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.

Re: Reverse strategy

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

Re: Reverse strategy

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

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Re: Reverse strategy

fskliris wrote:
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

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Re: Reverse strategy

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?

Re: Reverse strategy

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

Re: Reverse strategy

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!

Re: Reverse strategy

Thanks a lot , but where can i find the custom moving average crossover indi?

Re: Reverse strategy

i have fix it with candle colore indi!