Greetings team,
I a need your help in creating a screener based on an ATR Trailing Stop indicator. It generates signal based on the price crossing above the ATR trailing stop, combined with an EMA (Exponential Moving Average) crossover.
Screener Conditions:
##On hourly time frame
Close > 1.5 * ATRTrailingStop (10 period, close): The price is above the trailing stop.
above: The EMA (1-period, close) crosses over the trailing stop.
Summary of Conditions:
Buy: Price > Trailing Stop AND Price crosses above Trailing Stop.
In simpler terms: The price must be above the trailing stop, and it must have just crossed above it.
I hope you will be able to help me, I have been trying to create this since last couple of days.
Thanking you.