Trade FOREX with FXCM

  • Award-Winning Platform
  • 24/7 Customer Support
  • Trade Directly on Charts
  • Free $50K Practice Account
Trade Now
Register


Results 1 to 2 of 2

Thread: BREAKOUT STRATEGY TREND FILTER

  1. 04-20-2011, 08:19 PM #1
    mfoste1
    mfoste1 is offline Registered User
    Join Date
    Mar 2011
    Posts
    1

    BREAKOUT STRATEGY TREND FILTER

    Hello,

    I was just wondering if there is anyone out there that could add a parameter to this algorithm so that it would allow the option of choosing to let only long or only short positions be opened by the algo. I tried to do it a couple times myself, but I'm not that experienced with LUA language so I can't get it to work properly This is a very good strategy and it would just need this trend filter to make it extremely profitable in strong trending markets. Attached is the file.
    Attached Files Attached Files
    Reply With Quote Reply With Quote
  2. 04-22-2011, 03:15 AM #2
    Natalya
    Natalya is offline Member
    Join Date
    Apr 2009
    Posts
    744
    Hi,

    I've added the Allowed side parameter to the strategy parameters.

    Please download the strategy from this post:
    FXCodeBase.COM: Forex Chart Indicators and Development • View topic - Breakout Strategy
    Reply With Quote Reply With Quote
« Previous Thread | Next Thread »

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Forum Rules

Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.