THE INDICATOR IS A LONG SHORT SYSTEM FOR EVERY MARKET.
I USE THIS FOR THE TRADING SYSTEM:
// Festlegen der Code-Parameter
DEFPARAM CumulateOrders = False // Kumulieren von Positionen deaktiviert
// Bedingungen zum Einstieg in Long-Positionen
indicator1, ignored = CALL WAVE
c1 = (indicator1 >= 1)
IF c1 THEN
BUY 1 SHARES AT MARKET
ENDIF
// Bedingungen zum Einstieg in Short-Positionen
ignored, indicator2 = CALL WAVE
c2 = (indicator2 <= -1)
IF c2 THEN
SELLSHORT 1 SHARES AT MARKET
ENDIF
// Stops und Targets
SET STOP %TRAILING 0.5
Hi nepu77, thanks for sharing your trading strategy code with us, this is very kind of you. I moved it from the pending post of the library to the forum because the code of indicator is not open source. If you don’t want to share the code, that’s not a problem for me, but it could be interesting to know how it is functioning in order to detect the waves you are using in order to enter the market. Thanks again.
Do you have any back tests with tick by tick data?
It is ok for me the share also the Code. I Need a bit help and I have now no Ideas to get it profitable. By Tickdata it does not work, but it Shows me it could be very interessting System.
this is the Code:
//COPYRIGHT ® BY JÜRGEN STRASSER; http://WWW.FUTURES-TRADING.INFO
once bars = 1
once block = 1
if barindex >= block11 + block then
block11 = 0
endif
if currentyear >=2021 and currentmonth >=01 then
abschaltung = 1
endif
if barindex >= MyIndex + bars then
MyLimitBuy = 0
endif
//////////////////////////////////////
c2 = (close[2]>open[2])[0]
c3 = close[1]<=open[1]
c5 = highest[2](high)
Newlow=10000000
FOR a111 = 0 TO 4 DO
IF low[a111]<Newlow THEN
Newlow = low[a111]
ENDIF
NEXT
c7 = c5[1]<high
c10 = Newlow<low[1] and Newlow<low[0]
if block11 < 1 and abschaltung = 0 and ( MyLimitBuy <1 and c2 and c3 and c7 and c10)[0] then
indi = 1
MyLimitBuy = close
MyIndex = barindex
block11 = barindex
else
indi = 0
endif
a1 = (close[3]>open[3])[0]
a2 = close[2]<=open[2]
a5 = highest[3](high)
Newlow2=10000000
FOR a222 = 0 TO 5 DO
IF low[a222]<Newlow2 THEN
Newlow2 = low[a222]
ENDIF
NEXT
a7 = a5[1]<high
a10 = Newlow2<low[2] and Newlow2<low[1] and Newlow2<low[0]
if block11 < 1 and abschaltung = 0 and ( MyLimitBuy <1 and a1 and a2 and a7 and a10 )[0] then
indi2 = 1
MyLimitBuy = close
MyIndex = barindex
block11 = barindex
else
indi2 = 0
endif
b1 = (close[4]>open[4])[0]
b2 = close[3]<=open[3]
b6 = highest[4](high)
Newlow3=10000000
FOR a333 = 0 TO 6 DO
IF low[a333]<Newlow3 THEN
Newlow3 = low[a333]
ENDIF
NEXT
b8 = b6[1]<high
b12 = Newlow3< low[3] and Newlow3<low[2] and Newlow3<low[1] and Newlow3<low[0]
if block11 < 1 and abschaltung = 0 and ( MyLimitBuy <1 and b1 and b2 and b8 and b12 )[0] then
indi3 = 1
MyLimitBuy = close
MyIndex = barindex
block11 = barindex
else
indi3 = 0
endif
g1 = close[5]>open[5]
g2 = close[4]<=open[4]
g7 = highest[5](high)
Newlow4=10000000
FOR a444 = 0 TO 7 DO
IF low[a444]<Newlow4 THEN
Newlow4 = low[a444]
ENDIF
NEXT
g9 = g7[1]<high
g12 = Newlow4<low[4] and Newlow4<low[3] and Newlow4<low[2] and Newlow4<low[1] and Newlow4<low[0]
if block11 < 1 and abschaltung = 0 and ( MyLimitBuy <1 and g1 and g2 and g9 and g12 )[0] then
indi7 = 1
MyLimitBuy = close
MyIndex = barindex
block11 = barindex
else
indi7 = 0
endif
h1 = (close[6]>open[6])[0]
h2 = close[5]<=open[5]
