The
LOCSignal-MACrossHILOProtect indicator is based on this logic:
For Long(Buy)
1. MA fast crosses MA slow from bottom to top
2. Current Price is 25pips or more lower than highest high of 100 bars.
For Short(Sell)
1. MA fast crosses MA slow from top to bottom
2. Current Price is 25pips or more higher than lowest low of 100 bars.
Default settings:
Slow MA: Simple moving average (SMA), Period:92, Price: Close
Fast MA: Exponential moving average (EMA), Period:13, Price: Close
Protection: +-25 pips from a pike formed by 100 bars.
Tested on EURUSD with LOCTrader EA v1.01
Starting Balance:
$300Period: 2010.01.01-2011.04.14
TF: 1H
Lot: Fixed 0.01
Profit:
$107.35