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Moving average setup indicator
I have created a simple indicator that checks that all the moving averages are stacked up in the right order by indicating an arrow.Then we can easily see if there were any potential trades based on the ma setup as you scroll back in history for backtesting. You can attach it to the 5 min chart to check for the setup.
For long trades it checks if:
20ema is above 50sma
20ema is above 60ema
240ema is above 600sma
60ema is above 600sma
Let me know what you think and if the settings need to be changed.
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