Magic Trend Strategy

[Apprentice]

This is a simple implementation Magic trend strategy.

Version 1
Long
On Price / Trend Magic Crossover
Short
On Price / Magic Ttrend Crossunder

Magic Trend Strategy.lua

(14.88 KiB) Downloaded 1560 times

Version 2

Green
Open Long Position
Red
Open Short Position

Magic Trend Strategy.lua

(16.36 KiB) Downloaded 1169 times

The strategy requires the Trend magic indicator which can be found in this topic:
viewtopic.php?f=17&t=3144&start=0&hilit=magic+trend

[69zl1l88]

When I try to load this strategy I get an error:
[string "Magic Trend Strategy.lua"]:106: Please, download and install MAGIC TREND.lua indicator.
I'm guessing there's something else I need but don't see where to get it. I would appreciate a little help please....and thank you!

[sunshine]

Please download and install the trend magic indicator to be able to run the strategy:
viewtopic.php?f=17&t=3144&start=0&hilit=magic+trend

[filoo7]

Hi apprentice,

very interesting this indicator! but when the color changes the trade is not closed ...

possible to alternate open/close when the color changes?

thank's

[Apprentice]

It was not planned, it is possible to implement this as a option.

[Apprentice]

Just to be sure.
For Your algororitam, price action is not relevant.
Only Magic Trend Indicator Color change is.
Long on Green,
Short on Red

[filoo7]

exactly,

alternate open / close when the color change

red:
close long open short
green:
close short/open long

like this

[Apprentice]

Your request is added to the development list.

[Apprentice]

Please redownload and reinstall the Magic Trend indicator,
and then try the second version of strategy.

[filoo7]

good work! thank's