The Elite Circle - strategy for "Congestion Box For Range Bars" indicator
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strategy for "Congestion Box For Range Bars" indicator 5 *
On this site, someone posted a "Congestion Box For Range Bars" indicator. The attached is a strategy that takes signals based on the congestion box concept, but slightly different in that this strat takes a trade long or short on the bar immediately following the last bar in the congestion box. Currently, the strat is coded so that it runs on currency futures (6A, 6E, etc.) or crude futures (CL). You'd have to adjust the breakeven, stop and profit targets by multiplying by 10, I believe, to run on spot fx.

good luck.


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October 27th, 2012
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