footon wrote:Wanna precise white/black bar? Use my Custom Moving Average Crossover, it's in my indi thread.
i didn't think about using an MA crossover...
good idea!
Although we are not actually using the "crossover" condition itself, but rather the order of the MAs (which one is on top of the other).
The standard MA crossover FSB indicator won't allow us finding white/black candles, because the "Base Price" applies to both Fast and Slow MAs, and we need Close on one, and Open on the other.
Footon's custom MA crossover allows separate Base Price for each MA, so that's the way to go.
The idea is that we use a 1-period MA applied on Close prices as the "fast" MA,
and that same 1-period MA, but applied on Open Prices, as the "slow" MA.
The condition is then "Fast MA crosses Slow MA upwards" to go Long.
You will need the fixed version of footon's indicator available here:
http://forexsb.com/forum/post/20805/#p20805
for this strategy to work.
"Custom Moving Averages Crossover.cs" goes in
C:\Program Files\Forex Strategy Builder\User Files\Indicators
The true white/black continuation strategy is then:
Post's attachmentsblott-US-close-H1-continuation-with MAcrossover.xml 13.16 kb, 10 downloads since 2013-06-26
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