Double 7 by Larry Connors

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  • #21420 quote
    johan_s
    Participant
    New

    Hi all

    Is it possible to program The Double 7 Strategy by Larry Connors as a screener and indicator?

    http://systemtradersuccess.com/double-seven-strategy/

    #21550 quote
    Nicolas
    Keymaster
    Master

    Yes of course. So you only want to detect signals that meet these 3 conditions? :

    1. Price must be above its 200-day moving average
    2. Buy when prices closes below 7-Day low.
    3. Sell when price closes above 7-Day high.

    These are the criterias for the long only strategy.

    #21736 quote
    johan_s
    Participant
    New

    That is correct. Seems easy. Now I just have to learn how to code it. Thanks for the answer Nicolas!

    #35814 quote
    jocke100
    Participant
    New

    Hi Johan, do you want to share the code?

    #35848 quote
    StantonR
    Participant
    Senior

    Here is the screener. Dont think you need the exit conditions on the screener.

    c1 = close > average[200]
    c2 = close < DHigh(7)
    
    filter = c1 and c2
    
    SCREENER[filter]
    #35850 quote
    StantonR
    Participant
    Senior

    sorry made a mistake

    2
    3
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    c1 = close > average[200]
    c2 = close < DLow(7)
    filter = c1 and c2
    SCREENER[filter]
    #35984 quote
    jocke100
    Participant
    New

    Thanks!

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Double 7 by Larry Connors


ProScreener: Market Scanners & Detection

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johan_s @johan_s Participant
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This topic contains 6 replies,
has 4 voices, and was last updated by jocke100
8 years, 9 months ago.

Topic Details
Forum: ProScreener: Market Scanners & Detection
Language: English
Started: 01/17/2017
Status: Active
Attachments: No files
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