this chart allows 4 moving averages and gives a signal for macd cross over up and down as well as RSI oversold - purple - and overbought -yellow - all in 1 indicator.
@bsinclair2076, macd d cross over of the signal and macd ma gives the up and down crosses. Rsi being oversold at 30 and overbought at 70 gives the bar color changes. These rsi figures can be changed.
@bsinclair2076, not at this stage I didn't design it as a signal generator or strategy as such more of just an indication of what the macd and rsi are doing along with the emas while keeping a clean chart
jonasthomasen
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When does the signals appear? Do they appear before the candle is closed?
bendobinson
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@jonasthomasen, Yeah they will appear before close depending on the candle. Basically the signal will appear as soon as it happens during that candle which can mean that if for example, a macd cross signal appears during a candle but then the price reverts and the macd is no longer crossed than the signal may appear and then disappear during the same candle. On lower timeframes and in more volatile markets the signals can potentially appear and disappear in the same candle. Thanks