Google AppScripts PowerTrend Strategy
Budget: €8 – €30 EUR
there is a strategy and it is used in the stock market this strategy is called PowerTrend.
I will describe how it works. also to inform that all data needed are items calculated by me.
Power-Trend Turns ON
The 21 Day EMA is above the 50 Day MA for at least 5 consecutive days without an S9
Index closes up or flat for the day
The 50 Day MA is in an uptrend for at least 1 day.
The index low has been above the 21Day EMA for at least 10 consecutive Days.
Conditions that turn a Power-Trend to a Power-Trend Under Pressure
S2
S13
Conditions that turn a Power-Trend to a Power-Trend Under Pressure
S9
Conditions that re-set a Power-Trend from an Under Pressure condition
The conditions that turn ON a Power-Trend must be present, and
10 consecutive days must pass without an S2 MINOR LOW, an S9, an S13
Conditions that End Power-Trend
21 Day EMA crosses below 50 Day MA and index closes down for the day, or
S2 MAJOR LOW
Circuit Breaker
I will describe how it works. also to inform that all data needed are items calculated by me.
Power-Trend Turns ON
The 21 Day EMA is above the 50 Day MA for at least 5 consecutive days without an S9
Index closes up or flat for the day
The 50 Day MA is in an uptrend for at least 1 day.
The index low has been above the 21Day EMA for at least 10 consecutive Days.
Conditions that turn a Power-Trend to a Power-Trend Under Pressure
S2
S13
Conditions that turn a Power-Trend to a Power-Trend Under Pressure
S9
Conditions that re-set a Power-Trend from an Under Pressure condition
The conditions that turn ON a Power-Trend must be present, and
10 consecutive days must pass without an S2 MINOR LOW, an S9, an S13
Conditions that End Power-Trend
21 Day EMA crosses below 50 Day MA and index closes down for the day, or
S2 MAJOR LOW
Circuit Breaker