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traderlady
Posted : Tuesday, December 11, 2018 1:59:30 PM
Registered User
Joined: 10/7/2004
Posts: 1,178

Hi Bruce, Today I've like three new custom indicators:

 

First, when Ema200 is within a small (flexible) percent of Ema100.

Next, when Ema100 is within a small (flexible) percent of Ema50.

Finally, if Ema200 is within a small (flexible) percent of Ema50.

 

Again, thanks so much for all your help, past and present!

Traderlady

 

 

 

 

Bruce_L
Posted : Tuesday, December 11, 2018 2:14:05 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

You could create three Custom PCF % True Indicators for this. The following formulas all check for 1%, but you can change the 1 in the formula to adjust the percentage and are in the same order as your requests.

100 * ABS(XAVGC200 / XAVGC100 - 1) <= 1

100 * ABS(XAVGC100 / XAVGC50 - 1) <= 1

100 * ABS(XAVGC200 / XAVGC50 - 1) <= 1

Note that you could plot the actual percentages using the Price Percent Oscillator (PPO) indicator.



-Bruce
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