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1-2-3 Reversal [Strategies]

Article/Author: Ulf Jensen

Download: 1-2-3R.ela

File Includes:

Signal - 1-2-3 Reversal
Signal - Stop Loss (buid-in PowerEditor signal)
Signal - Profit Target (buid-in PowerEditor signal)

Category: Strategy > 1-2-3 Reversal

Description:

This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. . at market, close price 2 9 Stochastic Slow Oscillator 50. sell at market, close price 2 9 Stochastic Fast Oscillator 50.




Signal 1-2-3 Reversal ELA Code:
VALUE1=@SLOWK(9);

VALUE2=@SLOWD(9);

CONDITION1=CLOSE[2] < CLOSE[1];
CONDITION2=CLOSE > CLOSE[1];
CONDITION3=VALUE1>VALUE1[1];
CONDITION4=VALUE2<50;
CONDITION5=CLOSE[1]>CLOSE[2];
CONDITION6=CLOSE<CLOSE[1];
CONDITION7=VALUE1CONDITION8=VALUE2>50;

IF CONDITION1 AND CONDITION2 AND CONDITION3 AND CONDITION4 THEN BUY AT MARKET;
IF CONDITION5 AND CONDITION6 AND CONDITION7 AND CONDITION8 THEN SELL AT MARKET;


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