Hi afl experts, Can some kind person give me a code to match the following conditions please THANKS IN ADVANCE
6 RULES Trading based on 30 minute bars 1) The first 30-minute bar opens and closes. Obviously, a high and low are established in that 30-minute bar. 2) The second 30-minute bar opens and makes a new high at least 0.50 points higher than the first 30-minute bar's high, and it doesn't make a new low. Now we have a chance of one-time framing up, but it's not for sure yet. 3) If the third 30-minute bar opens and the low does not get more than 1.00 point below the previous 30-minute bar's low, then we know we are one-time framing up, and I would look to get long as close to where the market will stop one-time framing up. (In other words, I will try to get long as close to the low of the previous 30-minute bar. See important definition below.) You'll want your sell stop more than 1.00 point below the previous 30-minute bar's low. Important: This bar does not have to make a new high to be one-time framing up! 4) The fourth 30-minute bar opens, and the low of this bar does not get more than 1.00 point below the previous 30-minute bar's low. The market is continuing to one-time frame up and the uptrend is continuing. And now I can move my sell stop up to 1.00 point below the low of the previous 30-minute bar to protect my profits. Important: This bar does not have to make a new high to be one-time framing up! 5) The fifth 30-minute bar opens, and the low of this bar does not get more than 1.00 point below the previous 30-minute bar's low. The market is continuing to one-time frame up, and the uptrend is continuing. And now I can move my sell stop up to 1.00 point below the low of the previous 30-minute bar to protect my profits. 6) The sixth 30-minute bar opens and finally gets more than 1.00 point below the previous 30-minute bar's low. The market has now stopped one-time framing up, and the uptrend is most likely over. Important Definition Stop One-Time Framing Up: when the market gets more than 1.00 points below the previous 30-minute bar's low. There is now a good chance the uptrend is over, and the market will become a two-way market. That does not mean you should immediately get short! It means that the market may begin to trade back and forth.
