OPEN-SOURCE SCRIPT
3 MAcross_alert
Use on the 6 HR chart for better results
Basically the following rules follow:
Long when
4 and 9 EMA cross up over the 18 EMA
Exit when 4 day crosses down over the 9 day EMA
Short when 4 and 9 cross down over the 18
Exit when 4 crosses up back across 9
New Entry signal when both the 4 and 9 are on the same side of the 18
Basically the following rules follow:
Long when
4 and 9 EMA cross up over the 18 EMA
Exit when 4 day crosses down over the 9 day EMA
Short when 4 and 9 cross down over the 18
Exit when 4 crosses up back across 9
New Entry signal when both the 4 and 9 are on the same side of the 18
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