21 day EMA break indicator

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06/28/2021 at 7:53 AM #172607 quote
Alfy
Participant

Average
Good morning guys, im trying to create an indicator which shows when the low of the day on which the close was below the 21 day exponential moving average is broken. Ive created the code for when the low is broken on the day after the close under the moving average but was hoping someone could help me with the code for when for example the low of that day is not broken for a few days or so. Any help is much appreciated.
```
a=exponentialaverage [21]
if close [1] crosses under a and low<LOW[1] THEN
b=1
else
b=0
endif
return B coloured (255,0,0)
```
06/28/2021 at 8:12 AM #172609 quote
robertogozzi
Moderator

Master
Try this:
```
a=exponentialaverage[21]
if close[1] crosses under a1[1] and low<LOW[1] THEN
   b=1
else
   b=0
endif
return B coloured(255,0,0)
```
Alfy thanked this post
06/28/2021 at 8:17 AM #172611 quote
robertogozzi
Moderator

Master
That was for a break just after the crossover.
This is for a break no matter when after the crossover (an opposite crossover cancels prior signal):
```
ONCE a = 0
IF a = 0 THEN
   a = close CROSSES UNDER exponentialaverage[21]
   c = low
ENDIF
IF close CROSSES OVER exponentialaverage[21] THEN
   a = 0
   c = 0
ENDIF
b = 0
if a and low < c THEN
   b=1
endif
return B coloured(255,0,0)
```
06/28/2021 at 8:22 AM #172617 quote

Alfy
Participant

Average

Wonderful, thanks so much
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21 day EMA break indicator

ProBuilder: Indicators & Custom Tools

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Author

Alfy @alfy Participant

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This topic contains 3 replies,
has 2 voices, and was last updated by Alfy
4 years, 7 months ago.

Topic Details

Forum:	ProBuilder: Indicators & Custom Tools
Language:	English
Started:	06/28/2021
Status:	Active
Attachments:	No files

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