XdaysYdaysEA

[scalpmaster]

Came across a video that showed good backtest results when buying/selling majors fx pairs after 6 consecutive closed up/down days and exit based on same rule.

Can a simple EA be created to verify this?

i.e. Enter Long/Short on closed after X consecutive days of daily bar closed higher/Lower

Exit after Y consecutive days of daily bar closed lower/higher.

[maybe]

Can you link me to the video? I don't quite understand the system. Is it just you want to buy when the price closes higher everyday for the last 6 days? Wouldn't you be better off waiting until a resistance is hit and trading against the trend? I can't see a system working that enters the trend so late, but I'll make a bot if you specify.

[scalpmaster]

This is a longer term trend approach in order to capture bigger trends such as euraud, eurcad that last nearly a quarter so waiting for a few days to a week close higher for trend confirmation is ok. X days, Y days are flexible user inputs so you can test other variables even if the video(somewhere) is not correct..

[greentrader]

This is a longer term trend approach in order to capture bigger trends such as euraud, eurcad that last nearly a quarter so waiting for a few days to a week close higher for trend confirmation is ok. X days, Y days are flexible user inputs so you can test other variables even if the video(somewhere) is not correct..

 

Can you proved a link to the video?

[scalpmaster]

Can you proved a link to the video?

 

Video deleted. If anyone can code it, it can be verified.