Strategy is based on the "SIMPLE and PROFITABLE Forex Scalping Strategy" taken from YouTube channel ForexSignals TV.
See video for a detailed explaination of the whole strategy.
I'm not entirely happy with the performance of this strategy yet however I do believe it has potential as the concept makes a lot of sense.
I'm open to any ideas people have on how it...
6 SMA&look back 20SMA strategy
The moving average is calculated based on historical prices and is a backward indicator,Unable to forcast future prices.
But the moving average still represents the price trend, so we can forcast by moving average.
Each point of the 20-day SMA is calculated based on the closing price of the past 20 days.
Therefore, we can know that...
The Donchian Channel was developed by Richard Donchian and it could be compared
to the Bollinger Bands. When it comes to volatility analysis, the Donchian Channel
Width was created in the same way as the Bollinger Bandwidth technical indicator was.
You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change...
