Hi,
I was trying to create an easy P&F strategy. However I am having some problems with it.
Maybe someone can help me with this one:
Long trades are only allowed if the trend is bullish (45 degree), same for shorts in a bearish trend.
Go Long if the X of the current column is higher than the highest X of the last X column.
Shorts are analogue on the downside.
Thanks for any help,
dansmo
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no one any hints and comments?
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If I'm not mistaken, this is precisely the "Point & Figure (PnF) Basic" Strategy included in the installation.
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I did not expect that, so I did not have a deeper look into the Basic Strategy. I will do this now and get back with questions, if any.
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Long side looking good at first sight. However there are no short trades in this Basic Strategy.
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You're right, it's long only. Just add the reverse logic, it should be pretty straightforward.
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