backtest error using Pivots

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01/13/2020 at 5:45 PM #116672 quote
ullle73
Participant

Senior
Hi, im using this code to take the crossover/under R1/S1-pivots. Using standard setting (High + Low + Close)/3.

But if you look at the attached picture, you can see it takes a pos waaaay before even reaching the R1.

Anyone know why?
```
// Definition of code parameters
DEFPARAM CumulateOrders = False // Cumulating positions deactivated

// Conditions to enter long positions
indicator1 = 2*((DHigh(1) + DLow(1) + DClose(1))/3) - DLow(1)
c1 = (close CROSSES OVER indicator1)

IF c1 THEN
BUY 1 CONTRACT AT MARKET
ENDIF

// Conditions to enter short positions
indicator2 = 2*((DHigh(1) + DLow(1) + DClose(1))/3) - DHigh(1)
c2 = (close CROSSES UNDER indicator2)

IF c2 THEN
SELLSHORT 1 CONTRACT AT MARKET
ENDIF

// Stops and targets
SET STOP pLOSS 9
SET TARGET pPROFIT 12
```
01/13/2020 at 6:02 PM #116676 quote

GraHal
Participant

Master

No Image attached

01/13/2020 at 6:17 PM #116678 quote

ullle73
Participant

Senior

pic

Capture-3.jpg

01/13/2020 at 6:18 PM #116680 quote

ullle73
Participant

Senior

weird how i attached it two times without it showing, well there it is 🙂

01/13/2020 at 8:03 PM #116686 quote

GraHal
Participant

Master

Have you tried using Cursor Details to analyse / compare price levels and Indicator Levels?

It appears to be entering trades correctly (Close is > Indicator 1) … see the re arrow heads on attached.

Ull.jpg

01/13/2020 at 8:08 PM #116688 quote

GraHal
Participant

Master

Here’s a Short … all looks good??

Ull-2.jpg

01/14/2020 at 12:05 AM #116706 quote

ullle73
Participant

Senior

well, yes, some trades it gets right, but look at my picture, you can see it takes the trade way off the line? not even close to the line

01/14/2020 at 8:21 AM #116722 quote

Vonasi
Moderator

Master

Use GRAPH to plot the value of your pivot calculation to compare with that of the indicator on your chart.

I note that you posted on a Monday so your strategy pivot calculation will be using the Sunday data for its calculation which will mean that the lines are very close together. Perhaps the indicator on the chart is using Friday data?

01/14/2020 at 8:26 AM #116723 quote

Nicolas
Keymaster

Master

Sunday data or not (as Vonasi said). Custom trading hours on your chart? OHLC instruction with a “D” (Dclose, Dlow, ..) use real (official) and standard market hours for the instrument, not the custom ones displayed on your chart.
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