|
PureBytes Links
Trading Reference Links
|
Hy,
Could someone help me with the following. I have
a selfmade good working trendindicator. Witch gives me allready great gains but
I would like to secure even a bit more of the gainings before the trend
indicator turns from bull into bear or from bear into bull. To help me with this
I have to take an oscillator. I took the stochastic. The parameters of the
stochastic is 9-5-3 horizontal lines 80-20. I would like to have both, the trend
and the stochastic in one expertformula. So if the stoch. gives a short
signal in a bullish trend then the expertadvisor should give an exit-long if it
gives an other long signal the expert should gives an re-entry long. Opposite
for the bearish trend. But that is not all. . If the trend is bullish and my
stochastic falls below the 80-line it will give an exit-short. BUT...when the
stoch crosses itself again before it crosses the 20-line it should re-enter long
and STAY long till the stochastic finds the power to cross the 20 line. That is
important in major move's or trends. So you will be abble to take the compleet
move and till the stoch. finds the power to cross the 20-line that
will still be sooner than the trend will turn from bullish in to bearish. Also
here the opposite for the bearish trend.
Basically it should come to this:
ENTER LONG=when trendindicator is long and stoch.
cross 20 and > 20
EXIT LONG1= when trendindicator is long stoch.
cross 80 and is < 80
RE-ENTER LONG after <FONT face=Verdana
size=2>EXIT LONG1= stoch cross itself before cross 20
EXIT LONG2 after RE-ENTERLONG= Stoch <
20
GENERAL EXIT LONG= when trendicator is long and
stoch < 20
the opposite for short.
Many thanks and greetings
igor
|