...something while posting text and chart went wrong - so again:
in the 60 min chart below a CFD datafeed for GER Index shows long/short signals using easy indicators
1. Indicator StochDay uses Stochastics(10,7,4) & crossing 80 falling (short) crossing and 30 rising (long)
2. Indicator Stau uses the difference of EMA(9) - SMA(35)
3. Indicator red dotted lines in 2. gives buy /sell if blue bars rising above or sell below red line
Free and Open script is running on Ninja 8 beta and AgenaTrader platform with datafeed IB - shoulkd be handeled as open source software if someone is interested in mods and adaption of parameters.