Hi Jon. There are some missing infos here. when do you want to exit your positions?

Pivot what do you want , go short or long? It doesn’t make sense to say I want to go short and Long on Pivots. you need to be more specific. Anyway I made a simple code on the EMA200 and 50. it exits if the High or Low  on ema 50 touches the price again,  SL is set to 65. it should be easy to change the numbers. Unfortunately it doesn’t make any real profit- I tested it on 4H DAX.

Cheers

Kasper

// Definition of code parameters
DEFPARAM CumulateOrders = False // Cumulating positions deactivated

// Conditions to enter long positions
indicator1 = Average[50](close)
indicator2 = ExponentialAverage[200](close)
c1 = (indicator1 CROSSES OVER indicator2)

IF c1 THEN
BUY 1 CONTRACT AT MARKET
ENDIF

// Conditions to exit long positions
indicator3 = Average[20](close)
c2 = (low CROSSES UNDER indicator3)

IF c2 THEN
SELL  AT MARKET
ENDIF

// Conditions to enter short positions
indicator4 = Average[50](close)
indicator5 = ExponentialAverage[200](close)
c3 = (indicator4 CROSSES UNDER indicator5)

IF c3 THEN
SELLSHORT 1 CONTRACT AT MARKET
ENDIF

// Conditions to exit short positions
indicator6 = Average[20](close)
c4 = (high CROSSES OVER indicator6)

IF c4 THEN
EXITSHORT  AT MARKET
ENDIF

// Stops and targets
SET STOP pLOSS 20
//SET TARGET pPROFIT 65

Hi Jon, I’m sorry I cant make this code. My attempts to code this, don’t shows no orders. this means that either I’m doing something wrong or the conditions are never met.

here is a the code for a simple test only for the Pivot line

// Definition of code parameters
DEFPARAM CumulateOrders = False // Cumulating positions deactivated

// Conditions to enter long positions
indicator1 = Average[50](close)
indicator2 = Average[200](close)
c1 = (indicator1 > indicator2)

indicator3 = close
indicator4 = Average[50](close)
c2 = (indicator3 CROSSES UNDER indicator4)

Pivot1Long = (DHigh(1) + DLow(1) + DClose(1))/3
c3 = (high[1] = Pivot1Long)
c33= Pivot1Long[1]<close

IF c1 AND c2 AND c3 and c33 THEN
BUY 1 CONTRACT AT MARKET
ENDIF

// Conditions to exit long positions
indicator6 = Average[50](close)
indicator7 = close
c4 = (indicator6 CROSSES OVER indicator7)

IF c4 THEN
SELL  AT MARKET
ENDIF

// Conditions to enter short positions
indicator8 = Average[200](close)
indicator9 = Average[50](close)
c5 = (indicator8 > indicator9)

indicator10 = close
indicator11 = Average[200](close)
c6 = (indicator10 CROSSES UNDER indicator11)

Pivot1short = (DHigh(1) + DLow(1) + DClose(1))/3
c7 = (low[1] CROSSES UNDER Pivot1Short)
c77=Pivot1Short[1]>close
IF c5 AND c6 AND c7 and c77 THEN
SELLSHORT 1 CONTRACT AT MARKET
ENDIF

// Conditions to exit short positions
indicator13 = close
indicator14 = Average[50](close)
c8 = (indicator13 = indicator14)

IF c8 THEN
EXITSHORT  AT MARKET
ENDIF

// Stops and targets
//SET STOP pLOSS 10 pTRAILING 10

Hi Nicolas, and Thanks. I also found other errors, and I have some time to think it over, between diaper change and gardening 😊

I will get back a bit later with something.

Hi Jon.

Well It should be no problem to convert the code to both an indicator and a Screener. I think it also will be a good time to test if all S and R lines will be used. I changed your strategy a bit so when you have a retracement towards the Pivot, S and R lines, I test for the next candle actually bounces off and not going through. I think this gives a better strategy in terms of automatic trading. I will see how it turns out in a screener. But I’ve just returned to work from summertime so I can’t say when it will be finish.

Cheers Kasper

Hi Jon. I need to solve this problem. When I add Pivot indicators on price it’s only the current day it will display. If I need to verify your strategy with the actual code, I need the history of those lines in the chart. Otherwise I can’t see if I’m on the spot or not. It may be a simple issue, but in fact I started coding just a few weeks ago so many things are still new to me 🙂  I will try and ask in the community.

Hi Jon. It was actually easier that expected. I have made both the screener and indicator. The code has change a bit in the structure, but they are the same. The indicator together with the backtest of the code will give you an idea when conditions are met. I still can’t verify if the code is in consistent with you requirements, so I guess you have to verify it, by looking at the results.

