Coding for first pullback after price crossed MA50

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  • 06/15/2019 at 1:01 PM #100736 quote
    robertogozzi
    Moderator
    Master

    Ok, I’ll add the short side soon!

    06/15/2019 at 1:14 PM #100737 quote
    GraHal
    Participant
    Master

    The curve and results for 5th down from the top look just as good!?

    I know it’s only 10k bars, but I’m trying out a different kind of trading … Auto Entry and Manual Exit if / when needed?

    There will be no need for manual exit on this one though if a weekly optimise keeps the Live results above that critical Gain / Loss ratio of 2 ish.

    pullback3.jpg pullback3.jpg
    06/15/2019 at 1:24 PM #100741 quote
    robertogozzi
    Moderator
    Master

    Both sides:

    DEFPARAM CumulateOrders = false
MinLookBack =  2           //2  crossing must have occured at least these bars before PullBack
MaxLookBack =  17          //17 crossing must have occured at most  these bars before PullBack
MA50 = average[50,1](close)//50,1
//  LONG  side
x = close crosses over  ma50
IF x OR (close > MA50 AND low < MA50) THEN //when a pullback occurs...
   IF summation[MinLookBack](x[1]) = 0 THEN
      IF summation[MaxLookBack](x[MinLookBack + 1]) AND Not OnMarket AND close > open THEN
         BUY 1 CONTRACT AT MARKET
         SET STOP   pLOSS   50    //50
         SET TARGET pPROFIT 300   //300
      ENDIF
   ENDIF
ENDIF
//  SHORT side
x = close crosses under ma50
IF x OR (close < MA50 AND high > MA50) THEN //when a pullback occurs...
   IF summation[MinLookBack](x[1]) = 0 THEN
      IF summation[MaxLookBack](x[MinLookBack + 1]) AND Not OnMarket AND close < open THEN
         SELLSHORT 1 CONTRACT AT MARKET
         SET STOP   pLOSS   50    //50
         SET TARGET pPROFIT 300   //300
      ENDIF
   ENDIF
ENDIF
    GraHal thanked this post
    06/15/2019 at 2:20 PM #100745 quote
    RiaanvN
    Participant
    Average

    Hello Roberto,

    I have also noticed that with this trade setup the MA20 offers good support. 50% of time after price crosses MA50 the price pullback to MA20 instead. Is it possible for you to add this criteria?

    Price cross MA50 then pullback to MA20 (or MA50).

    06/15/2019 at 2:42 PM #100747 quote
    robertogozzi
    Moderator
    Master

    There you go (not tested):

    DEFPARAM CumulateOrders = false
MinLookBack =  2           //2  crossing must have occured at least these bars before PullBack
MaxLookBack =  17          //17 crossing must have occured at most  these bars before PullBack
MA50 = average[50,1](close)//50,1
MA20 = average[20,1](close)//20,1
//  LONG  side
x = close crosses over  ma50
y = close crosses over  ma20
IF x OR (close > MA50 AND low < MA50) THEN //when a pullback occurs...
   IF summation[MinLookBack](y[1]) = 0 THEN
      IF summation[MaxLookBack](y[MinLookBack + 1]) AND Not OnMarket AND close > open THEN
         BUY 1 CONTRACT AT MARKET
         SET STOP   pLOSS   50    //50
         SET TARGET pPROFIT 300   //300
      ENDIF
   ENDIF
ENDIF
//  SHORT side
x = close crosses under ma50
y = close crosses under ma20
IF x OR (close < MA50 AND high > MA50) THEN //when a pullback occurs...
   IF summation[MinLookBack](y[1]) = 0 THEN
      IF summation[MaxLookBack](y[MinLookBack + 1]) AND Not OnMarket AND close < open THEN
         SELLSHORT 1 CONTRACT AT MARKET
         SET STOP   pLOSS   50    //50
         SET TARGET pPROFIT 300   //300
      ENDIF
   ENDIF
ENDIF
    GraHal and RiaanvN thanked this post
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Coding for first pullback after price crossed MA50


ProOrder: Automated Strategies & Backtesting

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RiaanvN @riaanvn Participant
Summary

This topic contains 19 replies,
has 5 voices, and was last updated by robertogozzi
6 years, 8 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 06/11/2019
Status: Active
Attachments: 5 files
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