Highest function in for loop

• 11/20/2024 at 2:03 PM #240582
  Carter

  Hi Guys,

  I need a little help with some code that I cant seem to get to work probably. I’m trying to detect  if a cross of the highest function has occurred within the last 20 bars. Can you use the highest function in a for loop. I am heading towards a breakout system with a pullback.

  I have tried the code as an indicator and I seem to get the right output but not in trading system.

  Thanks Carter

  defparam cumulateOrders = false defparam PRELOADBARS =2000 b1 = 0 for i = 2 to 20 DO i11 = highest[50](high) if close[i] crosses over i11[i+1] then b1 = 1 break ENDIF NEXT //i1 = highest[2](high) i1 = ExponentialAverage[4](close) c2 = close crosses over i1 if b1 and c2 then buy .2 contracts at market ENDIF set target pprofit 10 set stop ploss 10 T

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25

  defparam cumulateOrders = false defparam PRELOADBARS =2000   b1 = 0 for i = 2 to 20 DO i11 = highest[50](high) if close[i] crosses over i11[i+1] then b1 = 1 break ENDIF NEXT   //i1 = highest[2](high) i1 = ExponentialAverage[4](close)   c2 = close crosses over i1   if b1 and c2 then buy .2 contracts at market ENDIF   set target pprofit 10 set stop ploss 10   T

  

  Carter

  Participant

  Topics: 4

  Replies: 6

  Been thanked: 0 times
  11/20/2024 at 4:24 PM #240590
  JS

  What is the difference between the outcome of the indicator and the trading system in the backtest…?

  

  JS

  Participant

  Topics: 29

  Replies: 2380

  Been thanked: 1427 times
  11/20/2024 at 5:07 PM #240594
  Carter

  With the indicator I get the expected histogram when triggered but in the back test I don’t seem to get any triggers. I used the graph function to try and see what was happening in the back test but it came out blank. I have simplified the code to find the issue because when included there were no trades taken. So when I started to investigate it seems as though a never get a positive result from the loop. maybe I’m missing something. Please find indicator code below I was using.

  Thanks Carter

  b1 = 0 for i = 2 to 20 DO i11 = highest[100](high) if close[i] crosses over i11[i+1] then b1 = 1 break ENDIF NEXT return b1

  1 2 3 4 5 6 7 8 9

  b1 = 0 for i = 2 to 20 DO i11 = highest[100](high) if close[i] crosses over i11[i+1] then b1 = 1 break ENDIF NEXT return b1

  

  Carter

  Participant

  Topics: 4

  Replies: 6

  Been thanked: 0 times
  11/20/2024 at 5:31 PM #240596
  JS

  When I use your original trading system, it does generate positions…

  I have set the number of contracts from 0.2 to 1…

  The signals are a bit “treacherous” for example the signal “b1” can remain valid for 20 bars so within 20 bars after the actual “trigger” more buy signals can follow…

  

  JS

  Participant

  Topics: 29

  Replies: 2380

  Been thanked: 1427 times
  11/20/2024 at 5:33 PM #240598
  robertogozzi

  Try rewriting line 3 this way:

  i11 = highest[100](high[1])

  1	i11 = highest[100](high[1])

  1 user thanked author for this post.

  Iván

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 17948

  Been thanked: 4545 times
• Author
  Posts