MT4 Signal Indicator PRIVATE WEALTH ARROW

Created on Saturday, May 27, 2023 2:39 PM
buy at the low or lower low, and sell at the high or higher high.
This indicator can be used as a signal provider for the Foxzard Trader Expert Advisor.
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Buy Conditions

Sell Conditions

Condition 1

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

points Up

Condition 2

Stochastic Main
%K:5 %D:3 Slowing:3 MA Method:Simple Price Field:Low/High

crosses
Moving Average 20 Simple Close
from bottom to top

Condition 3

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

points Down

Condition 4

Stochastic Main
%K:5 %D:3 Slowing:3 MA Method:Simple Price Field:Low/High

crosses
Moving Average 20 Simple 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.

Also you can use this indicator as a base to create your own. Click to create your own indicator from this one.