oil-10min-hammernegated-pattern-strategy

• 07/11/2017 at 10:42 AM #40331
  Francesco78

  Hello everyone, as suggested by Grahal I’m opening a forum thread dedicated to my last posted strategy on oil.

  http://www.prorealcode.com/prorealtime-trading-strategies/oil-10min-hammernegated-pattern-strategy/

  Happy to compare results but most of all to hear your criticism in order to be able to improve in the spirit of this forum.

  Best

  Francesco

  

  Francesco78

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  07/11/2017 at 11:28 AM #40341
  Ronny

  Hello,

  I was thinking about the division by zero problem running this strategy. I would guess the (high-low) statement below would be the source of the error?

  This was suggested as a correction:

  hammerupnegated= max(open,close)<min(open[1],close[1]) and abs(open-close)/((high-low)*1)>x

  1	hammerupnegated= max(open,close)<min(open[1],close[1]) and abs(open-close)/((high-low)*1)>x

  But zero times 1 is still zero i would guess?? An IF-test would fix this, but I was wondering if there was another permanent fix?

   

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  Francesco78

  

  Ronny

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  07/11/2017 at 12:17 PM #40347
  juanj

  I would suggest using

  If (high-low) = 0 Then HiLo = 1 Else HiLo = (high-low) EndIf hammerupnegated= max(open,close)<min(open[1],close[1]) and (abs(open-close)/HiLo)>0.5

  1 2 3 4 5 6 7

  If (high-low) = 0 Then HiLo = 1 Else HiLo = (high-low) EndIf   hammerupnegated= max(open,close)<min(open[1],close[1]) and (abs(open-close)/HiLo)>0.5

   

   

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  jaumeso, Ronny, Andyswede, George Michael, Francesco78

  

  juanj

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  07/11/2017 at 5:50 PM #40378
  Kenneth Kvistad

  I was testing the strategy but also got the Zero Division last night so I have started it again with the fix from Andyswede:

  hammerupnegated= max(open,close)<min(open[1],close[1]) and abs(open-close)/((high-low)*1)>x
  cs = hammerup and hammerupnegated and bear
  hammerdown = max(open[1],close[1])<low[1]+(high[1]-low[1])/3 //and timeok
  hammerdownnegated = min(open,close)>max(open[1],close[1]) and abs(open-close)/((high-low)*1)>x

  And hope it works fine.(have to wait some days since it doesent buy to offen.

  —————————————————————————————

  I have also tested on the backtest with this addition:

  NbrContracts = 2 //need a value for the first trade
  IF PositionPerf(1) < 0 THEN
  NbrContracts = 2
  ENDIF
  IF PositionPerf(1) > 0 and PositionPerf(2) > 0 THEN
  NbrContracts = 3

   

  Buy 3 after second win and buy 2 after first loss.

  ---

  I also tested it with some sort of martin gale strategy for fun.

  IF Barindex = ExitIndex + 1 THEN
  ExitIndex = 0
  IF PositionPerf(1) < 0 THEN
  OrderSize = MAX(OrderSize -0.5, 1)
  ELSIF PositionPerf(1) >= 0 THEN
  OrderSize = OrderSize +0.2
  ENDIF
  endif

   

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  Kenneth Kvistad

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  07/11/2017 at 7:34 PM #40383
  Andyswede

  Hi Kenneth, it  didn´t work, just a little bit longer 🙂 And as Ronny said, it´s still divided by zero, my wrong. I`m trying Juanj:s fix.

  Thanks for your fix Juanj and of course Francesco for really nice strategy 🙂

  Andy

  

  Andyswede

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  07/11/2017 at 8:05 PM #40385
  Kenneth Kvistad

  Is this the same as you are trying Andyswede?

  If (high-low) = 0 Then HiLo = 1 Else HiLo = (high-low) EndIf hammerup = min(open[1],close[1])>high[1]-(high[1]-low[1])/3 //and timeok hammerupnegated= max(open,close)<min(open[1],close[1]) and (abs(open-close)/HiLo)>0.5 cs = hammerup and hammerupnegated and bear hammerdown = max(open[1],close[1])<low[1]+(high[1]-low[1])/3 //and timeok hammerdownnegated = min(open,close)>max(open[1],close[1]) and (abs(open-close)/HiLo)>0.5 cl = hammerdown and hammerdownnegated and bull

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  If (high-low) = 0 Then HiLo = 1 Else HiLo = (high-low) EndIf     hammerup = min(open[1],close[1])>high[1]-(high[1]-low[1])/3 //and timeok hammerupnegated= max(open,close)<min(open[1],close[1]) and (abs(open-close)/HiLo)>0.5 cs = hammerup and hammerupnegated and bear hammerdown = max(open[1],close[1])<low[1]+(high[1]-low[1])/3 //and timeok hammerdownnegated = min(open,close)>max(open[1],close[1]) and (abs(open-close)/HiLo)>0.5 cl = hammerdown and hammerdownnegated and bull

  

  Kenneth Kvistad

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  07/11/2017 at 8:30 PM #40386
  Andyswede

  Yes Kenneth, that´s the one, my fix stopped this morning

  

  Andyswede

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  07/11/2017 at 9:10 PM #40387
  Kenneth Kvistad

  So this last update from Juanj might work ?

