RAS ID: 32977 "xxxforex4"
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Signal Description
Generated Description
Opening (Entry Signal)
Open a new long position or add to an existing position 11 pips above the previous bar close price when the following logic condition is satisfied:
the BBP MA Oscillator* (Simple, Smoothed, 79, 62) is higher than the zero line.
Open a new short position or add to an existing position 11 pips below the previous bar close price when the following logic condition is satisfied:
the BBP MA Oscillator* (Simple, Smoothed, 79, 62) is lower than the zero line.
Closing (Exit Signal)
Close an existing long position at the end of the bar when the following logic condition is satisfied:
the Moving Average of Oscillator (Weighted, Close, Exponential, 174, 104, 164) falls.
Close an existing short position at the end of the bar when the following logic condition is satisfied:
the Moving Average of Oscillator (Weighted, Close, Exponential, 174, 104, 164) rises.
Handling of Additional Entry Signals
Entry signal in the direction of the present position:
Add to the position regardless whether it is at a profit or loss. Do not exceed the maximum allowed number of lots to open.
Entry signal in the opposite direction:
No modification of the present position is allowed. Cancel any additional orders, which are in the opposite direction.
Trading Size
Always trade a constant number of lots.
Opening of a new position - 0.01 lots.
Adding to a position - 0.01 lots. Do not open more than 20 lots.
Permanent Protection
The strategy doesn't use a Permanent Stop Loss.
The strategy doesn't use a Permanent Take Profit.
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