This work based on Linear Weighted Moving average and price is applied to First indicators data.
|
|
Indicator |
Period |
Above/ below LWMA1 (100) |
Above/ below LWMA2(50) |
|
1 |
RSI |
100 |
up |
up |
|
2 |
Money flow index |
100 |
up |
--- |
|
3 |
On Balance volume |
|
up |
up |
|
4 |
Momentum |
100 |
up |
up |
When 8 indicators matches with existing 7 signals its need to take Buy/ Short position
Close option 1:
When Buy/ Short position created if 4 indicators opposite to the direction I need to close my position
Close option 2:
When Buy/ Short position created if 5 indicators opposite to the direction I need to close my position
it should work automatically in Robo