EMA5 – TMA8 trading signals

EMA5 – TMA8 trading signals

Hi all,

Here is a simple code asked by one of my website user.

We have a BUY signal (green) if :

  • the exponential average 5 (close) > the triangular average 8 (close)
  • close > triangular average 8 but close of the previous candle < triangular average 8

Of course, we have a SELL signal (red) for the inverted conditions.

Don’t forget to set “achat” and “vente” to Histogram, and to set the colors.

I also added a blue line with value “0”.

The EMA5 is in red, the TMA8 is in blue.

Share this

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

New! PRC is also now on YouTube, subscribe to our channel for exclusive content and tutorials

  1. gianlox • 08/23/2016 #

    I added a simple momentum indicator (MACD). I think much better results:
    achat = 0vente = 0MACD12M = MACDline[12,26,9](close)MACD12S = ExponentialAverage[9](MACD12M)
    // INDICATEURSEMA5 = ExponentialAverage[5](close)TMA8 = TriangularAverage[8](close)
    // ACHATca1 = close[1] < TMA8 and close > TMA8ca2 = EMA5 > TMA8
    IF ca1 and ca2 AND MACD12M>MACD12S AND MACD12M[1]>MACD12S[1] THENachat = 1ENDIF
    // VENTEcv1 = close[1] > TMA8 and close < TMA8cv2 = EMA5 < TMA8
    IF cv1 and cv2 AND MACD12M<MACD12S AND MACD12M[1]<MACD12S[1] THENvente = -1ENDIF
    return achat as “ACHAT”, vente as “VENTE”
    happy New Year !!!

  2. gianlox • 08/23/2016 #

    achat = 0
    vente = 0
    MACD12M = MACDline[12,26,9](close)
    MACD12S = ExponentialAverage[9](MACD12M)

    EMA5 = ExponentialAverage[5](close)
    TMA8 = TriangularAverage[8](close)

    // ACHAT
    ca1 = close[1] < TMA8 and close > TMA8
    ca2 = EMA5 > TMA8
    ca3 = MACD12M>MACD12S AND MACD12M[1]>MACD12S[1]

    IF ca1 and ca2 AND ca3 THEN
    achat = 1

    // VENTE
    cv1 = close[1] > TMA8 and close < TMA8
    cv2 = EMA5 < TMA8
    cv3 = MACD12M<MACD12S AND MACD12M[1]<MACD12S[1]
    IF cv1 and cv2 AND cv3 THEN
    vente = -1

    return achat as \"ACHAT\", vente as \"VENTE\"


Register or


avatar avatar avatar avatar avatar avatar avatar
Related users ' posts
Jan Just run the code for this pair, make sure you have the right spread filled. What you could...
oxy75 Hello. I understood that we were waiting to choose two values ​​between 0 and 69 for the two...
Roi Aglipa Hi, Any way to project those 2 chosen averages (see below) on the chart? "Once MAType = w...
swedshare You got some potential here. A couple of things I think about: 1, The opening hours in this...
phoentzs Ich habe hier mit Spread 2 gerechnet, also etwa dem Mittelwert zwischen Tag und Nacht. Das G...
phoentzs Hab festgestellt, das US500 fast noch besser funktioniert als der Dax. Was aber auch daran l...
Crystal Babe Hi John, this strategy is Great for DJI -justneededa bitof tweaking for the 1 hr chart. Tha...
sfl Hi, What is the meaning of the time filer ? Why 9:00 13:00 and 17:00 ?
JohnScher The 4H candles begin at 09.00 13.00 17.00
Alps007 Hi Nicolas. Happy New Year. Can you please program me several MACD divergence screeners ...
Arlei Zanin Hello Nicolas, would it be possible to convert the Cloud to Pascal language? Thank you.
ashee i want it in MT4
Vonasi Sure that is possible. I will code it and make a post in the English ProBuilder forum and pu...
Vonasi Vama v2 with Hull moving average included can be found here: https://www.prorealcode.com/top...
JMat45 Thank you, Vonasi.
9 months ago
manchokcity can we have it in mql4 platform? or how or which platform do we use it?
camporan I don't use MetaTrader so I won't be able to do the translation myself. Sorry!
Alexander9 This can for amibroker ? . Thanks
ALZ Hello, currently, I don't have the same result as above and don't no if it works good in...
JJ Tec Hola. Me gustarĂ­a contactar contigo para ver la estrategia..
nilsla1981 Has someone already tested in real ?
Alberto Aguilera Hi! Thanks for your strategy Anyone can check it with 200 bars?
Jan Wind Good evening Roberto, I do not understand Italian, so I could not read the background. ...
robertogozzi Results, while matching when it's SMA compared to TRSMA, are different in the case of WMA an...
funkystuff Salut Balmora, Ton indicateur est plutôt intéressant :) Penses-tu qu'il soit possible de l'...
Tony87 can we have a update on this one please?
Nicolas Discussions with many other versions and improvements can be found here: https://www.proreal...
darbes Hi How does it go on live ? JC
Stenozar Thanks Leo!
Madrosat Hi Leo something is missing in the strategy above because it does not work at all as it is
Leo I don't know, I just copy paste the strategy. The optimisation of the values I wrote them in...
capgros Bonjour @Nicolas, Thanks a lot for this tool, it is very useful for me. I would like to s...
Hans63 Would you add the possibility to color also the Heikin Ashi and bar chart?
Nicolas That's possible, please open a new topic in the indicator forum explaining what you need exa...
Nicolas Alpha transparency from 0 to 255.
ehtsham Hi, Sir can you tell me how to put this code in indicator plz
Jan Wind Ehtsham, all you need to do is change the code in line 18 and line 20 (see the code above...
ottimo Thank you Nicolas, great indicator, N. 1
tikigai Merci Nicolas! First Happy new Year 2020. Very good indicator BUT (yes the french "oui, m...
Nicolas Whats prorealtime version? Did you try in version prior to v11? indicator's call and loop ca...
Nicolas Yes, that's how it goes when using loops..
JosephFelix Hi, Could I please have help with adding these indicators 'on price'? Every indicator that I...
Nicolas Just add it on price by clicking the wrench on the left upper side of the price chart.
Tradingrob Hi Nicolas, when i upload this indicator in my list and use it as indicator. I get a totally...
Nicolas Apply it on the price chart. The indicator plot just one single line. There are two in the...
jamesoc Hi Nicolas, do you happen to know if there is an indicator that can be applied to charts, to...