1-2-3 Reversal

Article/Author: Ulf Jensen
Description: This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183.

Signal 1-2-3 Reversal ELA Code:

[LegacyColorValue = TRUE];

{ 1-2-3 Reversal  }

{  This System was created from the Book "How I Tripled Ny Money
   In The Futures Market" by Ulf Jensen, Page 183.  }

VALUE1=@SlowK(9);
VALUE2=@SlowD(9);

CONDITION1=Close[2] < Close[1];
CONDITION2=Close > Close[1];
CONDITION3=VALUE1>VALUE1[1];
CONDITION4=VALUE2<50;
CONDITION5=Close[1]>Close[2];
CONDITION6=Close<Close[1];
CONDITION7=VALUE1<VALUE1[1];
CONDITION8=VALUE2>50;

IF CONDITION1 AND CONDITION2 AND CONDITION3 AND 
CONDITION4 THEN BUY NEXT BAR AT MARKET;
IF Condition5 and CONDITION6 AND CONDITION7 AND 
CONDITION8 Then Sell NEXT BAR AT Market;