  Anyway we cant give up now. Fransisco78`s strategy seems Very good:) Thanx again.

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  Kenneth Kvistad

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  07/12/2017 at 3:38 PM #40457
  miguel33

  To me this morning did not do any operation

  

  miguel33

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  07/12/2017 at 3:48 PM #40461
  miguel33

  Francesco puoi darmi un tuo indirizzo mail , ho bisogno di chiederti una cosa… se vuoi ovviamente. Grazie.

  EDIT: NO EMAIL PLEASE

  PLEASE SPEAK ENGLISH IN ENGLISH FORUM!

  

  miguel33

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  07/13/2017 at 11:46 AM #40546
  Francesco78

  hi guys, thank you for the work you are doing, I did not have this division by zero problem, but maybe you could just try to modify the formula like this

  max(open,close)<min(open[1],close[1]) and abs(open–close)/((high–low+0.0000001))>x?

  Doesnt change the idea underlying idea and should work as a trick?

  Best

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  Francesco78

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  07/13/2017 at 3:08 PM #40572
  Kenneth Kvistad

  Thats great.I will test this:)

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  Kenneth Kvistad

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  07/13/2017 at 3:54 PM #40573
  miguel33

  Kenneth or Francesco ,

  You can describe the conditions, i want to try to im metatrader and see the differences.
  Thank you for your contribution.

  mik

  

  miguel33

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  07/13/2017 at 8:18 PM #40586
  Carras

  //TRAILING STOP TGL =18 TGS= 24 if not onmarket then MAXPRICE = 0 MINPRICE = close PRICEEXIT = 0 ENDIF if longonmarket then MAXPRICE = MAX(MAXPRICE,close) if MAXPRICE-tradeprice(1)>=TGL*pointsize then PRICEEXIT = MAXPRICE-TGL*pointsize ENDIF ENDIF if shortonmarket then MINPRICE = MIN(MINPRICE,close) if tradeprice(1)-MINPRICE>=TGS*pointsize then PRICEEXIT = MINPRICE+TGS*pointsize ENDIF ENDIF if onmarket and PRICEEXIT>0 then EXITSHORT AT PRICEEXIT STOP SELL AT PRICEEXIT STOP ENDIF

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  //TRAILING STOP TGL =18 TGS= 24 if not onmarket then MAXPRICE = 0 MINPRICE = close PRICEEXIT = 0 ENDIF if longonmarket then MAXPRICE = MAX(MAXPRICE,close) if MAXPRICE-tradeprice(1)>=TGL*pointsize then PRICEEXIT = MAXPRICE-TGL*pointsize ENDIF ENDIF if shortonmarket then MINPRICE = MIN(MINPRICE,close) if tradeprice(1)-MINPRICE>=TGS*pointsize then PRICEEXIT = MINPRICE+TGS*pointsize ENDIF ENDIF if onmarket and PRICEEXIT>0 then EXITSHORT AT PRICEEXIT STOP SELL AT PRICEEXIT STOP ENDIF

   

  Hi

  Being new to coding, Am I correct in thinking that there is no stop if the price moves immediately against any new trade position? (either long or short).

  Also i’d be interested in hear how you decided on TGL = 18 and TGS = 24 ?

  Many thanks

  

  Carras

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  07/13/2017 at 10:25 PM #40597
  Kenneth Kvistad

  MIGUEL33 what you are asking for is a question for francesco78.

  Carras: if price goes directly againt target after taken there is no stop loss. Tgl and tgs is only active is price moves xx pips in righ direction. Then the stop will move accordingly to price. Lets say price goes 50pips, then stoploss will be 18 or 24 pips behind/under.

   

  Why 18 and 24 is something francesco78 have coded after his toughts. I use 30 and 20 or so. Slight diffrens.

  If you whant/should after my opinion i use own code for stop loss just incase it goes directly in wrong direction, I use this code as my last rung/line in the code.

   

  Set stop ploss xx (I use 110pip)

   

   

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  Kenneth Kvistad

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