Article/Author: Omega research Inc., 1997

Download: ATLANTA SYSTEM.ela

File Includes: Signal - Atlanta System

Category: Strategy > Atlanta System

Description:

Signal ELA Code:

IF CLOSE > AVERAGE(CLOSE,200) THEN

BEGIN

	VALUE1 = HIGHEST(HIGH,20);

	VALUE2 = LOWEST(LOW,20);

	IF RSI(CLOSE,14) < 20 THEN

	    BEGIN

	         VALUE1 = HIGHEST(HIGH,5);

	          VALUE2 = LOWEST(LOW,5);

	     END;

BUY NEXT BAR AT VALUE1 STOP;

EXITLONG NEXT BAR AT VALUE2 STOP;

END;