Comment on Code your Technical Analysis strategy

basu commented on 26 Jun 2013, 03:14 AM

A big thank you and thumbs up for your team’s efforts.
I have some request for coding my MT4 strategy into AlgoZ, so that i can benefit from that.
My strategy is as below:
Buy:
1.) CLOSE> 5EMA displaced by 5 periods forwars2.) 4EMA -5EMA positive crossover3.)RSI should be above 50 and should be above the signal line (or whatever you can suggest with RSI, MACD, STOCH etc will be most welcome.)
Buy Exit:
If close < last 5 bar low.
Sell:
1.) Close< 5EMA displaced by 5 periods forward. 2.) 4EMA-5EMA negative crossover3.) RSI should be below 50 and should be below the signal line.
Sell exit:
If close> last 5 bar high

I am attaching a snapshot of my MT4 chart for better understanding.
I would be highly thankful to you guys if you get it done….

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