Hi and Seasons greetings to all,
Your help please …
I have a strategy that manually returns a modest income on the 5 Minute Germany 40 during the market open times but despite 179 plus attempts to program it using ProRealTime, I cannot get the program to do what the flowchart does.
synopsis …
Using the change of the PSAR from RED to GREEN – if there is green PSAR and green first bar it is an indicator to set the upper threshold which I’ve called ‘loft’ to (HIGH + 2*POINTSIZE).
Then if any of the following bars, before the next PSAR change is higher than ‘loft’ the program will BUY AT MARKET with a TARGET 20 and STOP 40.
Likewise if the change of the PSAR is from GREEN to RED – if there is a red PSAR and a red first bar it is an indicator to set the lower threshold which I have called ‘dell’ to (LOW – 2*POINTSIZE).
Then if any of the following bars before the next PSAR change is lower than the ‘dell’ variable then the program will SELLSHORT AT MARKET with a TARGET 20 and STOP 40.
######## If the PSAR changes and the TARGET has not been met, then the position is closed so that the next bar can be checked for an indicator. ##If the change of PSAR is not matched with a like coloured first bar then the following bars are ignored till the next PSAR change. #########
I have tried using Multi Time Frames to buy and sell quickly at the PSAR change so that a new PSAR/Bar can be quickly exploited and have had mixed results using arrays to facilitate assigning variables in different timeframes.
I have attached my flowchart and gratefully would welcome any ideas as I have spent so long on this ….. I know the manual method works (but is tedious to stare at the screen for 8 hours).
Any help would be most welcome, thank you in anticipation.
Hi again,
In my haste I posted the DOW version of the flowchart – which works as does FTSE etc. but the GERMANY 40 is most consistent.
Please find atttached the DAX flowchart,
Sorry for the mistake,
JSParticipant
Senior
Hi @maleczek
I started from your text but haven’t tested it yet…
I have a headache now… 😉
Regards Jaap
DefParam CumulateOrders = False
mySAR = SAR[0.02,0.02,0.2]
//SAR changes from Red to Green and first Green Bar
IF High[1] > mySAR[1] and Close > Open and NOT ShortonMarket THEN
xLoft = High + 2*PointSize //Set xLoft
Ignored = 0
ElsIf High[1] > mySAR[1] and Close < Open then
Ignored = 1
Else
ExitShort at Market
EndIf
If High > xLoft and Ignored = 0 then
Buy 1 contract at Market
Set Target pProfit 20
Set Stop pLoss 40
Ignored = 1
EndIf
//SAR changes from Green to Red and first Red bar
IF Low[1] < mySAR[1] and Close < Open and NOT LongOnMarket THEN
xDell = Low - 2*PointSize //Set xDell
Ignored = 0
ElsIf Low[1] < mySAR[1] and Close > Open then
Ignored = 1
Else
Sell at Market
EndIf
If Low < xDell and Ignored = 0 then
SellShort 1 contract at Market
Set Target pProfit 20
Set Stop pLoss 40
Ignored = 1
ENDIF
Sincere Thanks Jaap,
I hope I didn’t cause the headache … Merry Christmas 🙂
