Buy at fixed values during price declines

• 10/23/2021 at 10:54 AM #180221
  JohnScher

  Buy at fixed values during price declines

  Introduction
  Starting from the all-time high of a stock, I want to buy with a StopBuy when the price has fallen below the all-time high minus 5% at the end of the day. The StopBuy should be exactly at the all-time high minus this 5%.
  The Stoploss should be when the daily close is below the all-time high minus 10%.
  The takeprofit should be at the daily close above the all-time high.
  Screenshot1

  Buy on price declines
  If the share falls further below 10% since the all-time high per daily close, I want to buy per StopBuy at all-time high minus 10%. The stoploss should be at all-time high minus 15%, the takeprofit at all-time high minus 5%.
  If the share falls below 15% from the all-time high per day close, I want to buy with StopBuy at all-time high minus 15%. Stoploss at minus 20%, takeprofit at 15%.
  screenshot2

  If the share continues to fall
  Is bought each time after a multiple of 5% (or n%) by StopBuy, SL TP are -n%. or +n%.

  The share recovers.
  Will continue to buy by stopbuy at a multiple of n%. SL and TP remain at this multiple -n% and +n% respectively.

  If the share returns to the all-time high after the close of the day, it is bought by StopBuy at the all-time high. SL TP again the corresponding -n% +n%.
  screenshot3

  If a new all-time high is created, the old all-time high is replaced by the new all-time high.

  Can someone press this into a code? I’m sorry, I completely lack the means.
  But it smells like good backtest results, especially with the ever-rising indices like Dow and S&P.

  Can you help?

  Translated with http://www.DeepL.com/Translator (free version)

  

  JohnScher

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  10/23/2021 at 10:57 AM #180224
  JohnScher

  Correction and Screensot 2

  Buy at fixed values during price declines

  Introduction
  Starting from the all-time high of a stock, I want to buy with a StopBuy when the price has fallen below the all-time high minus 5% at the end of the day. The StopBuy should be exactly at the all time high minus this 5%.
  The Stoploss should be when the daily close is below the all-time high minus 10%.
  The takeprofit should be when the daily close is above the all-time high.
  Screenshot1

  Buy on price declines
  If the share price falls further below 10% since the all-time high per daily close, I want to buy with StopBuy at all-time high minus 10%. The stoploss should be at all time high minus 15%, the takeprofit at all time high minus 5%.
  If the share falls below 15% from the all-time high at the end of the day, I want to buy with StopBuy at the all-time high minus 15%. Stoploss at minus 20%, takeprofit at 10%. (here the correkt 10 instead 15)
  screenshot2

  If the share continues to fall
  Is bought each time after a multiple of 5% (or n%) by StopBuy, SL TP are -n%. or +n%.

  The share recovers.
  Will continue to buy by stopbuy at a multiple of n%. SL and TP remain at this multiple -n% and +n% respectively.

  If the share returns to the all-time high after the close of the day, is bought by StopBuy at the all-time high. SL TP again the corresponding -n% +n%.
  screenshot3

  If a new all-time high is created, the old all-time high is replaced by the new all-time high.

  Can someone squeeze this into a code? I’m sorry, I’m completely out of resources.
  However, it smells like good backtest results especially with the ever-rising indices like Dow and S&P.

  Can you help?

  Translated with http://www.DeepL.com/Translator (free version)

  

  JohnScher

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  10/23/2021 at 12:28 PM #180235
  robertogozzi

  There you go:

  DEFPARAM CumulateOrders = false DEFPARAM PreLoadBars = 10000 ONCE LotSize = 1 ONCE PerCent5 = 0.05 //5% HIGHESTprice = highest[10000](high[1]) //get the highest price as far as can be CurDistance = HIGHESTprice - close ChunkSize = HIGHESTprice * PerCent5 Chunks = round((CurDistance / ChunkSize) - 0.5) Entry = HIGHESTprice - (HIGHESTprice * (Chunks * PerCent5)) c1 = Chunks > 0 c2 = Not OnMarket IF c1 AND c2 THEN BUY LotSize Contracts AT Entry STOP SET STOP LOSS ChunkSize ENDIF IF OnMarket AND close > HIGHESTprice THEN SELL AT Market ENDIF

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  DEFPARAM CumulateOrders = false DEFPARAM PreLoadBars    = 10000 ONCE LotSize            = 1 ONCE PerCent5           = 0.05                     //5% HIGHESTprice            = highest[10000](high[1])  //get the highest price as far as can be CurDistance             = HIGHESTprice - close ChunkSize               = HIGHESTprice * PerCent5 Chunks                  = round((CurDistance / ChunkSize) - 0.5) Entry                   = HIGHESTprice - (HIGHESTprice * (Chunks * PerCent5)) c1                      = Chunks > 0 c2                      = Not OnMarket IF c1 AND c2 THEN    BUY LotSize Contracts AT Entry STOP    SET STOP LOSS ChunkSize ENDIF IF OnMarket AND close > HIGHESTprice THEN    SELL AT Market ENDIF

  I made it so that it does not accumulate positions as I am not sure you wanted this.
  Do you want to accumulate positions?

