Rank: Advanced Member
Groups: Moderators, Registered, Registered Users, Subscribers Joined: 10/8/2010(UTC) Posts: 1,960
Thanks: 91 times Was thanked: 155 time(s) in 150 post(s)
|
Donald Pendergast's article, “Swing Trading with Three
Indicators” presented an easy to understand trading system. The template is easy to create for visually
scanning charts but is not as helpful with large groups of trading
candidates. The formulas below can be
used to create explorations, an expert advisor, and/or a system test:
Buy:
incr:= 0.05; {amount
above/below bands for entry signal}
H > Mov(H, 5, S) + incr AND C > Mov(C, 50, E)
Sell:
L < Mov(L, 5, S)
Sell Short:
incr:= 0.05; {amount above/below
bands for entry signal}
L < Mov(L, 5, S) - incr AND C < Mov(C, 50, E)
Cover:
H > Mov(H, 5, S)
|
|
|
|
Users browsing this topic |
|
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.