GBP/JPY Mini Bollinger Short Auto

• 08/25/2016 at 12:20 PM #12205
  DonF

  Hi,

  will short if upper band gets crossed, exit short if middle band is crossed.

  Stop loss 8000Yen has to be adjusted to the number of contracts (Multiply)

  No Long function, would only mean small profit and often be stopped out, lots of false triggers for long in this system.

  Let me know what you think.

  DEFPARAM CumulateOrders = False indicator1 = close indicator2 = BollingerUp[20](close) c1 = (indicator1 >= indicator2) IF c1 THEN SELLSHORT 1 CONTRACT AT MARKET ENDIF indicator3 = close indicator4 = Average[20](close) c2 = (indicator3 <= indicator4) IF c2 THEN EXITSHORT AT MARKET ENDIF SET STOP $LOSS 8000

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

  DEFPARAM CumulateOrders = False   indicator1 = close indicator2 = BollingerUp[20](close) c1 = (indicator1 >= indicator2)   IF c1 THEN SELLSHORT 1 CONTRACT AT MARKET ENDIF   indicator3 = close indicator4 = Average[20](close) c2 = (indicator3 <= indicator4)   IF c2 THEN EXITSHORT  AT MARKET ENDIF     SET STOP $LOSS 8000

  

  DonF

  Participant

  Topics: 1

  Replies: 0

  Been thanked: 0 times
• Author
  Posts