Thread: BW system

Hi Funyoo,
could you please code this proven-to-work Oscillator system?

Timeframe: D1
Pairs:

• Best: GBPUSD, EURJPY
• Also suitable: EURUSD, USDJPY, USDCAD, AUDUSD, NZDUSD

Indicators:

• Slope direction line (attached)
• Awesome oscillator
• Accelerator oscillator
• Stochastic (5,3,3)
• Parabolic (0.03, 0.2)

Entry long:

• AO is green
• AC is green
• Stochastic: blue over red, both heading up and both under 80
• Slope line: blue
• P SAR: below candle

Entry short:

• AO is red
• AC is red
• Stochastic: red over blue, both heading down, both above 20
• Slope line: red
• P SAR: above candle

Profit target (first part of the position):

• Long: (Close-low)/2
• Short: (High-close)/2

Profit target (second part of the position):

• EUR/USD 350 pips
• GBP/USD 400 pips
• EUR/JPY 600 pips

Stop-loss:

• P SAR value (move after every candle close)
• when first part of position is closed, the SL (of the second part of the position) is at break-even or on the P SAR value - whatever is closer to the market price
• if AO changes color, we move SL to 2 pips below/above H/L of the candle on which AO changed color

Thanks in advance,
Daffi