21 day EMA break indicator

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

  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.

  21 day EMA break on close then low of day broken

  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)

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  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)

   

  

  Alfy

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  06/28/2021 at 8:12 AM #172609
  robertogozzi

  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)

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  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)

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  Alfy

  

  robertogozzi

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  06/28/2021 at 8:17 AM #172611
  robertogozzi

  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)

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  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)

  

  robertogozzi

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  06/28/2021 at 8:22 AM #172617
  Alfy

  Wonderful, thanks so much

  

  Alfy

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