3-10 Oscillator Swing Trading System

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    Jeki20Jeki20
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    @roberto

    Maybe there was a misunderstanding between 5 days “down” and 5 days “bearish…

    Sorry for that and next time I will be more precise…

    robertogozzi thanked this post
    #211231 quote
    JSJS
    Participant
    Master

    Hi Roberto,

    My logic was this:

    Ind310 is the difference between SMA3 and SMA10, in a downward movement the SMA3 will always be below the SMA10 and the difference will be negative…

    With a further decrease, the difference between SMA3 and SMA10 will become larger or more negative (because the SMA3 will decrease faster than the SMA10)

    So, ind310 < ind310[1] indicates that a downward movement is underway…

    Bearish = summation[5](ind310 < ind310[1]) = 5 (if true) this indicates that this downward movement has been going on for five consecutive days…

    robertogozzi thanked this post
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3-10 Oscillator Swing Trading System


ProOrder: Automated Strategies & Backtesting

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Jeki20 @jeki20 Participant
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This topic contains 16 replies,
has 4 voices, and was last updated by JSJS
3 years, 6 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 03/01/2023
Status: Active
Attachments: 3 files
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