conditions

8 BELOW 21

Moving Average 8 Exponential Close
is below
Moving Average 21 Exponential Close

21 BELOW 50

Moving Average 21 Exponential Close
is below
Moving Average 50 Exponential Close

MACD ABOVE SIGNAL

MACD Main
Fast EMA period:12 Slow EMA period:26 Signal period:9 Applied to:Close
is above
MACD Signal
Fast EMA period:12 Slow EMA period:26 Signal period:9 Applied to:Close

PRICE CROSS ABOVE 13

Price (Bid)
crosses
Moving Average 13 Exponential Close
from bottom to top

8 ABOVE 21

Moving Average 8 Exponential Close
is above
Moving Average 21 Exponential Close

21 ABOVE 50

Moving Average 21 Exponential Close
is above
Moving Average 50 Exponential Close

MACD BELOW SIGNAL

MACD Main
Fast EMA period:12 Slow EMA period:26 Signal period:9 Applied to:Close
is below
MACD Signal
Fast EMA period:12 Slow EMA period:26 Signal period:9 Applied to:Close

PRICE CROSS BELOW 13

Price (Bid)
crosses
Moving Average 13 Exponential Close
from top to bottom

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To use this custom indicator on Metatrader 4 platform you need:

  1. Download the MT4 version of this indicator and copy it into your metatrader experts/indicators folder.
  2. Restart your Metatrader 4 terminal.
  3. Indicator will appear under Custom Indicators section. Attach the indicator on the chart.

To use this signal pine script on TradingView platform you need:

  1. Download the pinescript version of this signal.
  2. Open the downloaded text file and copy contents into the tradingview script editor.
  3. Click the "Add to Chart" button.

Use it at your own risk!

This indicator was created by one of our visitors. You can create your own indicator like this one using your rules and logic.

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