TS True Range Breakout

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Trading System "True Range Breakout"

Formula per Tradestation™:

INIZIO FORMULA

Type : Signal, Name : True Range Breakout
Input
:Period(20);

Condition1=range < Average(range,Period);

{LongEntry}
If Condition1 then Buy at Open of tomorrow + range Stop;

{ShortEntry}
If Condition1 then Sell at Open of tomorrow - range Stop;

FINE FORMULA

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