Further what the backtest shows, I wouldn’t put my money on as the issue with PRT and profit on zero bars is still an issue. PRT will only count the winnings and not the losses, unless there are no winners within the one bar of testing.

//SCREENER

// WORKING test 2.5 Pivot strategy INDICTOR
INDICATEUR = 0
//INDICATEUR1 = 0

// Conditions to enter long positions


indicator1 = Average[200](close)
indicator2 = Average[50](close)
c1 = (indicator1 < indicator2)
indicator3 = close
indicator4 = Average[200](close)
c2 = (indicator3 CROSSES OVER indicator4)

Rule1 = 1//(BarIndex-TradeIndex)>=1

Pivot1Long = (DHigh(1) + DLow(1) + DClose(1))/3
S1DLong = 2*((DHigh(1) + DLow(1) + DClose(1))/3) - DHigh(1)
S2DLong = (DHigh(1) + DLow(1) + DClose(1))/3-(DHigh(1)-DLow(1))
S3DLong = DHigh(1)+2*(((DHigh(1) + DLow(1) + DClose(1))/3)-DLow(1))
R1DLong = 2*((DHigh(1) + DLow(1) + DClose(1))/3) - DLow(1)
R2DLong = (DHigh(1) + DLow(1) + DClose(1))/3+(DHigh(1)-DLow(1))
R3DLong = DHigh(1)+2*((DHigh(1) + DLow(1) + DClose(1))/3-DLow(1))

c3PvD = (close[1] crosses under Pivot1Long)
c3S1D=(close[1] crosses under S1DLong)
c3S2D=(close[1] crosses under S2DLong)
c3S3D=(close[1] crosses under S3DLong)
c3R1D=(close[1] crosses under R1DLong)
c3R2D=(close[1] crosses under R2DLong)
c3R3D=(close[1] crosses under R3DLong)
c33= close[1]<close


PivotLong = c1 AND c2 and c33 AND c3PvD and Rule1
Sup1Long = c1 AND c2 and c33 AND c3S1D and Rule1
Sup2Long = c1 AND c2 and c33 AND c3S2D and Rule1
Sup3Long = c1 AND c2 and c33 AND c3S3D and Rule1
Res1Long = c1 AND c2 and c33 AND c3R1D and Rule1
Res2Long = c1 AND c2 and c33 AND c3R2D and Rule1
Res3Long = c1 AND c2 and c33 AND c3R3D and Rule1

If PivotLong or Sup1Long or Sup2Long or Sup3Long or Res1Long or Res2Long or Res3Long then
INDICATEUR =1
else
INDICATEUR=0
Endif


// Conditions to enter short positions
indicator8 = Average[200](close)
indicator9 = Average[50](close)
c5 = (indicator8 > indicator9)
indicator10 = close
indicator11 = Average[200](close)
c6 = (indicator10 CROSSES UNDER indicator11)

Pivot1short = (DHigh(1) + DLow(1) + DClose(1))/3
S1DShort = 2*((DHigh(1) + DLow(1) + DClose(1))/3) - DHigh(1)
S2DShort = (DHigh(1) + DLow(1) + DClose(1))/3-(DHigh(1)-DLow(1))
S3DShort = DHigh(1)+2*(((DHigh(1) + DLow(1) + DClose(1))/3)-DLow(1))
R1DShort = 2*((DHigh(1) + DLow(1) + DClose(1))/3) - DLow(1)
R2DShort = (DHigh(1) + DLow(1) + DClose(1))/3+(DHigh(1)-DLow(1))
R3DShort = DHigh(1)+2*((DHigh(1) + DLow(1) + DClose(1))/3-DLow(1))

c7PvD = (low[1] CROSSES over Pivot1Short)
c7S1D= (low[1] CROSSES over S1DShort)
c7S2D=(low[1] CROSSES over S2DShort)
c7S3D=(low[1] CROSSES over S3DShort)
c7R1D= (low[1] CROSSES over R1DShort)
c7R2D= (low[1] CROSSES over R2DShort)
c7R3D= (low[1] CROSSES over R3DShort)
c77=close[1]>close

PivotShort = c5 AND c6 AND c77 and c7PvD and Rule1
Sup1Short = c5 AND c6 AND c77 and c7S1D and Rule1
Sup2Short = c5 AND c6 AND c77 and c7S2D and Rule1
Sup3Short = c5 AND c6 AND c77 and c7S3D and Rule1
Res1Short = c5 AND c6 AND c77 and c7R1D and Rule1
Res2Short = c5 AND c6 AND c77 and c7R2D and Rule1
Res3Short = c5 AND c6 AND c77 and c7R3D and Rule1


IF PivotShort or Sup1Short or Sup2Short or Sup3Short or Res1Short or Res2Short or Res3Short then
INDICATEUR =-1
else
INDICATEUR=0
ENDIF

screener[INDICATEUR]