Tuesday, November 22, 2016

BUY or SELL or WAIT

BUY or SELL or WAIT


input parameter counted_bars It determines how many bars will be visible indicator line.


input parameter barsNum - the period for calculation of line.



  • If the closing price of the previous bar is located above the upper line, you can open a long position.

  • If the closing price of the previous bar is located below the bottom line, you can open a short position.

  • If the current price is between the lines, you should wait.


BUY or SELL or WAIT

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