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Ken Calhoun's article, “Golden Cross Breakouts”, presented a trading system based on a popular pattern. The buy and sell signals are shown below. Buy Signal: Code:Cross( Mov( C, 50, S), Mov( C, 200, S) )
Sell Signal: Code:bsig:= Cross( Mov( C, 50, S), Mov( C, 200, S) );
ssig:= Cross( Mov( C, 200, S), Mov( C, 50, S) );
stop:= C - 2;
trade:= If( PREV<=0, If( bsig, stop, 0),
If( ssig, -1, If( L < PREV, -2, Max(PREV, stop))));
trade < 0
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