Bull and Bear indicator testing of Another ATR trailing stop

• 09/25/2019 at 8:20 AM #108407
  soulintact

  Good morning,

  I am trying to create a Bull and Bear indicator test, based on Nicola’s recent indicator Another ATR trailing stop.

  My idea was to be able to check several indicators, instead of just ATR. In variable optimization you have to set aaa from 1001 to 1064.

  I receive no errors nor any changeable/meaningful results which is confusing. What am I missing in the code? Thanks!

  //PRC_Testing multiple indicators, //Based on "PRC_Another indicator trailing stop | indicator by //Nicolas @ www.prorealcode.com | 24.09.2019 //25.09.2019 //Indicators 10.3 if aaa = 1001 then aaaa=AccumDistr(close) elsif aaa = 1002 then aaaa=ADX[14] elsif aaa = 1003 then aaaa=ADXR[14] elsif aaa = 1004 then aaaa=AroonDown[14] elsif aaa = 1005 then aaaa=AroonUp[14] elsif aaa = 1006 then aaaa=AverageTrueRange[14](close) elsif aaa = 1007 then aaaa=BollingerBandWidth[20](close) elsif aaa = 1008 then aaaa=BollingerUp[20](close) elsif aaa = 1009 then aaaa=BollingerDown[20](close) elsif aaa = 1010 then aaaa=ChaikinOsc[3,10](close) elsif aaa = 1011 then aaaa=ChandeKrollStopUp[10, 20, 3] elsif aaa = 1012 then aaaa=ChandeKrollStopDown[10, 20, 3] elsif aaa = 1013 then aaaa=Chandle[20](close) elsif aaa = 1014 then aaaa=CCI[20](typicalPrice) elsif aaa = 1015 then aaaa=Cycle(close) elsif aaa = 1016 then aaaa=DEMA[21](close) elsif aaa = 1017 then aaaa=DI[14](close) elsif aaa = 1018 then aaaa=DIplus[14](close) elsif aaa = 1019 then aaaa=DIminus[14](close) elsif aaa = 1020 then aaaa=EaseOfMovement[14] elsif aaa = 1021 then aaaa=EMV elsif aaa = 1022 then aaaa=EndPointAverage[20](close) elsif aaa = 1023 then aaaa=ExponentialAverage[20](close) elsif aaa = 1024 then aaaa=ForceIndex(close) elsif aaa = 1025 then aaaa=HistoricVolatility[20](close) elsif aaa = 1026 then aaaa=LinearRegression[10](close) elsif aaa = 1027 then aaaa=LinearRegressionSlope[10](close) elsif aaa = 1028 then aaaa=MACDline[12,26,9](close) elsif aaa = 1029 then aaaa=MACD[12,26,9](close) elsif aaa = 1030 then aaaa=MassIndex[25] elsif aaa = 1031 then aaaa=Momentum[12](close) elsif aaa = 1032 then aaaa=MoneyFlow[21](close) elsif aaa = 1033 then aaaa=Average[20](close) elsif aaa = 1034 then aaaa=NegativeVolumeIndex(close) elsif aaa = 1035 then aaaa=OBV(close) elsif aaa = 1036 then aaaa=SAR[0.02,0.02,0.2] elsif aaa = 1037 then aaaa=PositiveVolumeIndex(close) elsif aaa = 1038 then aaaa=PriceOscillator[5,25](close) elsif aaa = 1039 then aaaa=PVT(close) elsif aaa = 1040 then aaaa=R2[10](close) elsif aaa = 1041 then aaaa=ROC[12](close) elsif aaa = 1042 then aaaa=RSI[14](close) elsif aaa = 1043 then aaaa=Repulse[5](close) elsif aaa = 1044 then aaaa=SARatdmf[0.02,0.02,0.2] elsif aaa = 1045 then aaaa=SmoothedStochastic[14,3](close) elsif aaa = 1046 then aaaa=STD[20](close) elsif aaa = 1047 then aaaa=STE[10](close) elsif aaa = 1048 then aaaa=AroonDown[14] elsif aaa = 1049 then aaaa=Stochastic[14,3](close) elsif aaa = 1050 then aaaa=SMI[14,3,5](close) elsif aaa = 1051 then aaaa=Supertrend[3,10] elsif aaa = 1052 then aaaa=TEMA[21](close) elsif aaa = 1053 then aaaa=TimeSeriesAverage[20](close) elsif aaa = 1054 then aaaa=TriangularAverage[20](close) elsif aaa = 1055 then aaaa=TRIX[15](close) elsif aaa = 1056 then aaaa=TR(close) elsif aaa = 1057 then aaaa=Variation(close) elsif aaa = 1058 then aaaa=Volatility[10,10] elsif aaa = 1059 then aaaa=VolumeOscillator[5,25] elsif aaa = 1060 then aaaa=VolumeROC[12] elsif aaa = 1061 then aaaa=WeightedAverage[20](close) elsif aaa = 1062 then aaaa=WilderAverage[20](close) elsif aaa = 1063 then aaaa=Williams[14](close) elsif aaa = 1064 then aaaa=WilliamsAccumDistr(close) //--------------------------------------------------------------------------------// //Modified PRC_Another ATR trailing stop | indicator //24.09.2019 //Nicolas @ www.prorealcode.com //Sharing ProRealTime knowledge // --- settings //p=14 //ATR period mult=2 //multiplier mode=1 //trailing stop mode (0=straight line // --- end of settings indicator = aaaa * mult once trend=1 if trend=1 then hh=max(hh,close) ll=hh if indicator<indicator[1] then hhlevel=hh-indicator if hhlevel>ts then ts=hhlevel endif endif r=0 //g=168 else ll=min(ll,close) hh=ll if indicator<indicator[1] then lllevel=ll+indicator if lllevel<ts then ts=lllevel endif endif r=255 //g=0 endif if close crosses over ts then trend=1 if mode>0 then ts=ll endif elsif close crosses under ts then trend=-1 if mode>0 then ts=hh endif endif BullScalp = (r[1]>0 and r=0) or trend=1 BearScalp = (r>0 and r[1]=0) or trend=-1 endif

