/*No earning report next 7 days and S&P 500 > 20EMA:*/

/*Long BMR Entry

1. S&P must be > 20EMA
2. Bullish pin outside or cutting lower BB
3. Pin bar at lowest 6 month low
4. Bullish divergence on MacD
5. At least 1R away from 20EMA, 2R from 50MA
6. Volume > 150,000*/

/*Higher Probability - better R when :

1. Recent swing low taken out
2. 5 or more bearish candle before entry, must be a steep decline prior to entry
for this to bound harder.
3. Fibonaccic support */

/*Placing Orders for Long BMR

1. Entry: Buy stop limit order 1-10 cents above Bullish pin
2. Stop Loss: Sell stop order 1-10 cents below Bullish pin
3. The Distance between Entry and stop loss is 1R. There should be at least a 1R
distance to the 20EMA
4. Target price: Sell Limit placed 2R above entry price
5. The target price should be below the 50MA

Trade Management & Exit Rules for Long BMR

1. Shift the stop loss order to the entry price once price moves 1R in your favour
and/or hits the 20EMA
2. Subsequently, move stops to swing lows.

set{dayrange,high-low}
set{handle,open-low}
set{body,high-open}
set{percentagehandle,handle/dayrange}
set{percentagebody,body/dayrange}

and percentagehandle is more than 0.6

and close is above open

and low below Lower Bollinger Band(20,2)

and low reached a new 26 week low
and price above 2

draw MACD (12,26,9)

draw Stochastic %K(5,3,3)
draw RSI(10)

Average Volume(60) more than 150000

draw ema(20)
draw ma(50)

set{risk,high-low}
set{atr,Average True Range(14)}
set{percentagerisk,risk/atr}

and percentagerisk is less than 1.5

add column Average True Range(60)

add column percentagerisk