How to make entries on bias criteria created with indicators?

Entropydynamics · 2020-03-30T08:10:48+00:00

Hi I’d like some help in coding a strategy, using indicators that are already available on Pro-Real time. It consists of 1 Indicator to form Bias: if Yes then Long Only, if No then Short only. Entry Criteria: [Indicator 1 shows Positive And Indicator 2 shows Positive = Long Entry.] [Indicator 1 shows Negative And Indicator 2 shows Negative = Short Entry.] If Bias = Long And Entry Criteria = Long on Next Bar Open If someone is willing to help, then naturally I’ll disclose the Indicators. Thanks ED

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03/30/2020 at 9:10 AM #123879 quote

Entropydynamics
Participant

New

Hi

I’d like some help in coding a strategy, using indicators that are already available on Pro-Real time.

It consists of 1 Indicator to form Bias: if Yes then Long Only, if No then Short only.

Entry Criteria: [Indicator 1 shows Positive And Indicator 2 shows Positive = Long Entry.] [Indicator 1 shows Negative And Indicator 2 shows Negative = Short Entry.]

If Bias = Long And Entry Criteria = Long on Next Bar Open

If someone is willing to help, then naturally I’ll disclose the Indicators.

Thanks

ED

03/30/2020 at 9:13 AM #123881 quote

Nicolas
Keymaster

Legend

I need help to stop people opening topics with the same title “i need help to code …”. If someone has a good and efficient way for that? 😆

03/30/2020 at 9:20 AM #123883 quote

Entropydynamics
Participant

New

OK, clearly Im new and made a common post. I wanted to be straight to the point and gave an overview of what I was looking for.

Not to be rude, but the sarcasm isnt ideal.

03/30/2020 at 9:30 AM #123885 quote
Nicolas
Keymaster

Legend
Sorry for being sarcastic! I will change the title and help you for sure.

Difficult to give you a perfect example, but you can code boolean variables (true or false) like this for instance:
```
rsiAbove50 = rsi[14]>50
```
or
```
rsiRising = rsi[14]>rsi[14][1] //rsi is superior from its previous value
```
or
```
rsiCross = rsi[14] crosses over 50
```
I encourage looking at the free course to start learning to program: Learning videos
03/30/2020 at 9:37 AM #123890 quote

Entropydynamics
Participant

New

Thanks for the reply, I’ll give it a try.

Would you know if its possible to have Daily Range Bars to confirm my Bias. EG: BUll range candle = Long only trades

And then have the Entry criteria look at RSI crossing 50 on Daily Price candles?
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How to make entries on bias criteria created with indicators?

ProOrder: Automated Strategies & Backtesting

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Entropydynamics @entropydynamics Participant

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This topic contains 4 replies,
has 2 voices, and was last updated by Entropydynamics
6 years, 6 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	03/30/2020
Status:	Active
Attachments:	No files