Time-frame trade management strategy

[moomoofx]

As requested on: viewtopic.php?f=27&t=60233

This strategy allows you to define a set of actions to take place when the price closes above or below a specified price value for any timeframe.

Any combination of the following set of actions are permitted
- Enter Long
- Enter Short
- Close Long
- Close Short
- Alert
- Stop Strategy

Stop Strategy is recommended unless you would like the action to keep happening if the price stays above/below the specified price value.

Happy Trading.

Cheers,
MooMooFX

The Strategy was revised and updated on December 11, 2018.

[Kyriakos]

Hi,

Thank you for the strategy. I tested it in small time-frames and it works great. I will let you know if i find any issues in bigger time-frames especially on daily charts.

[kankatrader]

Hi moomoofx,

if i select only below a specified price value, in combination with enter short or long
the strategy does not open any position.

Entry Signal for Ma Parameters: "Above " works well
Entry Signal for Ma Parameters: "below" has no function.

Can you fix it

Best Regards

kankatrader

[moomoofx]

Works for me. Please send me a screenshot of your configuration.

Thank you,
MooMooFX

[kankatrader]

Works for me. Please send me a screenshot of your configuration.

Thank you,
MooMooFX

Here is my settings:

[moomoofx]

EURUSD hasn't dropped below 1.2 in the last 2 years so it isn't surprising it isn't trading?

If I backtest that configuration with a value of 1.3000 instead, it trades when expected.

Cheers,
MooMooFX

[Apprentice]

Strategy was revised and updated.