Short-Term Momentum Alerts with Moving Averages and Directional Indicators

Summary

The document outlines a discretionary short-term momentum setup for currency charts and asks for help turning its rules into an indicator alert. Buy conditions combine a fast and slow linear weighted moving average crossover, price opening above a Laguerre filter, positive directional movement crossing above negative movement and a threshold, and CCI crossing above a positive level. Sell conditions reverse those signals. The author says the approach aims to catch part of a trend and acknowledges that its indicators lag.

The desired alert includes a chart marker, a pop-up with instrument, timeframe, entry level, and timestamp, plus email. The author reports that the current implementation does not match the chart readings and that sell alerts fail. They also want only one alert per candle, while allowing fresh alerts when aligned rules recur; in an established trend, they propose using moving-average crosses alone. The document offers no verified script, systematic test, or evidence supporting its claim about frequent winning trades, and leaves targets and full automated execution unresolved.

Key ideas

• The proposed entry setup combines moving-average crosses with Laguerre, directional movement, and CCI signals.
• Buy and sell rules mirror one another around positive and negative thresholds.
• The author wants chart, pop-up, and email alerts with one alert per candle.
• They describe an exception that would allow moving-average crosses alone to trigger during an existing trend.
• The current alert implementation is reported as inaccurate, especially for sell signals, and no performance test is supplied.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.