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	<title type="html"><![CDATA[Forex Software — One Way Trade]]></title>
	<link rel="self" href="https://forexsb.com/forum/feed/atom/topic/765/" />
	<updated>2009-02-14T22:51:18Z</updated>
	<generator>PunBB</generator>
	<id>https://forexsb.com/forum/topic/765/one-way-trade/</id>
		<entry>
			<title type="html"><![CDATA[Re: One Way Trade]]></title>
			<link rel="alternate" href="https://forexsb.com/forum/post/2120/#p2120" />
			<content type="html"><![CDATA[<p>Oh ! Its OK now - Thank u (U can tell that I&#039;m green......(new) )</p>]]></content>
			<author>
				<name><![CDATA[nirco]]></name>
				<uri>https://forexsb.com/forum/user/850/</uri>
			</author>
			<updated>2009-02-14T22:51:18Z</updated>
			<id>https://forexsb.com/forum/post/2120/#p2120</id>
		</entry>
		<entry>
			<title type="html"><![CDATA[Re: One Way Trade]]></title>
			<link rel="alternate" href="https://forexsb.com/forum/post/2119/#p2119" />
			<content type="html"><![CDATA[<p>Hello Nir,</p><p>There is no problem,<br />You have to set long position&#039;s logic in the strategy slots.</p><p>If you want to buy when RSI &lt; 20 and to sell when RSI &gt; 80, you have to set the rule for the long entry only. In this case the rule should be: Enter long when RSI is lower than 20. This also means that the short entry is when RSI is higher than 80.</p><br /><p><strong>[Opening Point of the Position]</strong><br /><strong><span style="color:blue">Bar Opening</span></strong><br />&nbsp; &nbsp; &nbsp;<strong><span style="color:teal">Enter the market at the beginning of the bar</span></strong><br />&nbsp; &nbsp; &nbsp;<strong>Base price</strong>&nbsp; -&nbsp; <em>Open</em></p><p><strong>[Opening Logic Condition]</strong><br /><strong><span style="color:blue">RSI</span></strong><br />&nbsp; &nbsp; &nbsp;<strong><span style="color:teal">The RSI is lower than the Level line</span></strong>&nbsp; <strong>&lt;---------------</strong><br />&nbsp; &nbsp; &nbsp;<strong>Smoothing method</strong>&nbsp; -&nbsp; <em>Simple</em><br />&nbsp; &nbsp; &nbsp;<strong>Base price</strong>&nbsp; -&nbsp; <em>Close</em><br />&nbsp; &nbsp; &nbsp;<strong>Smoothing period</strong>&nbsp; -&nbsp; <em>14</em><br />&nbsp; &nbsp; &nbsp;<strong>Level</strong>&nbsp; -&nbsp; <em>20</em>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<strong>&lt;---------------</strong><br />&nbsp; &nbsp; &nbsp;<strong>Use previous bar value</strong>&nbsp; -&nbsp; <em>Yes</em></p><br /><br /><p>In the &quot;Strategy Overview&quot;:</p><p><strong>Opening (Entry Signal)</strong></p><p>* Open a new long position at the beginning of the bar when the following logic condition is satisfied:</p><p>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; the RSI* (Simple, Close, 14) is lower than the Level 20. </p><p>* Open a new short position at the beginning of the bar when the following logic condition is satisfied:</p><p>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; the RSI* (Simple, Close, 14) is higher than the Level 80.</p>]]></content>
			<author>
				<name><![CDATA[Popov]]></name>
				<uri>https://forexsb.com/forum/user/2/</uri>
			</author>
			<updated>2009-02-14T21:49:21Z</updated>
			<id>https://forexsb.com/forum/post/2119/#p2119</id>
		</entry>
		<entry>
			<title type="html"><![CDATA[One Way Trade]]></title>
			<link rel="alternate" href="https://forexsb.com/forum/post/2118/#p2118" />
			<content type="html"><![CDATA[<p>Hi</p><p>I build strategy with RSI and I want to sell at above 80 and buy at below 20<br />I found out that it is doing also long on above 80 and short below 20. <br />This is what written in Strategy Overview for example<br />Opening (Entry Signal)<br />Open a new long position at the beginning of the bar when the following logic condition is satisfied:<br />•&nbsp; &nbsp; the RSI* (Simple, Close, 7) is higher than the Level 80. <br />Open a new short position at the beginning of the bar when the following logic condition is satisfied:<br />•&nbsp; &nbsp; the RSI* (Simple, Close, 7) is lower than the Level 20. </p><p>It should be the opposite!!!!&nbsp; <img src="https://forexsb.com/forum/img/smilies/sad.png" width="15" height="15" alt="sad" /> Short above 80 long below 20</p><p>Is it my mistake? <br />I’ll appreciate any help<br />BTW – GREAT GREAT TOOL !!!! <br />Nir</p>]]></content>
			<author>
				<name><![CDATA[nirco]]></name>
				<uri>https://forexsb.com/forum/user/850/</uri>
			</author>
			<updated>2009-02-14T20:41:08Z</updated>
			<id>https://forexsb.com/forum/post/2118/#p2118</id>
		</entry>
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