I just came across this in Myfxbook:
http://www.myfxbook.com/community/tradi ... y/780807,1
It seems interesting and simple enough to code, using 3 indicators and clear, simple rules:
Look at the screenshot for more info.Indicators:
Triple MA, Williams % Range, OsMA
Buy Signal:
If price action breaks above the blue solid moving average line; and
Williams % Range moves above the –20 line; and
OsMA moves above the zero line.
Buy Exit Signal:
If price action breaks below the red dotted moving average line.
Sell Signal:
If price action breaks below the blue solid moving average line; and
Williams % Range moves below the –80 line; and
OsMA moves below the zero line.
Sell Exit Signal:
If price action breaks above the green dotted moving average line.
I'd love to give it a spin if anyone is interested in coding it.
Thanks,
b.