Close Breakout System

A forum for all EdgeRater users

Moderator: Chris White

Post Reply
henry1224
Posts: 457
Joined: Wed Feb 24, 2016 12:04 pm

Close Breakout System

Post by henry1224 »

Here is a system of when the close breaksout from a ref level

A:=C>(LLV(L,20)+(2*ATR(10)));
B:=C<(HHV(H,20)-(2*ATR(10)));
D:If(BarsSince(A)<BarsSince(B), 1,If(BarsSince(A)>BarsSince(B),-1,0)),Colorstick;


Here are the events
Long

A:=C>(LLV(L,20)+(2*ATR(10)));
B:=C<(HHV(H,20)-(2*ATR(10)));
D:=If(BarsSince(A)<BarsSince(B), 1,If(BarsSince(A)>BarsSince(B),-1,0)),Colorstick;
Event:Cross(D,.5);

Short

A:=C>(LLV(L,20)+(2*ATR(10)));
B:=C<(HHV(H,20)-(2*ATR(10)));
D:=If(BarsSince(A)<BarsSince(B), 1,If(BarsSince(A)>BarsSince(B),-1,0)),Colorstick;
Event:Cross(-.5,D);
Post Reply