Conditions that should preferably be included in LONG strategies

• 03/10/2018 at 4:05 PM #64964
  soulintact

  Whatever the strategy might be, in whatever timeframe, I am trying to focus on conditions that should always be included in the code for entering or exiting LONG. The purpose is obviously to increase the percentage of winning trades and gain without lower the number of trades. Numbers must of course be tuned in based on time interval and other factors. Here are a few. Do add other conditions as well, thank you!

  General conditions for entering and exiting LONG

  Enter: RSI[10](close)< 66 and CCI[6](close) < 190 and (TEMA[2]>low)[3] and BULL Exit: SmStoS<SmStoS[2] and BEAR

  1 2 3

  Enter: RSI[10](close)< 66 and CCI[6](close) < 190 and (TEMA[2]>low)[3] and BULL   Exit: SmStoS<SmStoS[2] and BEAR

   

  Bullish and Bearish engulfing line

  // Detection of a bullish engulfing line Condition1 = Close[1] < Open[1] Condition2 = Open < Close[1] Condition3 = Close > Open[1] Condition4 = Open < Close BULL=Condition1[2] or Condition2[2] or Condition3[2] or Condition4[1] // Detection of a bearish engulfing line Condition5 = Close[1] > Open[1] Condition6 = Close < Open Condition7 = Open > Close[1] Condition8 = Close < Open[1] BEAR=Condition5[4] or Condition6[4] or Condition7[4] or Condition8[2]

  1 2 3 4 5 6 7 8 9 10 11 12 13

  // Detection of a bullish engulfing line Condition1 = Close[1] < Open[1] Condition2 = Open < Close[1] Condition3 = Close > Open[1] Condition4 = Open < Close BULL=Condition1[2] or Condition2[2] or Condition3[2] or Condition4[1]   // Detection of a bearish engulfing line Condition5 = Close[1] > Open[1] Condition6 = Close < Open Condition7 = Open > Close[1] Condition8 = Close < Open[1] BEAR=Condition5[4] or  Condition6[4] or Condition7[4] or Condition8[2]

   

   

  

  soulintact

  Participant

  Topics: 14

  Replies: 41

  Been thanked: 2 times
  03/10/2018 at 4:19 PM #64965
  GraHal

  Great idea soulintact!

  If popular and plenty of snippets added by members then you could ask for the post could be moved to become a sticky!?

  I have long thought we may all be reinventing the wheel?

  This thread could become a source of existing wheel designs / snippets which evolve into  even better snippets!? 🙂

  

  GraHal

  Participant

  Topics: 222

  Replies: 9156

  Been thanked: 2376 times
  03/10/2018 at 4:54 PM #64968
  JohnScher

  What do you mean, exactly?
  SmStoS<SmStoS[2]
  I get an error message from PRT when I use this 1:1

   

  kind

  

  JohnScher

  Participant

  Topics: 44

  Replies: 336

  Been thanked: 86 times
  03/10/2018 at 7:42 PM #64973
  robertogozzi

  @GraHal, your idea of a specific topic devoted to functions/snippets of code is welcome.

  Post it a suggestion for improvement of this forum.

  1 user thanked author for this post.

  GraHal

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 17761

  Been thanked: 4411 times
  03/10/2018 at 7:49 PM #64974
  FREDNC

  Yep great idea !

  1 user thanked author for this post.

  GraHal

  

  FREDNC

  Participant

  Topics: 12

  Replies: 91

  Been thanked: 8 times
  03/11/2018 at 1:10 PM #64993
  GraHal

  Thank you Roberto and Fred

  I have started a Thread, see here

  GraHal wrote:

  #64990

  @soulintact

  maybe you would like to add your snippets to the Thread above?

  Cheers
  GraHal

  1 user thanked author for this post.

  FREDNC

  

  GraHal

  Participant

  Topics: 222

  Replies: 9156

  Been thanked: 2376 times
  03/11/2018 at 9:43 PM #65020
  Vonasi

  robertogozzi wrote:

  @GraHal, your idea of a specific topic devoted to functions/snippets of code is welcome. Post it a suggestion for improvement of this forum.

  I already posted a suggestion that we could have a searchable library of code snippets. Nicolas seemed quite keen on the idea but as we all know he is a very busy chap! Maybe a thread with code snippets could be a good starting point to see how useful or popular it is.

  

  Vonasi

  Moderator

  Topics: 192

  Replies: 5088

  Been thanked: 1812 times
  03/11/2018 at 10:38 PM #65022
  GraHal

  Yes I agree and thought the same Vonasi. I had also suggested a searchable / sortable Library, but also felt guilty putting more work onto Nicolas.

  As you say Vonasi, my Thread will serve as a trial. The google sheet may be an easy way to achieve a sortable function but does require users to enter brief details.

  Do you think the Thread I started here GraHal wrote: is logical under Trading Discussion Forum or would be better / used by more under ProOrder Support Forum?

  Cheers
  GraHal

   

  

  GraHal

  Participant

  Topics: 222

  Replies: 9156

  Been thanked: 2376 times
  03/11/2018 at 11:08 PM #65023
  Vonasi

  GraHal wrote:

  Do you think the Thread I started here GraHal wrote: is logical under Trading Discussion Forum or would be better / used by more under ProOrder Support Forum?

  I think that ProOrder Support is more appropriate as they are code snippets for writing strategies more than they are general discussions.

  1 user thanked author for this post.

  GraHal

  

  Vonasi

  Moderator

  Topics: 192

  Replies: 5088

  Been thanked: 1812 times
• Author
  Posts