h8 = highest[6](high)
Newlow5=10000000
FOR a555 = 0 TO 8 DO
IF low[a555]<Newlow5 THEN
Newlow5 = low[a555]
ENDIF
NEXT
h10 = h8[1]<high
h13 =Newlow5<low[5] and Newlow5<low[4] and Newlow5<low[3] and Newlow5<low[2] and Newlow5<low[1] and Newlow5<low[0]
if block11 < 1 and abschaltung = 0 and ( MyLimitBuy <1 and h1 and h2 and h10 and h13 )[0] then
indi8 = 1
MyLimitBuy = close
MyIndex = barindex
block11 = barindex
else
indi8 = 0
endif
j1 = (close[7]>open[7])[0]
j2 = close[6]<=open[6]
Newlow6=10000000
FOR a666 = 0 TO 9 DO
IF low[a666]<Newlow6 THEN
Newlow6 = low[a666]
ENDIF
NEXT
j8 = highest[7](high)
j10 = j8[1]<high
j13 = Newlow6<low[6] and Newlow6<low[5] and Newlow6<low[4] and Newlow6<low[3] and Newlow6<low[2] and Newlow6<low[1] and Newlow6<low[0]
if block11 < 1 and abschaltung = 0 and ( MyLimitBuy <1 and j1 and j2 and j10 and j13 )[0] then
indi9 = 1
MyLimitBuy = close
MyIndex = barindex
block11 = barindex
else
indi9 = 0
endif
n1 = (close[8]>open[8])[0]
n2 = close[7]<=open[7]
n8 = highest[8](high)
Newlow7=10000000
FOR a777 = 0 TO 10 DO
IF low[a777]<Newlow7 THEN
Newlow7 = low[a777]
ENDIF
NEXT
n10 = n8[1]<high
n13 = Newlow7<low[7] and Newlow7<low[6] and Newlow7<low[5] and Newlow7<low[4] and Newlow7<low[3] and Newlow7<low[2] and Newlow7<low[1] and Newlow7<low[0]
if block11 < 1 and abschaltung = 0 and ( MyLimitBuy <1 and n1 and n2 and n10 and n13 )[0] then
indi10 = 1
MyLimitBuy = close
MyIndex = barindex
block11 = barindex
else
indi10 = 0
endif
//return indi as “3er”, indi2 as “3er-2″, indi3 as”3er-3”, indi7 as “3er-4”, indi8 as “3er-5”, indi9 as “3er-6”, indi10 as “3er-7”
////////////////////////////////////////////////
hc2 = (close[2]<open[2])[0]
hc3 = close[1]>=open[1]
hc5 = lowest[2](low)
Newhighest=0
FOR ha111 = 0 TO 4 DO
IF High[ha111]>Newhighest THEN
Newhighest = High[ha111]
ENDIF
NEXT
hc7 = hc5[1]>low
hc10 = Newhighest>high[0]and Newhighest>high[1]
if block11 < 1 and abschaltung = 0 and ( MyLimitBuy <1 and hc2 and hc3 and hc7 and hc10 )[0] then
hindi = 1
MyLimitBuy = close
MyIndex = barindex
block11 = barindex
else
hindi = 0
endif
ha1 = (close[3]<open[3])[0]
ha2 = close[2]>=open[2]
ha5 = lowest[3](low)
Newhighest2=0
FOR ha222 = 0 TO 5 DO
IF High[ha222]>Newhighest2 THEN
Newhighest2 = High[ha222]
ENDIF
NEXT
ha7 = ha5[1]>low
ha10 = high[2]<Newhighest2 and high[1]<Newhighest2 and high[0]<Newhighest2
if block11 < 1 and abschaltung = 0 and( MyLimitBuy <1 and ha1 and ha2 and ha7 and ha10 )[0] then
hindi2 = 1
MyLimitBuy = close
MyIndex = barindex
block11 = barindex
else
hindi2 = 0
endif
hb1 = (close[4]<open[4])[0]
hb2 = close[3]>=open[3]
hb6 = lowest[4](low)
hb8 =hb6[1]>low
Newhighest3=0
FOR ha333 = 0 TO 6 DO
IF High[ha333]>Newhighest3 THEN
Newhighest3 = High[ha333]
ENDIF
NEXT
hb11 = Newhighest3>high[3] and Newhighest3>high[2] and Newhighest3>high[1] and Newhighest3>high[0]
if block11 < 1 and abschaltung = 0 and (MyLimitBuy <1 and hb1 and hb2 and hb8 and hb11)[0] then
hindi3 = 1
MyLimitBuy = close
MyIndex = barindex
block11 = barindex
else
hindi3 = 0
endif
hg1 = (close[5]<open[5])[0]
hg2 = close[4]>=open[4]
hg7 = lowest[5](low)
hg9 = hg7[1]>low
Newhighest4=0
FOR ha444 = 0 TO 7 DO
IF High[ha444]>Newhighest4 THEN
Newhighest4 = High[ha444]
ENDIF
NEXT
hg12 = Newhighest4>high[4] and Newhighest4>high[3] and Newhighest4>high[2] and Newhighest4>high[1] and Newhighest4>high[0]
