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Aragorna · 2023-05-17T23:03:31+00:00

fractalP = 10 //fractal period percent = 0.030 //maximum percent change between the 2 points barlimit = 100 //maximum bars between 2 points //fractals cp=fractalP if high[cp] >= highest[(cp)*2+1](high) then //new fractal high found $TOPy[lastset($TOPy)+1] = high[cp] //store fractal value $TOPx[lastset($TOPx)+1] = barindex[cp] //store fractal barindex //COND=Summation[fractalP](Close>$topy[i])=1 endif if low[cp] <= lowest[(cp)*2+1](low) then //new fractal low found $BOTy[lastset($BOTy)+1] = low[cp] //store fractal value $BOTx[lastset($BOTx)+1] = barindex[cp] //stire fractal barindex endif if(islastbarupdate and isset($topy[0]) and isset($boty[0])) then //check points in a range of X percent for i = 0 to lastset($TOPy) do //loop through the tops for y = 0 to lastset($TOPy) do //check first top with other tops change=abs(($topy[y]-$topy[i])/$topy[i]) //percent range between the 2 tops bardiff=abs($TOPx[i]-$TOPx[y]) //how many bars between the 2 points? Dtop= change =fractalP and $topx[i]<>$topx[y] next next for i = 0 to lastset($BOTy) do //loop through the bottoms for y = 0 to lastset($BOTy) do //check first bottom with other bottoms change=abs(($boty[y]-$boty[i])/$boty[i]) //percent range between the 2 bottoms bardiff=abs($botx[i]-$botx[y]) //how many bars between the 2 points? Dbot= change =fractalP and $BOTx[i]<>$BOTx[y] next next endif if not LONGONMARKET and Dbot then buy 1 shares AT MARKET ENDIF Set Stop loss 30 Set Target profit 60 hello to all, I’ve got a simple request. I’m studying the double top-bottom made by Nicolas, I’m trying to make a strategy, just for study. I’d like to go long when the second bottom at the condition Dbot) is identified, and go short when the second top is identifed. Strategy I’ve tryed does not give any result. can someone give me a tip? thank’0s in advance Alessio

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05/22/2023 at 4:51 PM #215029 quote

JS
Participant

Master

You cannot convert this particular indicator into a trading system because the code “searches” for tops and bottoms from the past…

fractalP=10

cp=fractalP

If High[cp] >= and here it goes wrong for the trading system because the starting point is High[10], the high of 10 bars ago and you can’t open a position 10 bars ago…
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Aragorna @aragorna Participant

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This topic contains 15 replies,
has 4 voices, and was last updated by JS
3 years, 5 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	05/18/2023
Status:	Active
Attachments:	No files

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ProOrder: Automated Strategies & Backtesting