code help on scalping

• 04/28/2020 at 1:10 PM #128614
  rama

  I want to use this code for trading, the problem with this I need to monitor screen to see when the signal is generated

  https://www.prorealcode.com/prorealtime-indicators/scalping-with-parabolic-sar-and-fibonacci/

   

  I tried to added

  on line 42 as k1=1

  online 57 as k1=-1

   

  online 74 return sarfast coloured(r,g,0) style(point,5),sarslow coloured(0,195,255)  style(point,5),k1

   

  I am not getting error or on the other hand I am not getting any signal either

  This logic has excellent success ratio

   

  

  rama

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  04/28/2020 at 1:19 PM #128619
  Vonasi

  It will just be drawing a line between -1 and 1 right at the bottom of the chart window so that is why you probably can’t see it. Remove all the graphical instructions and change the last line to RETURN k1 and then apply it as a separate indicator window and you will see it.

  You may want to add a k1 = 0 at the start of the code unless you just want it to be 1 or -1.

  

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  04/28/2020 at 1:57 PM #128630
  rama

  removed the graphs but it not giving the signal as expected

  scalpingmodified

  //PRC_Scalping with Parabolic SAR and Fibonacci | indicator //03.09.2019 //Nicolas @ www.prorealcode.com //Sharing ProRealTime knowledge // --- settings // --- end of settings sarfast=SAR[0.02,0.02,0.2] sarslow=SAR[0.005,0.005,0.05] //highs and lows if close<sarfast then ll=min(ll,low) else hh=max(hh,high) endif if close>sarfast and close[1]<sarfast[1] then //new bullish signal ll=sarslow //reset ll if close>sarslow then k1=-1 endif endif if close<sarfast and close[1]>sarfast[1] then //new bearish signal hh=0 //reset hh if close<sarslow then k1=1 endif endif return k1

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  //PRC_Scalping with Parabolic SAR and Fibonacci | indicator //03.09.2019 //Nicolas @ www.prorealcode.com //Sharing ProRealTime knowledge   // --- settings   // --- end of settings   sarfast=SAR[0.02,0.02,0.2] sarslow=SAR[0.005,0.005,0.05]     //highs and lows if close<sarfast then ll=min(ll,low) else hh=max(hh,high) endif   if close>sarfast and close[1]<sarfast[1]  then //new bullish signal   ll=sarslow //reset ll if close>sarslow then k1=-1 endif endif if close<sarfast and close[1]>sarfast[1] then //new bearish signal   hh=0 //reset hh if  close<sarslow then k1=1 endif endif     return k1

   

  

  rama

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  04/28/2020 at 2:57 PM #128645
  Vonasi

  You haven’t really clearly explained what you expect it to do. Plus your image tells us nothing because most of the charts with the actual values is missing completely.

  If you just want the return to be a spike at +1 or -1 then you have to set the k1 back to zero at the start of the code.

   

   

  

  Vonasi

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  04/28/2020 at 3:40 PM #128668
  rama

  please find attached the screen shot marked in blue. original code gives the signal at the time of blue marks.

  that signal is valid for some time may be 10 or 2o min

  I want a spike at the time of signal generated . I will place an order by looking at alert.

  if I can get entry , target and stop loss also i will good . I can write program

  as

  call the indicator and when k=1

  buy at entry+x limit

  sell at stop-x stop

  sell at target-x limit

  x= 1

   

  

  rama

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  04/28/2020 at 5:33 PM #128707
  Vonasi

  You will need to have in your strategy keep placing pending orders at every bar anyway because they only last one bar – so you will need it to remain at +1 or -1 unless you are on market. To be honest you are best to code the indicator into your strategy. It will make it easier because you will need to switch the value to zero if a trade opens.

  My platform is closed at the moment and I’m a bit busy with other stuff otherwise I would just write it for you!

  

  Vonasi

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  04/29/2020 at 8:13 AM #128762
  Vonasi

  I think that this should do what you want as a strategy. I kept the ‘plotbar’ setting in the code so it only places pending BUY or SELLSHORT orders on the market for this number of bars after a set up has been identified.

  //PRC_Scalping with Parabolic SAR and Fibonacci strategy // --- settings plotbar=10 //bars duration for placing orders // --- end of settings sarfast=SAR[0.02,0.02,0.2] sarslow=SAR[0.005,0.005,0.05] //highs and lows if close<sarfast then ll=min(ll,low) else hh=max(hh,high) endif if close>sarfast and close[1]<sarfast[1] then //new bullish signal fibo0=ll ll=sarslow //reset ll if close>sarslow then startbar=barindex irange=high-fibo0 entry = fibo0+(irange/2) itarget = fibo0+irange*1.618 istop = fibo0-2*pointsize signal = 1 endif endif if close<sarfast and close[1]>sarfast[1] then //new bearish signal fibo0=hh hh=0 //reset hh if close<sarslow then startbar=barindex irange=fibo0-low entry = fibo0-(irange/2) itarget = fibo0-irange*1.618 istop = fibo0+2*pointsize signal = -1 endif endif if barindex-startbar<=plotbar then if not onmarket and close>sarslow and signal = 1 then //bullish trend buy 1 contract at entry limit sell at istop stop sell at itarget limit endif if not onmarket and close<sarslow and signal = -1 then //bearish trend sellshort 1 contract at entry limit exitshort at istop stop exitshort at itarget limit endif endif if longonmarket then signal = 0 sell at istop stop sell at itarget limit endif if shortonmarket then signal = 0 exitshort at istop stop exitshort at itarget limit endif graph signal

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  //PRC_Scalping with Parabolic SAR and Fibonacci strategy   // --- settings plotbar=10 //bars duration for placing orders // --- end of settings   sarfast=SAR[0.02,0.02,0.2] sarslow=SAR[0.005,0.005,0.05]   //highs and lows if close<sarfast then ll=min(ll,low) else hh=max(hh,high) endif   if close>sarfast and close[1]<sarfast[1]  then //new bullish signal fibo0=ll ll=sarslow //reset ll if close>sarslow then startbar=barindex irange=high-fibo0 entry = fibo0+(irange/2) itarget = fibo0+irange*1.618 istop = fibo0-2*pointsize signal = 1 endif endif if close<sarfast and close[1]>sarfast[1] then //new bearish signal fibo0=hh hh=0 //reset hh if  close<sarslow then startbar=barindex irange=fibo0-low entry = fibo0-(irange/2) itarget = fibo0-irange*1.618 istop = fibo0+2*pointsize signal = -1 endif endif   if barindex-startbar<=plotbar then if not onmarket and close>sarslow and signal = 1 then //bullish trend buy 1 contract at entry limit sell at istop stop sell at itarget limit endif   if not onmarket and close<sarslow and signal = -1 then //bearish trend sellshort 1 contract at entry limit exitshort at istop stop exitshort at itarget limit endif endif   if longonmarket then signal = 0 sell at istop stop sell at itarget limit endif   if shortonmarket then signal = 0 exitshort at istop stop exitshort at itarget limit endif   graph signal

   

  

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