Chaloke System StrategyChaloke System Strategy
This is a trend indicator
Atr and 3 moving averages are used
Short 9-day moving average,Medium 15-day moving average,Calculated with a long 24-day moving average.
Atr period : 5
Sht,Mid,Lng calculation method is different
Buying Strategy
long = crossover(Sht,Mid) and close > Sht
Selling Strategy
short = crossunder(Sht, Lng ) or close < Lng
Buy should be done when the barcolor turns green
Sell should be done when barcolor is red
When the barcolor is black, there may be change.
