(1 second trading strategy) Compete with the robots

murit89 · 2020-07-01T14:53:42+00:00

st1=high-close st2=low-close return st1 coloured (255,0,0,255), st2 coloured (0,255,0,255) this can be applied to chart to create support/resistance points of true high/lows or used alone as an indicator to show divergence st1=(low+close+high)[50] st2=(low+close+high)[200] return st1 as "50", st2 as "200" this can be used as a standard alone indicator to show divergence in the trend or applied to the chart to show support/resistance of the true 50/200 day averages

Viewing 5 posts - 1 through 5 (of 5 total)

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07/01/2020 at 3:53 PM #137415 quote
murit89
Participant

Junior
```
st1=high-close
st2=low-close
return st1 coloured (255,0,0,255), st2 coloured (0,255,0,255)
```
this can be applied to chart to create support/resistance points of true high/lows or used alone as an indicator to show divergence
```
st1=(low+close+high)[50]
st2=(low+close+high)[200]
return st1 as "50", st2 as "200"
```
this can be used as a standard alone indicator to show divergence in the trend or applied to the chart to show support/resistance of the true 50/200 day averages

strategy-159336042984plc.png strategy-159336042984plc1.png
09/28/2020 at 11:32 AM #145656 quote

robertogozzi
Moderator

Legend

I don’t use such fast TF’s, but I think they can be useful in greater TF’s , as well.

Thanks for sharing you code and ideas 🙂

09/29/2020 at 8:10 AM #145806 quote

Nicolas
Keymaster

Legend

The st1 and st2 variables are not averages, but the values from 50 and 200 bars ago.

02/05/2021 at 11:35 PM #160498 quote

Bob Harris
Participant

Average

Hi,

I used the code and it gives exactly the same results as illustrated in your screen captures, what I don’t understand (and please forgive my ignorance) is how this can be used as part of a trading strategy, am I missing something?

Best regards

Capture-4.jpg

02/06/2021 at 8:52 AM #160506 quote
Vonasi
Moderator

Master
Also if you are adding it to a 1 second chart you need to add a TIMEFRAME instruction to get the daily 50 and 200 day averages. I also changed it to add AVERAGE.
```
timeframe(daily)

st = (low+close+high)

st1 = average[50](st)
st2 = average[200](st)

return st1 as "50", st2 as "200"
```
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