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Lower lows FTSE100 Daily

Updated: Jun 15, 2023

13 lines of code for the FTSE 100 index on the daily timeframe.



The code

defparam cumulateorders = false

entrycondition1 = low[1] < low[2] and low[1] < low[3] and low[1] < low[4] and low[1] < low[5] and low[1] < low[6]

entrycondition2 = close[0] < close[1] and (low[0] > low[1] or high[0] > high[1])

entrycondition3= close[0] < average[20]

IF entrycondition1 and entrycondition2 and entrycondition3 THEN
BUY 1 CONTRACTS AT MARKET
ENDIF

If LongOnMarket AND close[0] > close[1]THEN
SELL AT MARKET
ENDIF
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