Comment on Code your Technical Analysis strategy

Hanan commented on 08 Oct 2013, 05:23 AM

Chintamani, the kind of strategy you mention is not possible on algoZ. Yes, you can combine two strategies like moving average and RSI to get the desired strategy. Moving averages are as good as trend lines.

Try this:
EMA(CLOSE, 12) > EMA (CLOSE, 26) AND RSI (CLOSE, 14) > 70
EMA(CLOSE, 12) < EMA (CLOSE, 26) AND RSI (CLOSE, 14) < 30

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