A standard EMA and a Middle-High-Low EMA give a good signal when they cross
//@version=2 study("The Middle-High-Low Moving Average",overlay=true) len = input(35,title="Period") smooth = input(100,title="Smooth") MHL = 0.5 * ( highest( len ) + lowest( len ) ) em=ema(MHL,smooth) plot( em, title="MHL EMA" ,linewidth=2, color =red ) // standard EMA and bar chart plot( ema( close, smooth ), linewidth=2, color=green )