Hi folks!
Here I got the entry rules description for a strategy. Could you look at this and build something for me, plizzzz? This is long only and mean reversion strategy (that's why for long condition thay look for close below lower band).
I'd appreciate your help.
If we make input parameters instead of numbers, could we then optimize this strategy? Is Visual JForex capable of optimizing strategies?
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== Entry conditions
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LongEntryCondition = Close Below Bollinger Bands(20, 2, 0)
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== Entry orders
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-- Long entry
if LongEntryCondition is true {
if No position is open then Buy at EMA(67) + (-0.6 * ATR(56)) Stop;
Stop/Limit order expires after 54 bars.
Stop Loss = (0.73 * ATR(32)) pips;
All the best!
Bart S.