Trendfollower – Moving Averages in stage 1 or stage 3

Trendfollower – Moving Averages in stage 1 or stage 3

The idea is based on the assumption that an outbreaking price above or below the high or low of a SMA 34 is a strong trend signal.

To confirm this assumption, we look at the same time for a new 13 day high / low. Meeting both conditions is confirmed to our tradesetup. Depending on the risk preference, the trade can then be entered and managed on the same or lower timeframe.

Stan Weinstein has inspired me with these considerations. Have fun with the trading.


Die Idee basiert auf der Annahme, dass ein ausbrechender Preis über bzw. unter das High oder Low eines SMA 34 ein starkes Trendsignal darstellt.

Um diese Annahme zu bekräftigen schauen wir gleichzeitig nach einem neuen 13 Tages High / Low. Treffen beide Bedingungen zu ist unser Tradesetup bestätigt. Je nach Risikopräferenz kann dann auf gleichem oder niedrigerem timeframe der Trade eingegangen und gemanagt werden.

Inspiriert hat mich Stan Weinstein zu diesen Überlegungen. Viel Spaß beim Traden.

Share this

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

New! PRC is also now on YouTube, subscribe to our channel for exclusive content and tutorials

  1. JR1976 • 43 days ago #

    Dear Mike ,
    your screener seem interest and simple…
    Do you try to envelope an automatik strategy on these kind of stock ?

    thanks Regards

avatar
Register or

Likes

avatar avatar avatar avatar avatar avatar avatar avatar
Related users ' posts
luxrun Nicolas, ho realizzato uno screener dall'indicatore perfect trend-line. Lo screener mi resti...
M. Pettersson Can you please use English?
luxrun Voilà: Nicolas, I realized a screener with the perfect trend-line indicator. The screener r...
rafadonl2 Here it is the screener. (sorry I don't speak german). //Reglas en Heikin-Ashi: //1- Sec...
finplus Muchas gracias. Have a good day.
rafadonl2 I have modified some lines and it seems this version will work better. Even so, I recommend...
Juan Kumi I would like the indicator to +1 when swing line is light blue, and opposite -1 when the swi...
Nicolas Just add the r and g variables to the return instruction and you'll get the information of t...
Juan Kumi Thanks but I did not succeed. Can someone help me?
Nicolas Good job, but I think there is something wrong in the description since trade direction is c...
gabri Francesco, I just tried to code an idea from Maximus 78 (https://www.prorealcode.com/topic/...
Paul Good work ! I was looking for way to maximise profits and this serves it's purpose well !
gabri Thanks!!
manel Ok, many thanks. I've tried messing around with the code myself but am no closer to solving ...
mcha Merci à Nicolas pour cette approche nouvelle et qui prend en compte l'action des prix. Est-i...
Nicolas Il faut supprimer les lignes 101 à 103
gabri GraHaL, I cannot see any link attached. I mostly manual trade but for stocks with strong fi...
GraHal Yes sorry, I set up a link to a screen shot on my google drive and then I got locked into th...
gabri Here's the thread https://www.prorealcode.com/topic/multiframe-rsi-of-rsi/
David Balance thanks for sharing this excellent indicator.  Here are some thoughts.  please ad...
imokdesign Hi Everybody, when I look at the strategy I felt the need to implement a Moneymanagement-Sy...
Inertia newlevel then multiplier=multiplier+1 oldlevel=newlevel newlevel=strategyprofit+startequi...
Inertia Hi Bjoern, I was playing around with your code this morning (EUR/USD 5'). Thank you to the...
puabai99 Hello can anyone help me turn this into mt4 code? Please. I don't know anything about coding.
Nicolas This website is dedicated to Prorealtime programming. However, you can ask for personalized ...
Juzz Me Hey Francesco, this indicator is getting way too little praise - I find it extremely useful ...
supertiti Thanks you so much Lucassen
dreif123 hi, copied the above code, not working on 10.3 the system says "return can only be used at ...
LUCASSEN Hallo , i have no problem , and i have the same versie 10.3, maybe you can ask Nicolas, tha...
verdi55 Have you ever made any Franc with trading ? I guess, not. Maybe I should change business and...
Nicolas Everything here is free, I do not sell anything and "tell people what they like to hear", I'...
verdi55 Is there such a thing as a free lunch ?
lebrinque Does anyone know how to make the lines extended? Like having an option for right and left?
Maz With PRT it's not currently possible to extend lines into the future (right) via the scripti...
Maz You're welcome, thanks
Nicolas Thanks for contributing to the "ichimoku section" of the prorealtime code library Don't he...
sourberry Thank you , this is a great indicator works beautifully. Could you kindly modify to scr...
MikeGC Hi All, apologies for the late response to your queries. I have been away and have not been ...
Mansoor What does COI stand for?
MikeGC Hi Mansoor, COI is the abbreviation for the Coppock indicator.
zilliq The reasons why I think it's time consuming and we loose time to try to do backests and Auto...
filiprb Hello Zilliq, You don't need a system to produce a walk forward test. You can easily create...
Philip Raphael It is incredible! Thanks for sharing, Doctrading!
Yannick Thanks for sharing. This strategy is flat for 11 years and winning afterwards. Don't you thi...
Doctrading Hello, As I usually say, strategies are exposed to be improved :) So yes, I think there mu...

Top