CANDLESTICK PATTERN CNTD.

BUY{
SET C1 = REF(CLOSE,1);
SET C2 = REF(CLOSE,2);
SET C3 = REF(CLOSE,3);
SET O1 = REF(OPEN,1);
SET O2 = REF(OPEN,2);
SET O3 = REF(OPEN,3);
O3 > C3 AND O2 > C2 AND O1 > C1 AND CLOSE > OPEN AND CLOSE > MAX(HIGH,4);}

LONGEXIT{
CLOSE > REF(CLOSE,1) * 1.022;}

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CANDLESTICK PATTERN CNTD.

BUY{
SET PC3 = REF(CLOSE,3);
SET PC2 = REF(CLOSE,2);
SET PC1 = REF(CLOSE,1);
SET PO3 = REF(OPEN,3);
SET PO2 = REF(OPEN,2);
SET PO1 = REF(OPEN,1);
PC3 < PO3 AND PC2 > PO2 AND PC1 > PO1 AND PC1 > PO3;}

SELL{
SET PC3 = REF(CLOSE,3);
SET PC2 = REF(CLOSE,2);
SET PC1 = REF(CLOSE,1);
SET PO3 = REF(OPEN,3);
SET PO2 = REF(OPEN,2);
SET PO1 = REF(OPEN,1);
PC3 > PO3 AND PC2 < PO2 AND PC1 < PO1 AND PC1 < PO3;}

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CANDLESTICK PATTERN

 

BUY{
SET BODY = CLOSE-OPEN;
SET SHADOW = HIGH-CLOSE;
SHADOW > BODY * 3 AND CLOSE > OPEN AND BODY > 1.1;}

SELL{
SET BODY = OPEN-CLOSE;
SET SHADOW = HIGH-OPEN;
SHADOW > BODY * 3 AND CLOSE < OPEN AND BODY > 1.1;}

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Swing Trading

This strategy uses RSI and ADX combination to find Buy/Sell opportunities.

BUY : When EMA of 21 period crossed above of EMA of 50 period and Stochastic %K line crossed above 20 line and candlestick pattern is HAMMER.

SELL : When EMA of 21 period crossed above of EMA of 15 period and Stochastic %K line crossed above 80 line

BUY{
set ma1 = EMA(CLOSE,21);
set ma2 = EMA(CLOSE,50);
set sok = SOPK(9,3,9,SIMPLE);
ma1 > ma2 and CROSSOVER(sok,20) and CSP()=HAMMER;}

LONGEXIT{
set ma1 = EMA(CLOSE,15);
set ma2 = EMA(CLOSE,21);
set sok = SOPK(9,3,9,SIMPLE);
sok > 80 and ma1<ma2;}

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HEIKIN ASHI Candlesticks

Heikin Ashi candlesticks requires data from the previous candle, meaning they essentially build off one another. It is this chaining effect that gives a really unique view into the market.
The ‘Calculation’ for their construction is designed to creates a ‘smoothing’ effect – filtering out the irrelevant moves, while maintaining the display of the dominant price action.

BUY : When Current close crossed above EMA of 40 period and close is greater than open and also open = low.

SELL: When open = high and current open is greater than current close and EMA of 40 period is greater than current close.

[HEIKINASHI]
BUY{
OPEN = LOW and CLOSE > OPEN and CROSSOVER(CLOSE,EMA(CLOSE,40));}

LONGEXIT{
OPEN = HIGH and CLOSE < OPEN and EMA(CLOSE,40) > CLOSE;}

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CANDLESTICK PATTERNS Cntd.

Greek Language (GL) provides a simple, built-in function that can identify one of the two-dozen predefined candlestick patterns as mentioned below :

BUY{
CSP() =BULLISH_HAMMER;}

bullish hammer

SELL{
CSP() =BEARISH_BELT_HOLD;} 

BEARISH_BELT_HOLD

SELL{
CSP() =BULLISH_MATCHING_LOW;} 

BULLISH_MATCHING_LOW

CANDLESTICK PATTERNS

Greek Language (GL) provides a simple, built-in function that can identify one of the two dozen predefined candlestick patterns as mentioned below :

BUY{
CSP() =MORNING_STAR;}

LONGEXIT{
CSP() =EVENING_STAR;}

morningstar_eveningstar

Similarly,

SELL{
CSP() =HANGING_MAN;}
SELL{
CSP() =DARK_CLOUD_COVER;} 

darkcloudcover

SELL{
CSP() =BEARISH_ENGULFING_LINE;} 

Bearish Engulfing