Ultimate Algorithmic Trading System

If position is short
Take Profit: If close < entry price − 1 ATR BuyToCover MOC
Protective Stop: If close > entry price + 3 ATR BuyToCover MOC
Welles Wilders RSI Failure Swing System p–code
rsiVal = RSI(C,14)
If rsiVal[1] > rsiVal and rsiVal[1] > rsiVal[2] then
rsiPvtHiFound = true
rsiPvtHiVal = rsiVal[1]
else
rsiPvtHiFound = False
If rsiVal[1] < rsiVal and rsiVal[1] < rsiVal[2] then
rsiPvtLoFound = true
rsiPvtLoVal = rsiVal[1]
else
rsiPvtLoFound = False
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If state = 0 then
if rsiPvtHiFound = true and rsiPvtHiVal > 70 then
state = 1
STOCHASTICS AND AVERAGES AND RSI! OH, MY!
If state = 1 then
state1Val = rsiPvtHiVal
if rsiVal > state1Val then state = 0
if rsiPvtLoFound = true then
state = 2;
If state = 2 then
state2Val = rsiPvtLoVal
if rsiVal > state1Val then state = 0
if rsiPvtHiFound = true then
if rsiPvtHiVal < 70 then state = 3
If state = 3 then
if rsiVal < state2Val then state = 4
If state = 4 then
sellShort this bar on close
state = 0;
If state > 0 and rsiVal < 30 then state = 0
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