Forex Strategy Builder v2.7.1.1 - Beta
Strategy name: MA
Exported on: 10/26/2008 3:30:00 AM
A same direction signal - Does nothing
An opposite direction signal - Does nothing
Permanent Stop Loss - None
[Opening point of the position]
Bar Closing
Enter the market at the end of the bar
Base price - Close
[Opening logic condition]
Moving Average
The bar opens above the MA value
Smoothing method - Simple
Base price - Close
Period - 21
Shift - 0
Use previous bar value - No
[Opening logic condition]
Steady Bands
The position opens above the Upper Band
Smoothing method - Simple
Base price - Close
MA period - 20
Margin in pips - 30
Use previous bar value - No
[Closing point of the position]
Stop Limit
Exit at the Stop Loss or the Take Profit level
Stop Loss - -20
Take Profit - 15
The Steady Bands indicator is a MA+- margin. In this case MA +- 30pips.
The positions entry point is at the bar closing. So the rule: "The position opens above the Upper Band" means exactly Bar Closing is higher / Lower than MA+-30pips.