Something to share: directional determination based on three MA's

Hya, normally I determine direction based on a set of indicators. I have used that method for quite some time and kept on copying it.

A couple of days ago I tried something different, and it turned out okay imho. Just wanted to share to get you idea’s and or suggestions.

It is a script, not an EA (wanted to run it during the weekend). I am not giving any support on it. It doesn’ t need parameters and was run on he last 10,000 bars of the m1 eurusd.

direcdtionalME_test.zip (766 Bytes)