1) Google for "Indicator Momentum" and "Indicator Moving Average" to learn the meaning of both indicators to understand the strategy..
2) iMomentum(NULL,0,0,PRICE_CLOSE,0) does not work: Period =0? (not _Period)
xaggx: Please help me interpret this strategy.
Excuse me? You just posted a buy/sell rule. "When buy and when sell?" When the rule says. There is nothing to interpret.
Open buy rule: ((iMomentum(NULL,0,+1,PRICE_CLOSE,0)<iMomentum(NULL,0,0,PRICE_CLOSE,0))&&(iMA(NULL,0,1,1,MODE_SMA,PRICE_TYPICAL,0)<iMA(NULL,0,1,0,MODE_EMA,PRICE_CLOSE,0)))
Open sell rule: ((iMA(NULL,0,1,1,MODE_SMA,PRICE_TYPICAL,0)>iMA(NULL,0,3,0,MODE_EMA,PRICE_CLOSE,0)))
When buy and when sell?
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Please help me interpret this strategy.
Open buy rule: ((iMomentum(NULL,0,+1,PRICE_CLOSE,0)<iMomentum(NULL,0,0,PRICE_CLOSE,0))&&(iMA(NULL,0,1,1,MODE_SMA,PRICE_TYPICAL,0)<iMA(NULL,0,1,0,MODE_EMA,PRICE_CLOSE,0)))
Open sell rule: ((iMA(NULL,0,1,1,MODE_SMA,PRICE_TYPICAL,0)>iMA(NULL,0,3,0,MODE_EMA,PRICE_CLOSE,0)))
When buy and when sell?