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194

  //PRC_Testing multiple indicators, //Based on "PRC_Another indicator trailing stop | indicator by //Nicolas @ www.prorealcode.com  | 24.09.2019   //25.09.2019     //Indicators 10.3 if aaa = 1001 then aaaa=AccumDistr(close) elsif aaa = 1002 then aaaa=ADX[14] elsif aaa = 1003 then aaaa=ADXR[14] elsif aaa = 1004 then aaaa=AroonDown[14] elsif aaa = 1005 then aaaa=AroonUp[14] elsif aaa = 1006 then aaaa=AverageTrueRange[14](close) elsif aaa = 1007 then aaaa=BollingerBandWidth[20](close) elsif aaa = 1008 then aaaa=BollingerUp[20](close) elsif aaa = 1009 then aaaa=BollingerDown[20](close) elsif aaa = 1010 then aaaa=ChaikinOsc[3,10](close) elsif aaa = 1011 then aaaa=ChandeKrollStopUp[10, 20, 3] elsif aaa = 1012 then aaaa=ChandeKrollStopDown[10, 20, 3] elsif aaa = 1013 then aaaa=Chandle[20](close) elsif aaa = 1014 then aaaa=CCI[20](typicalPrice) elsif aaa = 1015 then aaaa=Cycle(close) elsif aaa = 1016 then aaaa=DEMA[21](close) elsif aaa = 1017 then aaaa=DI[14](close) elsif aaa = 1018 then aaaa=DIplus[14](close) elsif aaa = 1019 then aaaa=DIminus[14](close) elsif aaa = 1020 then aaaa=EaseOfMovement[14] elsif aaa = 1021 then aaaa=EMV elsif aaa = 1022 then aaaa=EndPointAverage[20](close) elsif aaa = 1023 then aaaa=ExponentialAverage[20](close) elsif aaa = 1024 then aaaa=ForceIndex(close) elsif aaa = 1025 then aaaa=HistoricVolatility[20](close) elsif aaa = 1026 then aaaa=LinearRegression[10](close) elsif aaa = 1027 then aaaa=LinearRegressionSlope[10](close) elsif aaa = 1028 then aaaa=MACDline[12,26,9](close) elsif aaa = 1029 then aaaa=MACD[12,26,9](close) elsif aaa = 1030 then aaaa=MassIndex[25] elsif aaa = 1031 then aaaa=Momentum[12](close) elsif aaa = 1032 then aaaa=MoneyFlow[21](close) elsif aaa = 1033 then aaaa=Average[20](close) elsif aaa = 1034 then aaaa=NegativeVolumeIndex(close) elsif aaa = 1035 then aaaa=OBV(close) elsif aaa = 1036 then aaaa=SAR[0.02,0.02,0.2] elsif aaa = 1037 then aaaa=PositiveVolumeIndex(close) elsif aaa = 1038 then aaaa=PriceOscillator[5,25](close) elsif aaa = 1039 then aaaa=PVT(close) elsif aaa = 1040 then aaaa=R2[10](close) elsif aaa = 1041 then aaaa=ROC[12](close) elsif aaa = 1042 then aaaa=RSI[14](close) elsif aaa = 1043 then aaaa=Repulse[5](close) elsif aaa = 1044 then aaaa=SARatdmf[0.02,0.02,0.2] elsif aaa = 1045 then aaaa=SmoothedStochastic[14,3](close) elsif aaa = 1046 then aaaa=STD[20](close) elsif aaa = 1047 then aaaa=STE[10](close) elsif aaa = 1048 then aaaa=AroonDown[14] elsif aaa = 1049 then aaaa=Stochastic[14,3](close) elsif aaa = 1050 then aaaa=SMI[14,3,5](close) elsif aaa = 1051 then aaaa=Supertrend[3,10] elsif aaa = 1052 then aaaa=TEMA[21](close) elsif aaa = 1053 then aaaa=TimeSeriesAverage[20](close) elsif aaa = 1054 then aaaa=TriangularAverage[20](close) elsif aaa = 1055 then aaaa=TRIX[15](close) elsif aaa = 1056 