GBPUSD long only strategy based on ROC and MACD
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GBPUSD Long Only & Bull Market Strategy – Based on ROC and MACD. While I am getting to learn how to create these codes here is a simple one that yields a profit for this year on 1 hour bars. I am trying to create a strategy that only buys into breakouts. Not sure playing with ROC is a good idea but does seem to yield good results if used with other indicators.
// Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated // Conditions to enter long positions indicator1 = ROC[100](close) c1 = (indicator1 >= 0.5) IF c1 THEN BUY 2 PERPOINT AT MARKET ENDIF // Conditions to exit long positions indicator2 = MACDline[12,26,7](close) indicator3 = Average[21](MACD[15,34,15](close)) c2 = (indicator2 CROSSES UNDER indicator3) IF c2 THEN SELL AT MARKET ENDIF // Stops and targets SET STOP %LOSS 0.5
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Topic Details
| Forum: | ProOrder: Automated Strategies & Backtesting |
| Language: | English |
| Started: | 05/26/2016 |
| Status: | Active |
| Attachments: | No files |
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