Help translate a Fractal indicator into a Probacktest automatic trading

sahero · 2020-01-22T15:54:14+00:00

Hello, I’m wondering if someone would be nice enough help me translate an indicator into a Probacktest. Indicator is based on Bill Williams fractals and places markers on the graph. I’d like to open positions on these markers : signal = 0 // Fractals N candles Ncandles = 5 // N Candles each side extreme candle Nside = (Ncandles - 1) / 2 // Sup fractal definition IF high[Nside] >= highest[Ncandles](high) THEN Fup = high[Nside] signal = -1 ENDIF // Inf fractal def IF low[Nside] <= lowest[Ncandles](low) THEN Fdown = low[Nside] signal = 1 ENDIF // Draw signals IF signal = 1 THEN DRAWARROWUP(barindex[2],low[2]-Averagetruerange[5]/3)coloured(0,150,0) ELSIF signal = -1 THEN DRAWARROWDOWN(barindex[2],high[2]+Averagetruerange[5]/3)coloured(255,0,0) ENDIF Return Fup as "Fup", Fdown as "Fdown" I’d like to open following positions : On signal Fup, buy 1 shares at market / take profit @ 0.3% / Stop loss @ 0.10% On signal Fdown, sell short 1 shares at market / take profit @ 0.3% / Stop loss @ 0.10% Many thanks in advance !

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01/22/2020 at 4:54 PM #117537 quote
sahero
Participant

New
Hello,

I’m wondering if someone would be nice enough help me translate an indicator into a Probacktest.
Indicator is based on Bill Williams fractals and places markers on the graph. I’d like to open positions on these markers :
```
signal = 0

// Fractals N candles
Ncandles = 5

// N Candles each side extreme candle
Nside = (Ncandles - 1) / 2

// Sup fractal definition
IF high[Nside] >= highest[Ncandles](high) THEN
Fup = high[Nside]
signal = -1
ENDIF

// Inf fractal def
IF low[Nside] <= lowest[Ncandles](low) THEN
Fdown = low[Nside]
signal = 1
ENDIF

// Draw signals
IF signal = 1 THEN
DRAWARROWUP(barindex[2],low[2]-Averagetruerange[5]/3)coloured(0,150,0)
ELSIF signal = -1 THEN
DRAWARROWDOWN(barindex[2],high[2]+Averagetruerange[5]/3)coloured(255,0,0)
ENDIF

Return Fup as "Fup", Fdown as "Fdown"
```
I’d like to open following positions :

On signal Fup, buy 1 shares at market / take profit @ 0.3% / Stop loss @ 0.10%
On signal Fdown, sell short 1 shares at market / take profit @ 0.3% / Stop loss @ 0.10%

Many thanks in advance !
01/24/2020 at 1:22 PM #117690 quote

Nicolas
Keymaster

Legend

The strategy coded in this topic is exactly what you are requesting for: https://www.prorealcode.com/topic/fractal-systeme/

It deals with entries made after new fractals are discovered.

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