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Atlanta System

Article/Author: Omega research Inc., 1997

Download: ATLANTA SYSTEM.ela

File Includes: Signal - Atlanta System

Category: Strategy > Atlanta System

Description:

Signal ELA Code:
IF CLOSE > AVERAGE(CLOSE,200) THEN

BEGIN
VALUE1 = HIGHEST(HIGH,20);
VALUE2 = LOWEST(LOW,20);
IF RSI(CLOSE,14) < 20 THEN
BEGIN
VALUE1 = HIGHEST(HIGH,5);
VALUE2 = LOWEST(LOW,5);
END;
BUY NEXT BAR AT VALUE1 STOP;
EXITLONG NEXT BAR AT VALUE2 STOP;
END;