Are you looking to enhance your trading strategy? The Ryan Jones SM method provides clear signals on when to buy and sell, marked by arrows on your chart. It’s a straightforward approach: if there’s a trend, you’re in for profits; if not, well, you might want to hold back.
Input Parameters:
externint ParY=3; //"Y" parameterexternint ParX=20;//"X" parameter
Trading Rules:
The beauty of this method lies in its simplicity. Here’s how it works:
Buy Signals:
- The average closing price over the last X days should be higher than the average of the past Y days.
- The current close price needs to be lower than the closing price from Y days ago.
- The current close price should exceed the closing price from Y + X days ago.
Sell Signals:
- The average closing price over the last X days should be lower than the average of the past Y days.
- The current close price needs to be higher than the closing price from Y days ago.
- The current close price should fall below the closing price from Y + X days ago.
For example, let’s say X = 20 and Y = 3:
Ryan_Jones_SM
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