by Silver23 » Tue Mar 15, 2016 1:23 pm
Hi Apprentice,
Thank you for this strategy and all the other work you have done. Is it possible to add the "Level Stop Reverse with Alert" to this strategy? A buy signal is given 1) when the RSI is above 50 and the "Bottom Line Early Warning" of the LSR is indicated. An exit for this condition is given only when the RSI move below 50 and a down arrow is indicated. This will then trigger a SELL signal.The parameters of both indicators must still be adaptable by the user. I have attached a picture to illustrate what I'm talking about. Thank you in advance.
In summary:
BUY: Smoothed RSI > 50 and LSR " Bottom Line Early Warning" arrow is pointing up.
SELL: Smoothed RSI < 50 LSR " Top Line Early Warning" arrow is pointing down.
EXIT: opposite trade initiated
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