Power Language for Multichart

Discussion in 'Automated Trading' started by obamapips, Aug 9, 2011.

  1. Hi Traders,

    I'm IT novice, can someone help me to convert this strategy into Power Language to apply in Multichart.

    Timeframe : 5 min
    Indicator : Stochastic Slow 5,3,3

    if 5 min candle close with Stochastic cross up, "Long" at next candle open.

    if 5 min candle close with Stochastic cross down, "Short" at next candle open.

    Take Profit when price +8pips and Stop Loss when price -8pips


    Thank you in advance. :) :) :)

    obamapips