Crossing moving avereges

• 09/11/2023 at 7:39 AM #220674
  Bryggare

  Hi! I wonder if you could help me with the code for en indicator.

  I would like an indicator that meets the following conditions

  1 .  An 8 day exponential moving average crossing a 30 day exponential moving average

  2. The condition in point one shall be compared with the same condition last time it happened back in time.

  If you compare the current crossing of the average, with the crossing of  the average the time before,  then the current close on price must be at least 0.5% higher.

  If so, the indicator should show a 1, otherwise a 0

  Would be thankful for help

   

   

   

   

  

  Bryggare

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  09/11/2023 at 8:03 AM #220675
  JC_Bywan

  Hi,

  ema8=ExponentialAverage[8](close) ema30=ExponentialAverage[30](close) signal=0 if ema8 crosses over ema30 then prevcross=latestcross latestcross=close signal= latestcross/prevcross>=1.005 endif return signal

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  ema8=ExponentialAverage[8](close) ema30=ExponentialAverage[30](close) signal=0 if ema8 crosses over ema30 then prevcross=latestcross latestcross=close signal= latestcross/prevcross>=1.005 endif   return signal

   

   

  

  JC_Bywan

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  09/11/2023 at 9:39 AM #220681
  Bryggare

  Woow, that was fast done. It seems to work perfect. thank you very much for the help.

  

  Bryggare

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