A simple momentum strategy that enters depending on the size of the bar just closed. Requested by Rose123 on viewtopic.php?f=27&t=60224&p=92175
Works on any instrument, any timeframe except ticks.
A time range can be specified for you to control when the strategy is operational. Times are in EST (NY Time).
The strategy places market orders.
The requester didn't specify exit conditions so standard stops and limit support has been implemented along with closing of opposite signals if required, or close on weekend. All functionality is configurable.
Entry pips parameter is provided, must be specified in pips.
Also contains functionality to control the amount of open positions.
Enjoy,
MooMooFX.
The Strategy was revised and updated on December 11, 2018.