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Daryl Indicator

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This script is intended to give you signals when to buy or sell a FOREX pair based on a combination of exponential moving averages combined with the Stochastic indicator.

How Buy Signal is Triggered:
  • Close Price is above 200 EMA (1 Day timeframe)
  • Close Price is below the 20 EMA (4 Hour timeframe)
  • Low Price is above the 50 EMA (1 Day timeframe)
  • Stochastic is less than/equal to 20 (1 Day timeframe)


How Sell Signal is Triggered:
  • Close Price is below 200 EMA (1 Day timeframe)
  • Close Price is above the 20 EMA (4 Hour timeframe)
  • High Price is below the 50 EMA (1 Day timeframe)
  • Stochastic is greater than/equal to 80 (1 Day timeframe)


All the settings and timeframes of this indicator are adjustable. You can also set this up to send you alerts when a buy or sell signal is triggered.

NOTE - In this example:
  • 200 EMA (1 Day timeframe) = white line
  • 50 EMA (1 Day timeframe) = yellow line
  • 20 EMA (4 Hour timeframe) = orange line
Notas de Lançamento
Added the ability to choose your Alert Frequency. The default is once_per_bar_close.

Valid values to use:
  • all
  • once_per_bar
  • once_per_bar_close
Notas de Lançamento
Updating Chart.

Aviso legal

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