hi to all lovable traders,
hereby i want to share a combination of trade ideas for scalping
i've chosen hourly timeframe
indicators used: moving averages and rsi
moving averages:
ema 3, ema 5, ema 7
sma 3, sma 5, sma 7
daily_ema_3, daily_ema_5
daily_ema_5, daily_sma_5
rsi:
rsi 7, rsi 14, rsi 26
daily_rsi_7, daily_rsi_14, daily_rsi_26
as per the analysis over...
Code takes six pairs that are highly correlated to GBPNZD and determines if their ROC's are increasing or decreasing. If a pair has an increasing ROC it is given a 1, if decreasing a -1. The numbers are all added up (this is similar to a count for counting cards in blackjack). If the count goes positive the strategy enters a long position, if negative a short...