Hi, I have been fan of this site since I began trading, I now have developed an strategy, ready to forward test after lot of backrest, but I want someone to help me with a script for MT4, or maybe a guide, tutorial about how to do it, cause I couldn't find how to do it, it's a complex one, I want this because it's for 5m timeframe, and I don't want to be front of my desk all day, I want to get an anticipated signal, get to my charts, read what it's happening, and wait to trigger my trade or not, as I said, semi automated trading, for better time management, it goes like this:
IF
Has SIGNAL crossed MACD? Yes (upward cross, doesn't matter if it happens below or above 0 MACD line)
AND
Then is A EMA Value >B EMA value>C EMA Value > D EMA Value (just greater not equal cause that means crosses between EMAs) ? Yes (Uptrend filter)
THEN send an alert sound and message POTENTIAL BUY, get to the charts
OR
Has MACD crossed SIGNAL? Yes (downward cross, as I said it doesn't matter if it happens below or above 0 MACD line)
AND
D DEMAValue>C EMA Value > B EMA Value > A EMA Value? Yes (downtrend filter)
Then send an alert sound and message
POTENTIAL SELL, Get to the charts
Maybe a graphic symbol like a vertical line with "POTENTIAL SELL/BUY" or a box, just in the bar close of the MACD and SIGNAL cross has happened
Thank you, that would be very helpful
IF
Has SIGNAL crossed MACD? Yes (upward cross, doesn't matter if it happens below or above 0 MACD line)
AND
Then is A EMA Value >B EMA value>C EMA Value > D EMA Value (just greater not equal cause that means crosses between EMAs) ? Yes (Uptrend filter)
THEN send an alert sound and message POTENTIAL BUY, get to the charts
OR
Has MACD crossed SIGNAL? Yes (downward cross, as I said it doesn't matter if it happens below or above 0 MACD line)
AND
D DEMAValue>C EMA Value > B EMA Value > A EMA Value? Yes (downtrend filter)
Then send an alert sound and message
POTENTIAL SELL, Get to the charts
Maybe a graphic symbol like a vertical line with "POTENTIAL SELL/BUY" or a box, just in the bar close of the MACD and SIGNAL cross has happened
Thank you, that would be very helpful
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