noro

Noro's Price Channel Strategy v1.1

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The blue line is the middle of the price channel .

If to use color strategy

If there are 2 red candles in a row and a body of the last candle more than a half of an average body of a candle and a candle was closed over the line - to open long-position
If there are 2 green candles in a row and a body of the last candle more than a half of an average body of a candle and a candle was closed under lines - to open short-position

If use RSI strategy

If RSI-2 < 25% and a body of the last candle more than a half of an average body of a candle and a candle was closed over the line - to open long-position
If RSI-2 > 75% and a body of the last candle more than a half of an average body of a candle and a candle was closed under lines - to open short-position

Exit

If the candle green and a body of the last candle more than a half of an average body of a candle - to close long-position
If the candle red and a body of the last candle more than a half of an average body of a candle - to close short-position
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