Germany 40 at 3 Min PSAR indicator

maleczek · 2022-12-22T17:48:48+00:00

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.

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12/22/2022 at 6:48 PM #206208 quote

maleczek
Participant

Junior

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.
Billy-Flow-202212-22.jpg

12/23/2022 at 8:12 AM #206220 quote

maleczek
Participant

Junior

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,
Billy-Flow-Germany-40.jpg

12/23/2022 at 9:37 PM #206249 quote
JS
Participant

Master
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
```
12/25/2022 at 11:42 AM #206301 quote

maleczek
Participant

Junior

Sincere Thanks Jaap, I hope I didn’t cause the headache … Merry Christmas 🙂
JS thanked this post
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