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If the pair trend first bar is above the zero line, then send Alert
then if the 2nd bar is greater than the first bar but above the zero line then initiate BUY
If the pair trend first bar is below the zero line, then send Alert
then if the 2nd bar is less than the first bar but below the zero line then initiate SELL
To exit the existing SELL/BUY transaction details:
For the BUY - if the newest bar is 35% less than 2nd last bar, then initiate SELL to close the BUY position
For the SELL - if the newest bar is 35% more than 2nd last bar, then initiate BUY to close the SELL position
********************
In regards to the calculations of the bars to give the overall height, those are the numbers we should use to determine the exiting of the BUY/SELL signal not the actual TS number on the side.
If the pair trend first bar is above the zero line, then send Alert
then if the 2nd bar is greater than the first bar but above the zero line then initiate BUY
If the pair trend first bar is below the zero line, then send Alert
then if the 2nd bar is less than the first bar but below the zero line then initiate SELL
To exit the existing SELL/BUY transaction details:
For the BUY - if the newest bar is 35% less than 2nd last bar, then initiate SELL to close the BUY position
For the SELL - if the newest bar is 35% more than 2nd last bar, then initiate BUY to close the SELL position
********************
In regards to the calculations of the bars to give the overall height, those are the numbers we should use to determine the exiting of the BUY/SELL signal not the actual TS number on the side.
What do you think?
Tnx for your answer Fix_man
But the system is more elaborate than that .
I find that the best indication in the bunny is where the actual wma's point where they cross - ie - if both cross and point down ( and they are away from the 100 wma (min 10 pips) and point againt the daily open - than this is a valid strong signal ) -this is a visual sensory thing - so how do we program this? (i would also corroborate this with the ichimoku - 1960's rules)
If u wish to contact me in private : eblasterasia01(at)yahoo(dot)com
If the pair trend first bar is above the zero line, then send Alert
then if the 2nd bar is greater than the first bar but above the zero line then initiate BUY
If the pair trend first bar is below the zero line, then send Alert
then if the 2nd bar is less than the first bar but below the zero line then initiate SELL
To exit the existing SELL/BUY transaction details:
For the BUY - if the newest bar is 35% less than 2nd last bar, then initiate SELL to close the BUY position
For the SELL - if the newest bar is 35% more than 2nd last bar, then initiate BUY to close the SELL position
********************
In regards to the calculations of the bars to give the overall height, those are the numbers we should use to determine the exiting of the BUY/SELL signal not the actual TS number on the side.
What do you think?
EA was already created and the discussion is goin on on this thread TrendstrenghtEMA
Are u kidding? This is a simple MACD - not the Bunny one - maybe u gave me the wrong link?
Yes but you started this Bunny by the first post and fix_man posted something different about TrendStrengthEMA by the second post (and the other one or two the same posts about TrendStrengthEMA in the different thread).
So I give him a link (not to you).