Chaloke System Strategy This is a trend indicator Atr and 3 moving averages are used Short 9-day moving average,Medium 15-day moving average,Calculated with a long 24-day moving average. Atr period : 5
Sht,Mid,Lng calculation method is different
Buying Strategy long = crossover(Sht,Mid) and close > Sht
Selling Strategy short = crossunder(Sht, Lng ) or close < Lng
Buy should be done when the barcolor turns green Sell should be done when barcolor is red When the barcolor is black, there may be change.