OH Larry is a compilation of Larry Conner's most successful mean reversion strategies rolled into one EA. You can use them all or mix and match.
These strategies include:
Larry Conners Double 7
Larry Conners Bollinger %
Larry Conners RSI2
Larry Conners 2555
These strategies are most effective when used in longer time frames H4-D1 as well as ETFs and Indices.
They can easily be configured to run on Forex as well.
Larry Conner's strategies do not include stop losses, but I added functionality to add a take profit, stop loss and trailing stop for better money management.
I have also included a exits section so you can combine exit strategies with different entry strategies.
Extra features Include:
Risk level or fixed lot money management
Days and times for entry.
ORIGIONAL RULES
Double 7
These strategies include:
Larry Conners Double 7
Larry Conners Bollinger %
Larry Conners RSI2
Larry Conners 2555
These strategies are most effective when used in longer time frames H4-D1 as well as ETFs and Indices.
They can easily be configured to run on Forex as well.
Larry Conner's strategies do not include stop losses, but I added functionality to add a take profit, stop loss and trailing stop for better money management.
I have also included a exits section so you can combine exit strategies with different entry strategies.
Extra features Include:
Risk level or fixed lot money management
Days and times for entry.
ORIGIONAL RULES
Double 7
- The close must be above the 200-day moving average.
- The close must be at a seven-day low.
- If 1, 2 and 3 are true, you can go for it at the end.
- You can sell when you see the seven-day closing price (sell at close).
- Close must exceed the 200-day mean.
- The %b should not exceed 0.2
- Buy on the close if 1 and 2 hold true.
- When the %b is above 0.8, exit.
- The close must be above the 200-day average.
- The 4-day RSI must be below 25.
- When the 4-day RSI is above 55, exit.
- Close must not be below the 200-day moving mean.
- Today's 2-day RSI reading is below 10.
- If the above is true, you can enter today's closing.
- Exit on today's close if the 2-day RSI is above 70.