1-2-3 Reversal

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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.

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Signal 1-2-3 Reversal ELA Code:

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=VALUE1CONDITION8=VALUE2>50;



IF CONDITION1 AND CONDITION2 AND CONDITION3 AND CONDITION4 THEN BUY AT MARKET;

IF CONDITION5 AND CONDITION6 AND CONDITION7 AND CONDITION8 THEN SELL AT MARKET;

Download: 1-2-3R.ela

File Includes:
Signal - 1-2-3 Reversal
Signal - Stop Loss (buid-in PowerEditor signal)
Signal - Profit Target (buid-in PowerEditor signal)