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ADX+BB %B+AO+EMA Strategy [PineMyths] #2

5 411
Indicator List
  • ADX (14,14)
  • Bollinger Bands %B (20,close,2) 
  • Awesome Oscillator
  • EMA(5), EMA(21), EMA(50), EMA(200)


Strategy Rules and Conditions
LONG Side
  • EMA(5) > EMA(21)
  • EMA(50) > EMA(200)
  • BB %B > 0.75
  • ADX > 15
  • Awesome Oscillator > 2

SHORT Side
  • EMA(5) < EMA(21)
  • EMA(50) < EMA(200)
  • BB %B < 0.25
  • ADX > 15
  • Awesome Oscillator < -2


Stop: Fixed %2
Take Profit: Fixed %1

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