Description
Draws vertical long/short lines to indicate a bullish/bearish EMA cross. Draws cross line upon a cross being successfully completed.
Can be used for entry/exit signaling and/or trend interpretation. Also useful for detection of a change in a trend.
Variable fast-slow EMA parameter values, can be adjusted to suit different markets in different timeframes and trading strategy needs.
Example parameter settings that perform very well are:
- Fast EMA: 8, Slow EMA: 21, market: XAUUSD, timeframe: 1 minute
- Fast EMA: 9, Slow EMA: 31, market: EURUSD, timeframe: 1 minute
Suitable for beginners and advanced traders.
Upcoming updates involve pop-up notifications on smartphone and smartwatch to get notified once relevant changes happen. Limits the necessity to stare at screen constantly.
