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HPotter
Jul 2, 2019 6:08 AM

Combo Strategy 123 Reversal & Bull And Bear Balance 

E-mini S&P 500 FuturesCME

Description

This is combo strategies for get a cumulative signal.

First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.

Second strategy
This new indicator analyzes the balance between bullish and
bearish sentiment.
One can cay that it is an improved analogue of Elder Ray indicator.
To get more information please see "Bull And Bear Balance Indicator"
by Vadim Gimelfarb.

WARNING:
- For purpose educate only
- This script to change bars colors.
Comments
shltiftv87
I was trying to use it. It did change the color of the bars like your example for the E-mini. Then all the bar color changes to blue. Any suggestion?
HPotter
@ltiftv, What kind of time frame do you use? If all bars is blue, then both strategy generate different signals. Try to change input parameters.
shltiftv87
@HPotter, thank you. It is working now as I am using (on 60 minutes chart) your code from 7/02/19 and 7/04/19. It must be some browser setting/cache issue causing the problem.
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