Description
A combination of Relative Strength Index, Bollinger Bands and Moving Averages.
Strategy:
Buy: The Price line is above the Signal line and above the middle Bollinger Band line.
Sell: The Signal line is above the Price line and middle Bollinger Band line.
The Bollinger Bands show the strength and direction of the trend.
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fzlogic
Joined on 06.08.2012
- Distribution: Free
- Language: C#
- Trading platform: cTrader Automate
- File name: Traders Dynamic Index.algo
- Rating: 0
- Installs: 10998
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Comments
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IR
Is it possible to amend the code to let the user choose the timeframe?
This is wrong. Signal should be applied on _price.Result not _rsi.Result. Deviation should be double not int and value should be 1.619.