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Thread: BW system

  1. #1

    Default 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
    Last edited by daffi; 11-26-2011 at 19:08.

  2. #2

    Default

    daffi! don't forget the attachment!

  3. #3

    Default

    What do you mean?

  4. #4
    Junior Member
    Join Date
    May 2009
    Posts
    14

    Default

    What are the profit targets for USDJPY USDCAD AUDUSD and NZDUSD?

  5. #5
    Junior Member
    Join Date
    Dec 2010
    Posts
    13

    Default

    Daffi, you forgot to attach the Slope direction line indicator

  6. #6
    Member
    Join Date
    Jan 2009
    Location
    Germany
    Posts
    227

    Default

    Here are the SDL

  7. #7

    Default

    Yes, that's exactly the one.

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Tags for this Thread

color, eur/usd, eurusd, funyoo, gbpusd, high, indicator, indicators, oscillator, pairs, profit, stochastic, stop, system

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