3-10 Oscillator Swing Trading System

Forums ProRealTime English forum ProOrder support 3-10 Oscillator Swing Trading System

  • This topic has 16 replies, 4 voices, and was last updated 1 year ago by avatarJS.
Viewing 15 posts - 1 through 15 (of 17 total)
  • #210706

    Good morning

    I would like to create this Backtesting on this Swing strategy:

    Long Entry Rules:

    ADX>30

    +DMI> -DMI

    the 3-10 oscillator must have at least 5 consecutive bearish days (the 3-10 oscillator is a difference between the 3-period simple moving average and the 10-period simple moving average)

    If the market closes above the open, buy long on the close.

    Exit rules:

    Exit on the close after 3 to 7 bars.

    Can you help me develop it?

    Thank you

     

    #210713

    Only post in the language of the forum that you are posting in. For example English only in the English speaking forums and French only in the French speaking forums

    Thanks 🙂

     

    1 user thanked author for this post.
    #210790

    You also used the wrong support forum, for strategies the correct one is the ProOrder support forum. I moved it.

    There you go:

     

    #210799

    Thanks a lot for your support and quick reply….sorry next time I will use the right support forum.

    Stefano

    1 user thanked author for this post.
    #211045

    Hello I don't get this rule 'Bearish = ( summation [ 5 ] (ind310 < 0 ) = 5 )' The rule is that the oscillator 3-10 must have 5 consecutive days 'down' for example (I modified ADX >25) . Jan 5 should have given me an entry signal: day 1 = 25 day 2 = 17 day 3 = 15 day 4 = 7 day 5 = -13 from the formula instead it doesn't give me any signal. See attachment Thank you

    #211090

    Only post in the language of the forum that you are posting in. For example English only in the English speaking forums and French only in the French speaking forums. I translated it using the translator, which doesn’t keep the original format.

    As to attached pics, image formats (mainly JPG, JPEG and PNG) are a better choice. PDF files should be used mainly for formatted documents.

    Thank you 🙂

    Anyway

    means that there must be 5 consecutive bars where the indicator 3-10 is below 0, i.e. in a bearish position as you asked (Sma3 below Sma10).

    Do you want to modify the conditions?

     

     

     

     

     

    #211096

    Sorry… and Thanks

    I didn’t want to change the rules, the rule is at least “5 consecutive down days“, maybe I didn’t clear mention before. I think that this doesn’t mean <0.

    As per attached example the condition for buy it was manually/visually checked on 5 Gen 2000, but the system given me a buy signal.

    I’ would like to understand the reason, maybe the indicator 3-10 is not below 0, but 5 consecutive down day of the 3-10 max or closing day?

    Appreciated your support.

    Thanks

    Stefano

     

    #211103

    Please post the  instrument, timeframe, date & time of an incorrect trade opened, so I can better check.

     

     

    #211110

    Here below the requested infromations:

    Instrument: Future CME e-mini S&P500 ticker ‘MESXXXX

    Timeframe: Daily

    Date: Dec. 28th 1999, ADX(14) = 26, 74 5 (S&P futures are not in a downtrend, +DI>-DI).

    The 3-10 oscillator drops for at least 5 consecutive days (Dec.28th 1999 = 3-10 Osc. = 26,97, Dec.29th =22,06, Dec.30th =17,59, Dec.31st =15,11, Jan.3rd=7,45, Jan4th= – 13,25).

    The S&P futures on Jan 5th close above its open. (close=1213,11, open=1211,61)

    An Oscillator Swing System buy signal should also triggered on the close of Jan.5th 2000

    Thanks

     

     

     

     

     

    #211131

    In both dates ADX < 30, how can a BUY be triggered?

     

    #211151

    Sorry

    As I said above, I changed the ADX>30 into ADX>25 and also I take out the condition +DMI>-DMI, no buy signal was given.

    DEFPARAM CumulateOrders = False
    myADX   = adx[14] > 25
    //myDMI   = DIplus[14](close) > DIminus[14](close)
    Sma3    = average[3,0](close)
    Sma10   = average[10,0](close)
    ind310  = Sma3 Sma10
    Bearish = (summation[5](ind310 < 0) = 5)
    IF myADX AND Bearish AND Not OnMarket AND (close > open) THEN
       BUY 1 CONTRACT AT MARKET
    ENDIF
    IF LongOnMarket AND ((BarIndex TradeIndex) >= 3) THEN   //exit after 3 bars  (change it to any positive value
       SELL AT MARKET
    ENDIF
    I think that there is something in the condition ‘Bearish = (summation[5](ind310 < 0) = 5)’ because ind310 to be down for 5 days and not less than zero.
    I will continue in searching…thanks.
    #211152

    works on the nasdaq M15

    #211153
    JS

    I think you can use this for Bearish:

    Bearish = Summation[5](ind310 < ind310[1]) = 5

    #211174

    Thanks a lot …it seems that is working.

    …appreciate your support and your patient…

    Stefano

     

    1 user thanked author for this post.
    avatar JS
    #211195

    @Jeki20

    In your first post asked “the 3-10 oscillator must have at least 5 consecutive bearish days (the 3-10 oscillator is a difference between the 3-period simple moving average and the 10-period simple moving average)“.

    To accopmplish that a negative difference is what you need, unless you changed your mind in the meantime.

    A single average less than the previous one doesn’t imply a downtrend.

     

     

     

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