if block11 < 1 and abschaltung = 0 and ( MyLimitBuy <1 and hg1 and hg2 and hg9 and hg12 )[0] then
hindi7 = 1
MyLimitBuy = close
MyIndex = barindex
block11 = barindex
else
hindi7 = 0
endif
hh1 = (close[6]<open[6])[0]
hh2 = close[5]>=open[5]
hh8 = lowest[6](low)
Newhighest5=0
FOR ha555 = 0 TO 8 DO
IF High[ha555]>Newhighest5 THEN
Newhighest5 = High[ha555]
ENDIF
NEXT
hh10 = hh8[1]>low
hh13 = Newhighest5>high[5] and Newhighest5>high[4] and Newhighest5>high[3] and Newhighest5>high[2] and Newhighest5>high[1] and Newhighest5>high[0]
if block11 < 1 and abschaltung = 0 and (MyLimitBuy <1 and hh1 and hh2 and hh10 and hh13 )[0] then
hindi8 = 1
MyLimitBuy = close
MyIndex = barindex
block11 = barindex
else
hindi8 = 0
endif
hi1 = (close[7]<open[7])[0]
hi2 = close[6]>=open[6]
hi8 = lowest[7](low)
Newhighest6=0
FOR ha666 = 0 TO 9 DO
IF High[ha666]>Newhighest6 THEN
Newhighest6 = High[ha666]
ENDIF
NEXT
hi10 = hi8[1]>low
hi13 = Newhighest6>high[6] and Newhighest6>high[5] and Newhighest6>high[4] and Newhighest6>high[3] and Newhighest6>high[2] and Newhighest6>high[1] and Newhighest6>high[0]
if block11 < 1 and abschaltung = 0 and ( MyLimitBuy <1 and hi1 and hi2 and hi10 and hi13 )[0] then
hindi9 = 1
MyLimitBuy = close
MyIndex = barindex
block11 = barindex
else
hindi9 = 0
endif
hj1 = (close[8]<open[8])[0]
hj2 = close[7]>=open[7]
hj9 = lowest[8](low)
Newhighest7=0
FOR ha777 = 0 TO 10 DO
IF High[ha777]>Newhighest7 THEN
Newhighest7 = High[ha777]
ENDIF
NEXT
hj11 = hj9[1]>low
hj13 = Newhighest7>high[7] and Newhighest7>high[6] and Newhighest7>high[5] and Newhighest7>high[4] and Newhighest7>high[3] and Newhighest7>high[2] and Newhighest7>high[1] and Newhighest7>high[0]
if block11 < 1 and abschaltung = 0 and ( MyLimitBuy <1 and hj1 and hj2 and hj11 and hj13 )[0] then
hindi10 = 1
MyLimitBuy = close
MyIndex = barindex
block11 = barindex
else
hindi10 = 0
endif
//return indi as “3er”, indi2 as “3er-2″, indi3 as”3er-3”, indi7 as “3er-4”, indi8 as “3er-5″, indi9 as”3er-6”, indi10 as “3er-7”
if abschaltung = 0 and timer1 = 1 and longindex >=1 and close[2]<open[2] and close[1]>open[1] then
all = lowest[3](low)
endif
if abschaltung = 0 and timer1 = 1 and shortindex >=1 and close[2]>open[2] and close[1]<open[1] then
al2 = highest[3](high)
endif
if barindex >= timer + 3 then
timer1 = 1
endif
once longindex =0
once shortindex =0
once barslong = 50000
once barsshort = 50000
if not shortindex >=1 and abschaltung = 0 and (hindi=1 OR hindi10=1 OR hindi2=1 OR hindi3=1 OR hindi7=1 OR hindi8=1 OR hindi9=1 ) then
timer1 = 0
timer = barindex
al2 = highest[10](high)
shortindex = Barindex
longindex = 0
pause = 0
endif
if shortindex >=1 and CLOSE>al2[0] and not longindex >=1and abschaltung = 0 then
shortindex = 0
pause = 1
endif
IF BarIndex >= shortindex + barsshort THEN
shortindex = 0
ENDIF
if not longindex >=1 and abschaltung = 0 and (indi=1 OR indi2=1 OR indi3=1 OR indi7=1 OR indi8=1 OR indi9=1 OR indi10=1) then
timer1 = 0
timer = barindex
all = lowest[10](low)
longindex = Barindex
shortindex = 0
pause = 0
endif
if longindex >=1 and CLOSE<all[0] and not shortindex >=1and abschaltung = 0 then
longindex =0
pause = 1
endif
IF BarIndex >= longindex + barslong THEN
longindex = 0
ENDIF
vc3 = highest[10](high)
vc4 = lowest[10](low)
