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
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:
- make a price indicator with indicator that reflect price values (such as STD, STE, ..)
- 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)..
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!
