Comment on Managing your Script

mira commented on 23 Aug 2013, 07:39 AM

Dear Madam / Sir,

I use Stochastics and MACD in technical charts for buying and selling options on a one / five minute chart depending on the time of the day.

Parameter used by for the indicators are as follows:
Stochastics (3,3,3) for slow and fast
MACD (9,8,18) where 9 the signal and 8 and 18 are short and long exp moving average

I want an alert for the following conditions:
Fast and Slow stochastics are less than 30 and Fast crosses over Slow from below
Fast and Slow stochastics are more than 70 and Fast crosses over Slow from top

Trading decision

Buy when the the Fast Exp mavg. cross over Slow exp mavg from below
Sell when the the Fast Exp mavg. cross over Slow exp mavg from top

Apreciate if you would write the necessary script for the above mentioned strategy.

Please also clarify the following doubts:

Would I able to use the scripts for 1 minute / 5 minutes simultaneously or only 1 time chart is possible ?
Would I able to use it for multiple charts ?
What is the bandwidth required for using the trading decision alerts?
Please do the needful at the earliest.

Thanks and Regards
Mira

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