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  robertogozzi

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  10/23/2021 at 4:25 PM #180245
  JohnScher

   

  Thank you very much for the quick help. I am glad that you help me.
  But unfortunately the code does not do exactly what I want to get.

  For a better understanding let me underlay it with numbers
  The all time high of a fictitious value is 10.000 points.
  We take n=2% of 10.000 = 200 points

  so we get
  10.000 // alltimehigh = Highest [1000](high[1])
  9.800 // alltimehigh – 2%
  9.600 // alltimehigh – 4%
  9.400 // ..
  9.200 //..

  Now it can start
  If the price falls below 9,800 at the close, we will
  StopBuy at 9,800
  SL 9.600
  TP 10,000

  If the price falls below 9,600 at the close, we will
  Stop Buy 9,600
  SL 9,400
  TP 9,800

  If the price falls below 9,400 at the close, we will
  Stop Buy 9.400
  SL 9.200
  TP 9.600

  if the price rises above 9,400 at the close, the
  StopBuy to 9.600
  SL to 9.400
  TP to 9.800

  For it as above it would have to be programmed.
  And I have made it so, where I have problems. Please can you look over it again and correct?

   

  buy at price declines

  DEFPARAM CumulateOrders = false DEFPARAM PreLoadBars = 10000 ONCE LotSize = 1 ONCE PerCent = 0.02 ath = highest[10000](high[1]) for all n = 1 to 100 do // every n and again and again // how can i program this? Entry = close < ath - (ath*percent*n) IF close < ath or Entry THEN BUY AT Entry STOP<span style="vertical-align: inherit;"><span style="vertical-align: inherit;"> ENDIF</span></span> Exit = (close > ath - (ath*percent*n+1)) or (close < ath - (ath*percent*n-1)) IF OnMarket AND Exit THEN SELL AT Market<span style="vertical-align: inherit;"><span style="vertical-align: inherit;"> ENDIF</span></span>

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  DEFPARAM CumulateOrders = false DEFPARAM PreLoadBars    = 10000   ONCE LotSize            = 1 ONCE PerCent            = 0.02                     ath                     = highest[10000](high[1])     for all n = 1 to 100 do // every n and again and again // how can i program this?   Entry = close < ath - (ath*percent*n)   IF close < ath or Entry  THEN BUY AT Entry STOP<span style="vertical-align: inherit;"><span style="vertical-align: inherit;"> ENDIF</span></span>   Exit = (close > ath - (ath*percent*n+1)) or  (close < ath - (ath*percent*n-1))   IF OnMarket AND Exit THEN SELL AT Market<span style="vertical-align: inherit;"><span style="vertical-align: inherit;"> ENDIF</span></span>

  

  JohnScher

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  10/23/2021 at 4:51 PM #180246
  JohnScher

  better again, one problem left

  DEFPARAM CumulateOrders = false
  DEFPARAM PreLoadBars = 10000

  ONCE LotSize = 1
  ONCE PerCent = 0.02

  ath = highest[10000](high[1])

  for all n = 1 to 100 do //n = 1 or 2 or 3 or 4 or 5 or …. or 100 // here ist the problem i can´t

  Entry = ath – ath*n*percent

  IF close < Entry THEN BUY AT Entry STOP ENDIF Exit = (close > ath – (ath*(n+1)*percent)) or (close < ath - (ath*(n-1)*percent)) IF OnMarket AND Exit THEN SELL AT Market ENDIF

  

  JohnScher

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  10/24/2021 at 5:09 PM #180275
  robertogozzi

  If you want to accumulate positions why did you write DEFPARAM CumulateOrders = false?

  My code doesn’t accumulate positions.

  If you want to accumulate positions the code must be changed.

   

   

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  robertogozzi

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  10/26/2021 at 7:51 AM #180355
  robertogozzi

  When you place more than one pending order, all of them could be triggered as DEFPARAM CumulateOrders only works when ProOrder has the control of operations, but once the code is executed and pending orders placed, control is left to the broker until the new candle closes.

  In any case I added FOR…NEXT to place ALL pending orders (if the price has dropped 20%, 4 orders will be placed).

  But it us useless, as 5%, say on Dax, is about 800 pips and a fear it can hardly trigger one order, as I have never experienced a daily drop of more than that!

