Powerplay:
Two consecutive up or down days with above average volume in opposite direction to moving averages. Strategy based on price bouncing off resistance or moving average. Place bet in same direction as moving average
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REM ma50today = average[50](close) REM ma50yesterday = average[50](close[1]) ma200today = average[200](close) ma200yesterday = average[200](close[1]) myStoc =SmoothedStochastic[14,3](close) REM open <= close[1] and close > ma50today and ma50today < ma50yesterday and REM open >= close[1] and close < ma50today and ma50today > ma50yesterday and REM -- IF open > close and open[1] > close[1] and close<low[1] and close > ma200today and Volume > average[25](volume) and ma200today > ma200yesterday and mystoc <30 then powerplay=1 else IF open < close and open[1] < close[1] and close>high[1] and close < ma200today and Volume > average[25](volume) and ma200today < ma200yesterday and mystoc >70 then powerplay=-1 else powerplay=0 ENDIF ENDIF return powerplay as"buysell" |
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