Divergences trading

Inertia · 2017-02-20T13:44:16+00:00

Dear all, Greetings ! That is a great forum…Well done and thank you! I have a favor… I am trying to code a strategy that might look up for divergences (RSI today but could be another indicators…). I am using PRT Probacktest cause I do not know the coding language…Sorry 🙁 Q: How can I have the code below *looking back from RSI bar close < 30 up to BAR 6 AND/OR 7 AND/OR 8 etc.. up to X bars ??? *The curent RSI bar must be over 40…with a 6 bars gap in between (could be less…) I would be happy to receive any help from any one at any time 😉 Hereafter is what I have so far… // Définition des paramètres du code DEFPARAM CumulateOrders = False // Cumul des positions désactivé // Annule tous les ordres en attente et ferme toutes les positions à 0:00, puis empêche toute création d'ordre avant l'heure "FLATBEFORE". DEFPARAM FLATBEFORE = 090000 // Annule tous les ordres en attente et ferme toutes les positions à l'heure "FLATAFTER" DEFPARAM FLATAFTER = 173000 // Empêche le système de placer des ordres pour entrer sur le marché ou augmenter la taille d'une position avant l'heure spécifiée timeEnterBefore = time >= 090000 // Empêche le système de placer des ordres pour entrer sur le marché ou augmenter la taille d'une position après l'heure spécifiée timeEnterAfter = time = 0[7]) indicator2 = RSI[14](close) c3 = (indicator2 = 40) IF (c1 AND c2 AND c3 AND c4) AND timeEnterBefore AND timeEnterAfter AND not daysForbiddenEntry THEN BUY 1 CONTRACT AT MARKET ENDIF // Conditions pour fermer une position acheteuse indicator4 = SAR[0.02,0.02,0.2] c5 = (close CROSSES UNDER indicator4) indicator5 = ExponentialAverage[10](close) c6 = (close CROSSES UNDER indicator5) IF c5 AND c6 THEN SELL AT MARKET ENDIF // Stops et objectifs SET STOP pLOSS 15 SET TARGET pPROFIT 45 Thank you. DJ

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02/20/2017 at 2:44 PM #25758 quote
Inertia
Participant

Master
Dear all,

Greetings !

That is a great forum…Well done and thank you!

I have a favor…

I am trying to code a strategy that might look up for divergences (RSI today but could be another indicators…).

I am using PRT Probacktest cause I do not know the coding language…Sorry 🙁

Q: How can I have the code below *looking back from RSI bar close < 30 up to BAR 6 AND/OR 7 AND/OR 8 etc.. up to X bars ???

*The curent RSI bar must be over 40…with a 6 bars gap in between (could be less…)

I would be happy to receive any help from any one at any time 😉

Hereafter is what I have so far…
```
// Définition des paramètres du code
DEFPARAM CumulateOrders = False // Cumul des positions désactivé
// Annule tous les ordres en attente et ferme toutes les positions à 0:00, puis empêche toute création d'ordre avant l'heure "FLATBEFORE".
DEFPARAM FLATBEFORE = 090000
// Annule tous les ordres en attente et ferme toutes les positions à l'heure "FLATAFTER"
DEFPARAM FLATAFTER = 173000

// Empêche le système de placer des ordres pour entrer sur le marché ou augmenter la taille d'une position avant l'heure spécifiée
timeEnterBefore = time >= 090000

// Empêche le système de placer des ordres pour entrer sur le marché ou augmenter la taille d'une position après l'heure spécifiée
timeEnterAfter = time < 173000

// Empêche le système de placer de nouveaux ordres sur les jours de la semaine spécifiés
daysForbiddenEntry = OpenDayOfWeek = 6 OR OpenDayOfWeek = 0

// Conditions pour ouvrir une position acheteuse
c1 = (close < close[7])
indicator1 = RSI[14](close)
c2 = (indicator1 >= 0[7])
indicator2 = RSI[14](close)
c3 = (indicator2 <= 30)
indicator3 = RSI[14](close)
c4 = (indicator3 >= 40)

IF (c1 AND c2 AND c3 AND c4) AND timeEnterBefore AND timeEnterAfter AND not daysForbiddenEntry THEN
BUY 1 CONTRACT AT MARKET
ENDIF

// Conditions pour fermer une position acheteuse
indicator4 = SAR[0.02,0.02,0.2]
c5 = (close CROSSES UNDER indicator4)
indicator5 = ExponentialAverage[10](close)
c6 = (close CROSSES UNDER indicator5)

IF c5 AND c6 THEN
SELL AT MARKET
ENDIF

// Stops et objectifs
SET STOP pLOSS 15
SET TARGET pPROFIT 45
```
Thank you.

DJ
02/21/2017 at 11:45 AM #25870 quote

Nicolas
Keymaster

Legend

Inertia wrote:

Q: How can I have the code below *looking back from RSI bar close < 30 up to BAR 6 AND/OR 7 AND/OR 8 etc.. up to X bars ??? *The curent RSI bar must be over 40…with a 6 bars gap in between (could be less…)

Sorry, I’d like to help, but I don’t understand clearly your question. Could you please, upload a screenshot or an example of this condition you are trying to catch? Many thanks in advance.

02/21/2017 at 2:46 PM #25917 quote
Inertia
Participant

Master
Hi Nicolas.

Merci pour votre reacivite.

The strategy current barclose should enter LONG if :

Price onbarclosed is currently doing a lower low from let’s say *6 bars ago. *variable.

RSI made a lower low *x bar ago too and must have been lower than 30 (same as price *6 bars ago) BUT current bar close must be higher than 40 =>divergence.

Then enter LONG.
1. However, between curent price bar and previous lower low, *4 bars mini should be in between (6 mentionned above just for example..).
2. *4 bars mini: here is the trick… The strategy should look back for lower lows that occured on RSI until the trader’s choice ( mini 4 up to 30 or 40 bars back I suppose…)
Truly hope that my explanation make more sense now for you Nicolas 😉

However I do remain at your entire disposal should you need more information.

Happy Trading.

DJ

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