Topic: Reverse strategy
-1 candle bearish, 0 candle bullish, open long position with the oepn of a new candle only if low of 0 candle is lower than low of -1 candle . Close position with the candle close Anyone Knows how to fix this? Thanks.
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Forex Software → Forex Strategies → Reverse strategy
-1 candle bearish, 0 candle bullish, open long position with the oepn of a new candle only if low of 0 candle is lower than low of -1 candle . Close position with the candle close Anyone Knows how to fix this? Thanks.
Maybe along these lines...
[Opening Point of the Position]
Bar Opening
Enter the market at the beginning of the bar
Base price - Open
[Opening Logic Condition]
Moving Average
Moving Average falls
Smoothing method - Simple
Base price - Low
Period - 1
Shift - 0
Use previous bar value - Yes
[Opening Logic Condition]
Moving Average
Moving Average falls
Smoothing method - Simple
Base price - Open
Period - 1
Shift - 1
Use previous bar value - No
[Opening Logic Condition]
Long or Short
Open long positions only
[Closing Point of the Position]
Bar Closing
Exit the market at the end of the bar
Base price - Close
Thanks for the fast reply , but the opening candle is not the 0 candle . Please see image for the strategy rules for buy and sell
fskliris wrote:Thanks for the fast reply , but the opening candle is not the 0 candle . Please see image for the strategy rules for buy and sell
I can't explain! When I devised your rule, it all worked well for me, furthermore, why don't you show exact chart instead of going over the rules again?
What about this?
[Opening Point of the Position]
Bar Opening
Enter the market at the beginning of the bar
Base price - Open
[Opening Logic Condition]
Custom Moving Averages Crossover
[ A ] The Fast MA crosses the Slow MA downward
FastBase price - Close
SlowBase price - Open
Fast MA method - Simple
Slow MA method - Simple
Fast MA period - 1
Slow MA period - 1
Fast MA shift - 1
Slow MA shift - 1
Use previous bar value - Yes
[Opening Logic Condition]
Custom Moving Averages Crossover
[ A ] The Fast MA crosses the Slow MA upward
FastBase price - Close
SlowBase price - Open
Fast MA method - Simple
Slow MA method - Simple
Fast MA period - 1
Slow MA period - 1
Fast MA shift - 0
Slow MA shift - 0
Use previous bar value - Yes
[Opening Logic Condition]
Moving Average
[ A ] The Moving Average falls
Smoothing method - Simple
Base price - Low
Period - 1
Shift - 0
Use previous bar value - Yes
[Opening Logic Condition]
Long or Short
[All] Open long positions only
[Closing Point of the Position]
Bar Closing
Exit the market at the end of the bar
Base price - Close
Custom cross can be substituted with Candle Colour as well, only then the signal shift has to be used appropriately, it should work. Skliris, you can definitely work this out now!
Thanks a lot , but where can i find the custom moving average crossover indi?
i have fix it with candle colore indi!
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