Welles Wilder Strategy

Category: Screeners By: odin Created: May 15, 2018, 7:11 AM
May 15, 2018, 7:11 AM
Screeners
4 Comments

holistic concpet of 3 indicators – DMI + ADX + PAR

should give a high hit rate.

we need an UP Trend, with strong Trend dynmic and a pro cylcic breakout pattern.

the target is the same length from the low to the breakout – par is the dynamic stop loss.

for indicator lover a nice bread and butter system.

c1= Average[40](close*volume) > 3000000
c2 = ADX[14]
c3 = DIplus[14](close) > DIminus[14](close)
c4 = c2 >= 25
c5 = close[1] < SAR[0.02,0.02,0.2][1]
c6 = close > SAR[0.02,0.02,0.2]
SCREENER[c1 and c3 and c4 and c5 and c6](c2 as "adx")

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Filename: Welles-Wilder-strategy.itf
Downloads: 436
odin Veteran
secundary school-education to banker staff-multiple host part time - economist partime like: reading-thinking biases and chess.
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