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4 Stripes Strategy Indicator
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=3690
Forum: 17 · Topic 3690 · 7 post(s)
4 Stripes Strategy Indicator
Apprentice · Mon Mar 21, 2011 5:03 pm
Short When the fast MVA crosses the 3 slow MVA from above Long When the fast MVA crosses the 3 Slow MVA from below
To execute the sell/buy, the fast MVA must cross the HIGH or LOW.
Exit the position when the reverse happens and enter a new position in the new direction.
4 Stripes Strategy Indicator.lua
The indicator was revised and updated
Re: 4 Stripes Strategy Indicator
DS0167 · Tue Mar 22, 2011 2:12 am
With the strategy it is a very nice one Apprentice
Is it possible to have the same with the EMA instead of SMA ?
Thank you Danielle
Re: 4 Stripes Strategy Indicator
sabrumea · Tue Mar 22, 2011 5:10 am
Woow, I’ve just backtested this on my charts.. I believe this indicator has a huge potential! but is it very difficult to change it to EMAs instead of using MAs? I am sure EMAs will work even better! .. Apprentice, could you please help with it?
Re: 4 Stripes Strategy Indicator
Apprentice · Tue Mar 22, 2011 1:48 pm
This version uses Averages indicator. Allows you to use 20 of various moving averages.
Averages 4 Stripes Strategy Indicator.lua
To this indicator to work, you need to install Averages Indicator. You can find it here. viewtopic.php?f=17&t=2430&p=5268&hilit=averages#p5268
Re: 4 Stripes Strategy Indicator
sabrumea · Fri Mar 25, 2011 1:04 am
thanks tonns, Apprentice, excellent job and so fast! Thank you very much, i will experiment now with those settings !!!!
Re: 4 Stripes Strategy Indicator
JOKER83 · Fri Jan 23, 2015 3:24 pm
HI CAN YOU MAKE CLOSE OPTION ON/OFF AND
ENTRY OPTION SAME WITH KELTNER CHANNEL CROSS LINE ONE OVER/UNDER CROSS LINE TWO OVER/UNDER CROSS LINE THREE OVER/UNDER THANKS
Re: 4 Stripes Strategy Indicator
Apprentice · Sat Aug 05, 2017 4:15 am
The indicator was revised and updated.