  DEFPARAM CumulateOrders = false DEFPARAM PreLoadBars    = 10000 ONCE LotSize            = 1 ONCE PerCent5           = 0.05                     //5% HIGHESTprice            = highest[10000](high[1])  //get the highest price as far as can be CurDistance             = HIGHESTprice - close ChunkSize               = HIGHESTprice * PerCent5 Chunks                  = round((CurDistance / ChunkSize) - 0.5) Entry                   = HIGHESTprice - (HIGHESTprice * (Chunks * PerCent5)) c1                      = Chunks > 0 c2                      = Not OnMarket IF c1 AND c2 THEN EntryPrice = Entry For i = 1 to Chunks    BUY LotSize Contracts AT EntryPrice STOP EntryPrice = EntryPrice + ChunkSize Next    SET STOP LOSS ChunkSize ENDIF IF OnMarket AND close > HIGHESTprice THEN    SELL AT Market ENDIF

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  DEFPARAM CumulateOrders = false DEFPARAM PreLoadBars    = 10000 ONCE LotSize            = 1 ONCE PerCent5           = 0.05                     //5% HIGHESTprice            = highest[10000](high[1])  //get the highest price as far as can be CurDistance             = HIGHESTprice - close ChunkSize               = HIGHESTprice * PerCent5 Chunks                  = round((CurDistance / ChunkSize) - 0.5) Entry                   = HIGHESTprice - (HIGHESTprice * (Chunks * PerCent5)) c1                      = Chunks > 0 c2                      = Not OnMarket IF c1 AND c2 THEN    EntryPrice = Entry    For i = 1 to Chunks       BUY LotSize Contracts AT EntryPrice STOP       EntryPrice = EntryPrice + ChunkSize    Next    SET STOP LOSS ChunkSize ENDIF IF OnMarket AND close > HIGHESTprice THEN    SELL AT Market ENDIF

   

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  robertogozzi

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  10/30/2021 at 5:34 PM #180613
  JohnScher

  I have only today got to look here
  You have my great and heartfelt thanks that you have taken my questions again.
  The addition of the For…Next function helps me immensely. Thank you very much.
  I’ll try to do the rest on my own. I will be back soon.

  

  JohnScher

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  11/01/2021 at 7:33 PM #180770
  JohnScher

  Hello again.

  Here you see again my question in another form.
  Can you program here that it is executed for all “n”?

   

  defparam cumulateorders = false once percent = 0.02 //2% a = 100*percent b = 100/a n = b // follow must be done for all n from 1 to n timeframe (daily) ath = highest [1000] (high [1]) //100% c1 = ath - (ath * (n+1) * percent) c2 = ath - (ath * n * percent) c3 = ath - (ath * (n-1) * percent) timeframe (default) // timeframe 1H If close < c2 then buy at c2 stop endif If close < c3 or close > c1 then sell at market endif

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  defparam cumulateorders = false   once percent    =  0.02 //2%   a = 100*percent b = 100/a n = b   // follow must be done for all n from 1 to n timeframe (daily) ath  =  highest [1000] (high [1])    //100% c1   =  ath - (ath * (n+1) * percent) c2   =  ath - (ath *  n    * percent) c3   =  ath - (ath * (n-1) * percent)     timeframe (default) // timeframe 1H   If close < c2 then buy at c2 stop endif If close < c3 or close > c1 then sell at market endif

  

  JohnScher

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  11/02/2021 at 5:58 PM #180798
  robertogozzi

  There you go:

  defparam cumulateorders = false once percent = 0.02 //2% a = 100*percent b = 100/a n = b // follow must be done for all n from 1 to n timeframe (daily) ath = highest [1000] (high [1]) //100% FOR i = 1 TO n//1 c1 = ath - (ath * (i+1) * percent) c2 = ath - (ath * i * percent) c3 = ath - (ath * (i-1) * percent) If close < c2 then buy at c2 stop endif NEXT timeframe (default) // timeframe 1H If close < c3 or close > c1 then sell at market endif graph a graph b graph n graph i graphonprice c1 coloured(255,0,0,255) graphonprice c2 coloured(0,128,0,155) graphonprice c3 coloured(9,0,255,255) graphonprice ath

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  defparam cumulateorders = false once percent    =  0.02 //2% a = 100*percent b = 100/a n = b // follow must be done for all n from 1 to n timeframe (daily) ath  =  highest [1000] (high [1])    //100% FOR i = 1 TO n//1    c1   =  ath - (ath * (i+1) * percent)    c2   =  ath - (ath *  i    * percent)    c3   =  ath - (ath * (i-1) * percent)    If close < c2 then       buy at c2 stop    endif NEXT   timeframe (default) // timeframe 1H If close < c3 or close > c1 then    sell at market endif graph a graph b graph n graph i graphonprice c1  coloured(255,0,0,255) graphonprice c2  coloured(0,128,0,155) graphonprice c3  coloured(9,0,255,255) graphonprice ath

  As you can see from the attached pic, when n is reached, c2 is 0.
  It only works for the FIRST iteration. This means that iterations are useless. If you change line 12 to 1, nothing changes, because from the second iteration on, it nevcer enters. Bear in mind that 2% on DAX is now about 320 pips far!
  Anyway, you can play with it by trying to change something.

  

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