The overriding overriding overriding overriding overriding… overriding trend since the beginning of the indices is long.
With short we always trade only corrections.
We look for entries into the trend?
So we buy when the price has fallen and starts to rise, not at a new high!
Easygoing.
Below is a small code that defines possible entries.
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//------------------------------------------------------------------------- // maincode : everytime long kavg5 co2 M9 //------------------------------------------------------------------------- // created and coded by johnscher // s&p500 longonly strategy // timezone europe, berlin // timeframe daily defparam cumulateorders = false once positionsize = 1 c1 = exponentialaverage [1] (close) crosses over exponentialaverage [2] (close) c2 = close < average [5] if c1 and c2 then buy positionsize contracts at market endif set stop %loss 9 set target %profit 9 |
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thanks, really interesting!
thanks,
why do U prefer average than lowest ? to close under average does’nt mean another lowest is less possible than reversal move….
Chris