Topic: TOP BOTTOM PRICE
The source code page of technical indicators in FSB does not seem to include the TOP BOTTOM PRICE indicator, why? I find that this particular indicator appears very stable and yes, I am not using a STOP LOSS, though I have used CLOSE on this strategy as you have suggested. Also, thank you for your comments on my last strategy I posted to the forum.
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Market: EURUSD 5 Minutes
Spread: 2 pips
Swap Long: 1.58 pips
Swap Short: -1.58 pips
Slippage: 0 pips
Maximum open lots: 20
Entry lots: 1
Adding lots: 1
Reducing lots: 1
Intrabar scanning: Not accomplished
Interpolation method: Pessimistic scenario
Ambiguous bars: 0
Tested bars: 19997
Balance: 31853 pips
Minimum account: 0 pips
Maximum drawdown: 1852 pips
Time in position: 99 %
A same direction signal - Adds to the position
An opposite direction signal - Closes the position
Permanent Stop Loss - None
[Opening point of the position]
Top Bottom Price
Enter long at the bottom price
Base price - High & Low
Base period - Previous week
Price shift - 10
[Opening logic condition]
Accumulation Distribution
The AD rises
Use previous bar value - Yes
[Closing point of the position]
Top Bottom Price
Exit long at the top price
Base price - High & Low
Base period - Previous week
Price shift - 50