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I am trying to write a indicator formula similiar to the "Sun and
Cloud" formula appearance in the AFL formulas area with the following
characteristics and am stuck, any ideas ???
1 - If the 20 day (or week) MA breaks above the 35 day (or week) MA
AND the price is above the 50 MA = yellow fill-in (like on sun and
cloud indicator) or yellow up arrow to be generated.
2 - If the 20 day (or week) EMA breaks above the 50 day (or week) EMA
= green fill-in (like sun and cloud indicator) or green up arrow AND
the price is above the 50 day (or week) EMA. (this is a confirmed
buy signal)
3 - If the 20 day (or week) EMA breaks BELOW the 35 day (or week) EMA
and the price is below the 50 MA = yellow fill-in or yellow down
arrow.
4 - If the 20 day (or week) EMA breaks below the 50 day (or week) EMA
and price is below the 50 MA = red fill-in or red down arrow.
(confirmed sell signal)
Any help would be much appreciated !!
cheers -jmb
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