
3 Period Max/median/min Strategy for Short Term Trading
rokasltu Posted 1 Apr. in #Short Term #3 Period #Max/median/minIn my previous publications of 3 period max/median/min strategy basic principles of strategy were covered and some trades based on outcome of mentioned strategy calculations were entered. In my last publication I described automation of strategy for calculation of all required variables for evaluation of entering of trades and take profit and stop loss levels.
All previous publications were dedicated for strategy use in long term trading cases but after I received proposals to load strategy to strategy contest I decided to adopt same principles for short term trading. Mentioned adoption is topic of this publication.
It should be noted that strategy is under development and is not suitable for real trades.
2. Required changes
In previous publication 3 different time periods were used - 10 years, 2 years and 9 months. In order to enter trades more frequently shorter periods for analysis should be chosen. Thus I replaced mentioned periods with another periods - 10 days, 2 days and 9 hours. All calculation logic remained the same and no changes in already developed algorithm were needed except of parameter which were related with numbers of candles in specific period and su…