then aaaa=TR(close) elsif aaa = 1057 then aaaa=Variation(close) elsif aaa = 1058 then aaaa=Volatility[10,10] elsif aaa = 1059 then aaaa=VolumeOscillator[5,25] elsif aaa = 1060 then aaaa=VolumeROC[12] elsif aaa = 1061 then aaaa=WeightedAverage[20](close) elsif aaa = 1062 then aaaa=WilderAverage[20](close) elsif aaa = 1063 then aaaa=Williams[14](close) elsif aaa = 1064 then aaaa=WilliamsAccumDistr(close)     //--------------------------------------------------------------------------------//   //Modified PRC_Another ATR trailing stop | indicator //24.09.2019 //Nicolas @ www.prorealcode.com //Sharing ProRealTime knowledge   // --- settings //p=14 //ATR period mult=2 //multiplier mode=1 //trailing stop mode (0=straight line // --- end of settings   indicator = aaaa * mult   once trend=1   if trend=1 then hh=max(hh,close) ll=hh if indicator<indicator[1] then hhlevel=hh-indicator if hhlevel>ts then ts=hhlevel endif endif r=0 //g=168 else ll=min(ll,close) hh=ll if indicator<indicator[1] then lllevel=ll+indicator if lllevel<ts then ts=lllevel endif endif r=255 //g=0 endif   if close crosses over ts then trend=1 if mode>0 then ts=ll endif elsif close crosses under ts then trend=-1 if mode>0 then ts=hh endif endif     BullScalp = (r[1]>0 and r=0) or trend=1 BearScalp = (r>0 and r[1]=0) or trend=-1 endif

   

   

   

   

  

  soulintact

  Participant

  Topics: 14

  Replies: 41

  Been thanked: 2 times
  09/25/2019 at 8:49 AM #108410
  Nicolas

  You are building an indicator that doesn’t fit on price.

  The original indicator is a trailing stop line computed with the price +/- ATR values (which is a price value), while you try to make a line with price +/- RSI value?! , that doesn’t make sense, since RSI is a normalized oscillator (a value between 0 to 100%).. and the problem is the same with almost all other indicator you tried.

  So, starting from your idea, you have 2 options:

  1. make a price indicator with indicator that reflect price values (such as STD, STE, ..)
  2. make a similar trailing stop indicator but adapted on oscillator: instead of the price  value, use the oscillator one (but that should make some adaptation of the initial code)..

  1 user thanked author for this post.

  soulintact

  

  Nicolas

  Keymaster

  Topics: 83

  Replies: 20899

  Been thanked: 4868 times
  09/25/2019 at 8:57 AM #108412
  soulintact

  Thanks Nicola for your prompt reply!

  No wonder… A bit too much Abracadabra from my part.

  As you suggested, making a similar trailing stop indicator but adapted on oscillator: instead of the price  value, seems to be a great idea.

  I have no idea how to do that, but I will dive in to it. If someone gets impatient, please join with some code suggestions, thanks!

  

  soulintact

  Participant

  Topics: 14

  Replies: 41

  Been thanked: 2 times
• Author
  Posts