Comment on Code your Technical Analysis strategy

Mareeswaran6 commented on 27 Dec 2013, 01:06 AM

Indicators:
Bollinger Band
EMA Period

Buy Condition:

1. When previous Bar[low]Touches the Lower Bollinger Band
2. AND Current bar open above the Lower Bollinger Band
3. AND Current Bar Open above Close of Previous bar
4. AND Finally Current bar price should be 2 to 3 pips less than EMA

Exit Long Conditions:
1. Exit the long position when current bar touches the EMA.

Stop Loss:
1. Low of the previous bar + 2 pips (i.e. the previous bar when we bought)

Can you please create a strategy for me based on these inputs. Let me know if need any more inputs.

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