Open Close Cross Strategy, WIP

FX:EURUSD   Euro / U.S. Dollar
2218 13 24
A little work in progress, nothing really new here, just "simple" open-close cross trend trading strategy.. but of course with a dash of my own flavour.

So it got less simple..

You can use simple open/close series crossover, or use your preferred brand of MA instead.
needs a lot more tweaking before I actually go ahead and publish the script, but still fairly functional as-is.

Feel free to make the chart your own and have a play!..at your own risk.. and stuff..

Comment: ** A little bit more description **

The strategy simply places an appropriate order in the direction of the crossover/under of the open and close.

You can choose an MA type (and associated inputs) to plot the open and close series, and thus refine refine control a bit, or you can choose to just use the straight up open and close series data with no modification.

Further refinement on profit, loss and draw-down can be achieved by using and adjusting the trailing stop value, and the offset.

This script really is a Work In Progress - I can't stress that enough - I need to get more live data in order to refine it, and try and fix issues when using alternative resolution to current chart(s).

For the moment, either un-check the option to use alternative resolution, or simply match it to your chart.
I have a Buy signal on one bar two bars later I have a Sell signal and on the 3rd bar both prior signals are no longer there (using 1 hr chart). Am I missing something here? Strategy backtest gives great results but hard to take 2 trades and at the third bar just to see them all gone from chart.
+3 Reply
Hi, Jay, do you have this code? thanks
Hi, great work... I can't figure out yet what's best time frame to use and what resolution to put on inputs?? Any suggestions??
Thanks again
+1 Reply
Hi Rogers,
It looks great! Can you adjust the alert function for sell/buy signals, which will be sent via SMS/Email to the receiver ? It would be then really helpful.
Thank you in advance and thank you very much for your hard works, it is really appreciated.


Does this repaint at all?
JayRogers Jacksonian
Yeah it does as it uses "floating" higher timeframe data.. you can still use it to make decisions though - just wait for a close of the higher frame and see where its likely to go.
Jacksonian JayRogers
Your basically a god, lol
May I ask you about the order size, how does it work?
JayRogers ForexButler
The order size is determined by you in the configuration under the "properties" tab. I've updated the post more description on usage, hope it helps
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