Indicators breakout strategies
On Friday, he shared his thoughts about the breakdown indication strategies. Archive with the considered examples can be downloaded from my site http://assurkov.ru/?p=895
Breakout strategy based on the assumption that at a penetration level of any price will continue its movement. It applies mainly to the timeframes of not less than H1.
We consider two examples of such strategies:
1. Strategy Tushar Chand. It based on the assumption that at the close of the candle above the high of 20th candle price continues upward movement and at the close of the candle below the low of 20th candles - downward. Dial indicator strategy - №2 file in the archive. Changeable parameter - candles number for comparison, the default 20:
2. pounder strategy. It based on the assumption that at the close of a candle below the "clouds" moving average price will go down, higher - up. "Cloud" formed mumingami following:
1) Period: 144. Calculation method: exponential. Price: closure.
2) Period: 169. Calculation method: exponential. Price: closure.
3) Timing: 144. Calculation Method: Linear Weighted. Price: Weighted Close.
4) Period: 169. Method of calculation: Linear Weighted. Price: Weighted Close.
Graphically, it looks like this:
Template for MT4 removals File, №4 in the archive, Meter strategy - №3 file in the archive.
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