Simple Market hours EMA Arrow and Text Indicator

• 07/01/2020 at 3:42 PM #137382
  Albert Kader

  This is my first attempt at creating a signal indicator using two Exponential Moving Averages and only during specified hours.

  The example given is with values for the DAX. You should adapt it to ever instrument and timeframe you use it with.

  

  Albert Kader

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  07/01/2020 at 4:09 PM #137963
  robertogozzi

  The code is missing.

   

  

  robertogozzi

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  07/02/2020 at 10:51 AM #138071
  Albert Kader

  2 EMA Indicator

  EMAShort = ExponentialAverage[n](close) EMALong = ExponentialAverage[m](close) BuyCondition = (EMAShort CROSSES OVER EMALong) SellCondition = (EMAShort CROSSES UNDER EMALong) IF (TIME > 133000 AND TIME < 233000) OR Volume > 1000 then IF BuyCondition THEN DRAWTEXT( "▲", barindex, lowest[1](low), Dialog, bold, 20) COLOURED (0, 0, 255, 255) DRAWTEXT( "▲", barindex, lowest[1](low) - 10, Dialog, bold, 20) COLOURED (0, 0, 255, 150) DRAWTEXT( "B", barindex, low - range, Dialog, bold, 15) COLOURED (0, 0, 255, 255) ENDIF IF SellCondition THEN DRAWTEXT( "▼", barindex, highest[1](high) + 30, Dialog, bold, 20) COLOURED (255, 0, 0, 150) DRAWTEXT( "▼", barindex, highest[1](high) + 20, Dialog, bold, 20) COLOURED (255, 0, 0, 255) DRAWTEXT("S", barindex, highest[10](high) + range, Dialog, bold, 15) COLOURED (255, 0, 0, 255) ENDIF RETURN EMAShort COLOURED (0, 0, 255,150) AS "EMA Short", EMALong COLOURED (255, 0, 0, 150) AS "EMA Long"

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  EMAShort =  ExponentialAverage[n](close) EMALong = ExponentialAverage[m](close)   BuyCondition = (EMAShort CROSSES OVER EMALong) SellCondition = (EMAShort CROSSES UNDER EMALong)   IF (TIME > 133000  AND TIME < 233000) OR Volume > 1000 then   IF  BuyCondition THEN DRAWTEXT( "▲", barindex, lowest[1](low), Dialog, bold, 20) COLOURED (0, 0, 255, 255) DRAWTEXT( "▲", barindex, lowest[1](low) - 10, Dialog, bold, 20) COLOURED (0, 0, 255, 150) DRAWTEXT( "B", barindex, low - range, Dialog, bold, 15) COLOURED (0, 0, 255, 255) ENDIF   IF SellCondition THEN DRAWTEXT( "▼", barindex, highest[1](high) + 30, Dialog, bold, 20) COLOURED (255, 0, 0, 150) DRAWTEXT( "▼", barindex, highest[1](high) + 20, Dialog, bold, 20) COLOURED (255, 0, 0, 255) DRAWTEXT("S", barindex, highest[10](high) + range, Dialog, bold, 15) COLOURED (255, 0, 0, 255)   ENDIF   RETURN EMAShort COLOURED (0, 0, 255,150) AS "EMA Short", EMALong COLOURED (255, 0, 0, 150) AS "EMA Long"

   

  2 users thanked author for this post.

  Razz, robertogozzi

  

  Albert Kader

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  07/02/2020 at 11:11 AM #138075
  robertogozzi

  ENDIF is missing at line 21.

  What’s the value for n and m?

   

   

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  Albert Kader

  

  robertogozzi

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  07/02/2020 at 5:10 PM #138128
  Albert Kader

  4h DAX EMA

  EMAShort = ExponentialAverage[2](close) EMALong = ExponentialAverage[9](close) BuyCondition = (EMAShort CROSSES OVER EMALong) SellCondition = (EMAShort CROSSES UNDER EMALong) IF (TIME > 133000 AND TIME < 233000) OR Volume > 1000 then IF BuyCondition THEN DRAWTEXT( "▲", barindex, lowest[1](low), Dialog, bold, 20) COLOURED (0, 0, 255, 255) DRAWTEXT( "▲", barindex, lowest[1](low) - 10, Dialog, bold, 20) COLOURED (0, 0, 255, 150) DRAWTEXT( "B", barindex, low - range, Dialog, bold, 15) COLOURED (0, 0, 255, 255) ENDIF IF SellCondition THEN DRAWTEXT( "▼", barindex, highest[1](high) + 30, Dialog, bold, 20) COLOURED (255, 0, 0, 150) DRAWTEXT( "▼", barindex, highest[1](high) + 20, Dialog, bold, 20) COLOURED (255, 0, 0, 255) DRAWTEXT("S", barindex, highest[10](high) + range, Dialog, bold, 15) COLOURED (255, 0, 0, 255) ENDIF ENDIF RETURN EMAShort COLOURED (0, 0, 255,150) AS "EMA Short", EMALong COLOURED (255, 0, 0, 150) AS "EMA Long"

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  EMAShort =  ExponentialAverage[2](close) EMALong = ExponentialAverage[9](close)   BuyCondition = (EMAShort CROSSES OVER EMALong) SellCondition = (EMAShort CROSSES UNDER EMALong)   IF (TIME > 133000  AND TIME < 233000) OR Volume > 1000 then   IF  BuyCondition THEN   DRAWTEXT( "▲", barindex, lowest[1](low), Dialog, bold, 20) COLOURED (0, 0, 255, 255)   DRAWTEXT( "▲", barindex, lowest[1](low) - 10, Dialog, bold, 20) COLOURED (0, 0, 255, 150)   DRAWTEXT( "B", barindex, low - range, Dialog, bold, 15) COLOURED (0, 0, 255, 255) ENDIF   IF SellCondition THEN   DRAWTEXT( "▼", barindex, highest[1](high) + 30, Dialog, bold, 20) COLOURED (255, 0, 0, 150)   DRAWTEXT( "▼", barindex, highest[1](high) + 20, Dialog, bold, 20) COLOURED (255, 0, 0, 255)   DRAWTEXT("S", barindex, highest[10](high) + range, Dialog, bold, 15) COLOURED (255, 0, 0, 255) ENDIF ENDIF   RETURN EMAShort COLOURED (0, 0, 255,150) AS "EMA Short", EMALong COLOURED (255, 0, 0, 150) AS "EMA Long"

   

  

  Albert Kader

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