Designed for crude oil price analysis. It includes the calculation of exponential moving averages (EMAs), highlights specific time intervals with background color changes for the 6:15 PM candle, and provides buy and sell signals based on various conditions.
# Drow horizontal line on 6:15pm 15min candle
# ema5 and ema10
#
Features:
Exponential Moving Averages (EMA5 and EMA10).
Background color change for the 6:15 PM candle.
Buy signal when the high of the 6:15 PM candle is broken.
Sell signal when the low of the 6:15 PM candle is broken.
Buy signal when the price crosses above EMA10.
Sell signal when the price crosses below EMA10.
Usage:
Buy when a green "Buy Signal" label appears or when the price crosses above EMA10.
Sell when a red "Sell Signal" label appears or when the price crosses below EMA10.
Note:
Please conduct thorough back testing before using this indicator in a live trading environment.
Consider implementing risk management strategies to protect your capital.
Disclaimer:
This indicator is provided for educational and informational purposes only. Trading involves risk, and past performance is not indicative of future results. Use at your own risk.
# Drow horizontal line on 6:15pm 15min candle
# ema5 and ema10
#
Features:
Exponential Moving Averages (EMA5 and EMA10).
Background color change for the 6:15 PM candle.
Buy signal when the high of the 6:15 PM candle is broken.
Sell signal when the low of the 6:15 PM candle is broken.
Buy signal when the price crosses above EMA10.
Sell signal when the price crosses below EMA10.
Usage:
Buy when a green "Buy Signal" label appears or when the price crosses above EMA10.
Sell when a red "Sell Signal" label appears or when the price crosses below EMA10.
Note:
Please conduct thorough back testing before using this indicator in a live trading environment.
Consider implementing risk management strategies to protect your capital.
Disclaimer:
This indicator is provided for educational and informational purposes only. Trading involves risk, and past performance is not indicative of future results. Use at your own risk.