Noro's PriceChannel Strategy v1.2
In v1.2 added
+ Capital, % parameter
+ Counter-trend entry
+ Lines of PriceChannel
The blue line is the middle of the price channel.
If to use trend entry
If there are 2 red candles in a row and a body of the last candle more than a half of an average body of a candle and a candle was closed over the line - to open long-position
If there are 2 green candles in a row and a body of the last candle more than a half of an average body of a candle and a candle was closed under lines - to open short-position
If to use counter-trend entry
If the price of closing is lower than the lower line of the price channel and the candle red - to open long-position
If the price of closing is higher than the top line of the price channel and the candle green - to open short-position
If use RSI strategy
If RSI-2 < 25% and a body of the last candle more than a half of an average body of a candle and a candle was closed over the line - to open long-position
If RSI-2 > 75% and a body of the last candle more than a half of an average body of a candle and a candle was closed under lines - to open short-position
Exit
If the candle green and a body of the last candle more than a half of an average body of a candle - to close long-position
If the candle red and a body of the last candle more than a half of an average body of a candle - to close short-position
+ Capital, % parameter
+ Counter-trend entry
+ Lines of PriceChannel
The blue line is the middle of the price channel.
If to use trend entry
If there are 2 red candles in a row and a body of the last candle more than a half of an average body of a candle and a candle was closed over the line - to open long-position
If there are 2 green candles in a row and a body of the last candle more than a half of an average body of a candle and a candle was closed under lines - to open short-position
If to use counter-trend entry
If the price of closing is lower than the lower line of the price channel and the candle red - to open long-position
If the price of closing is higher than the top line of the price channel and the candle green - to open short-position
If use RSI strategy
If RSI-2 < 25% and a body of the last candle more than a half of an average body of a candle and a candle was closed over the line - to open long-position
If RSI-2 > 75% and a body of the last candle more than a half of an average body of a candle and a candle was closed under lines - to open short-position
Exit
If the candle green and a body of the last candle more than a half of an average body of a candle - to close long-position
If the candle red and a body of the last candle more than a half of an average body of a candle - to close short-position