if pause = 1 and vc3[1]<high and abschaltung = 0 then
timer1 = 0
timer = barindex
longindex = barindex
all = lowest[5](low)
shortindex = 0
pause = 0
endif
if pause = 1 and vc4[1]>low and abschaltung = 0 then
timer1 = 0
timer = barindex
shortindex = barindex
al2 = highest[5](high)
longindex = 0
pause = 0
endif
if not longindex >=1 and shortindex >=1 and high>vc3[1] and abschaltung = 0 then
timer1 = 0
timer = barindex
longindex = barindex
shortindex = 0
all = lowest[10](low)
pause = 0
endif
if not shortindex >=1 and longindex >=1 and low<vc4[1] and abschaltung = 0 then
timer1 = 0
timer = barindex
shortindex = barindex
longindex = 0
al2 = highest[10](high)
pause = 0
endif
if longindex >=1 and abschaltung = 0 then
long =1
endif
if longindex=0 and abschaltung = 0 then
long =0
endif
if shortindex >=1 and abschaltung = 0 then
short = -1
endif
if shortindex =0 and abschaltung = 0 then
short = 0
endif
if long = 1 and abschaltung = 0 then
BACKGROUNDCOLOR (255,255,0,25)
drawtext(“▪”,barindex,all[0],dialog,standard,10) coloured(255,0,0,50)
endif
if short = -1 and abschaltung = 0 then
BACKGROUNDCOLOR (255,0,0,25)
drawtext(“▪”,barindex,al2[0],dialog,standard,10) coloured(255,0,0,50)
endif
return long as “long”, short as “short”
>> For clarity of messages on ProRealCode’s forums, please use the “insert code PRT” button to separate the text of the code part! Thank you! <<
🙂
it does not work
You know it’s an Indicator right? Not an Auto-System?
Anyway attached is the code working as an Auto-System with results attached .
Spread = 2 so it would not make any money currently (without changes) as spread = 10 ish on the DJI.
PaulParticipant
Master
@nepu77 a very interesting concept! Thanks for posting.
Thank you very much for the concept Nepu. Be careful, as pointed out Nonetheless, your backtest is not in tick by tick. Attached is the backtest of your initial strategy on Dax in daily.
Sorry, my mistake, you were on the DJ, which is much better. Attached in tick by tick
Attached in tick by tick
Are we all talking about the Long / Short Waves Systems here or what?? 🙂
Yes Grahal, sorry if my message is not clear, I edited it. I used the code of the strategy indicated in the first post + the indicator Wave-1.itf on DJ, daily, spread 2 in tick by tick.
The System I have written Comes from Elliottwave or in Germany there is “Markttechnik” but with new Ideas.
When you use the 1 Day Chart, you have on every Market 80% of the Day-Range. This is a Backtest with 0.5% Takeprofit.
I think that´s very very good. But it is Nothing to earn Money and that´s not what i can understand.
So I think we only Need a good way for Stops
@nepu77 as the other guys told you, i also suggest to do your backtests enabling the tick by tick mode.
And how you can see i am not a good coder , and i have no ideas anymore to get a super system
I have managed to backtest by tick by tick mode, only from August 2018 to today.
Before August 2018 there must be some “data holes” that generate errors…
Here is the result attached. I modified the trailing stop to 0.25%
Basically it takes position every night and cut the loss very quickly. I dont know what to think.
@nepu77 did you create the code for the indicator yourself ?
@Roger thank you … this are the Tipps I Need .
Yes it is all by my own … also the idea
