General Category > I need help!

candle crossed below and above moving average 20

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mbk1972:
hi, i'm looking for the strategy, where candle like hammer  in the same candle was crossed below and above moving average 20 (EMA)

braddoubleu:
Currently we have simple moving averages as filters, not exponential moving averages.  To identify a cross of a hammer candle with a SMA, you will want to first define which SMA you want to use and what time-frame for the hammer candle.  For this example, let's use the 5 minute hammer alert (http://www.trade-ideas.com/ProductHelp.html#HMR5) combined with a narrow spread between the min and max values for the SMA filter.  Using the Min up from the 20 period SMA on a 5 min chart, enter a very small value like -.3% and a max value of .3%

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