CAC40 Tuesday Long with MA65
July 18, 2023, 10:26 AM
Strategies
4 Comments
Here’s a simple strategy for CAC40 with only three conditions.
Appropriately enough it’s the french national day today.
The three conditions
- Price must be < MA65
- Todays high/low must be higher than yesterday
- Enter the trade on Tuesday open and exit trade on Wednesday close
timeframe(daily, updateonclose)
entrycondition1 = close < average[65](close)
TimeFrame(default)
entrydaytime = dayofweek = 2 and time = 090000
exitdaytime = dayofweek = 3 and time = 173000
entrycondition2 = dlow(0) > dlow(1) or dhigh(0) > dhigh(1)
if entrydaytime and entrycondition1 and entrycondition2 and not onmarket then
buy 1 contract at market
set stop %loss 2
endif
if exitdaytime then
sell at market
endif
Download
Filename:
CAC40-Tuesday-Long-with-MA65.itf
Downloads:
123
Junior
Developing algos and indicators for ProRealTime
Go to ProRealAlgos.com
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