mntiwana wrote:You means 2 MAs within 3 TFs ?
Dear Mntiwana,
I mean within the same Time Frame Chart ...
Description: We use Two (2) Moving Averages. In the picture the Fast MA is 21 period EMA and the Slow MA is 55 period EMA. We find the Three (3) Last Crossing-UP and Three (3) Crossing-Down points. We name the Cross-UP with "Lx" and the Cross-Down with "Hx". We use for "x", number "1" for the last number "2" for the previous and number "3" for the third one. So we will have "H1" for the Last Cross Down point, "H2" for the previous and "H3" for the third ... accordingly for the Cross-Up points we will have "L1" for the last one etc. etc.
Every time a new cross will be effected, numbers will change accordingly, in order to keep numbering logic the same ...
Now the Conditions to define the three states of TREND are :
1. UP-Trend when : L3 < L2 < L1 and H3 < H2 < H1 and as a result the indicator must produce +1
2. Down-Trend when : L3 > L2 > L1 and H3 > H2 > H1 and as a result the indicator must produce -1
3. Flat-Trend if : L3 < L2 > L1 and H3 < H2 > H1 and as a result the indicator must produce "0" "zero"
4. Flat-Trend if : L3 > L2 < L1 and H3 > H2 < H1 and as a result the indicator must produce "0" "zero"
If there something to be clarified please specify ....
Thank you for your attention.
Best Regards
Dimitri