oil-10min-hammernegated-pattern-strategy

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Viewing 15 posts - 16 through 30 (of 94 total)
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  • 07/14/2017 at 7:02 AM #40604
    miguel33

    Kenneth , In fact I had asked Francesco, even for not writing here.

    07/14/2017 at 9:01 AM #40609
    Francesco78

    Hi Carras:

    Carras wrote:

    here 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 ?

    Yes that is correct there is not global stop, you can add a stop as suggested by Kenneth. 18 and 24 came from optimization.

    Regards

     

    1 user thanked author for this post.
    avatar Carras
    07/14/2017 at 9:04 AM #40610
    Francesco78
    miguel33 wrote:

    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

    Hi Miguel.

     

    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)/(high-low)>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)>x
    cl = hammerdown and hammerdownnegated and bull

    if cs then
    sellshort p contract at market
    endif

    if cl then
    buy p contract at market
    endif

     

    The code looks for hammerstyle candle that are negate in the following candle i.e you have an hammer up and then you have a candle whose body is all below the body of the hammer up candle. There are also momentum filter as below:

    av1 = average[5](close)
    av2 = average[10](close)
    av3 = average[50](close)
    bull = close> av1 and close >av2 and close > av3
    bear = close <av1 and close <av2 and close <av3

     

    Hope this help

    Best

    Francesco

    07/14/2017 at 9:10 AM #40611
    Stenozar

    Hi Francesco,

    this strategy is very interesting; do you have a last version of the code?

    Thanks!

    07/14/2017 at 9:12 AM #40612
    Francesco78

    Thanks Stenozar, havent changed anything from the one I posted at the beginnning, you can use that.

    Regards

    Francesco

    07/14/2017 at 9:37 AM #40613
    Kenneth Kvistad

    The initial code that francesco78 posted is still the original one. But some of us(like me) gets a divition zero error when we run it in autotrading. This might be fixed with the last solutiin francesco78 wrote. But seems like I still have to wait until next week to get a tradingopertunety and veryfi that the fix was good.

    07/14/2017 at 9:53 AM #40620
    miguel33

    Thank you Francesco,
    Did you even have an indicator?

    07/16/2017 at 7:45 PM #40819
    enzo_52

    hi, Francesco…  what is the average profit ?

    it is very important..you need to know if the TS can be in gain with slippage and trading fee..

    thanks in advance

    07/16/2017 at 9:02 PM #40824
    Francesco78

    hi Enzo, you can find the average profit by running the backtest and looking at the details.

    regards

    Francesco

     

    07/17/2017 at 9:39 AM #40842
    miguel33
    error
    07/17/2017 at 9:50 AM #40844
    Francesco78
    Francesco78 wrote:

    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

     

    07/17/2017 at 11:18 AM #40850
    Kenneth Kvistad

    How is your backtest with your fix francisco78?

    When I use this upgrade/fix the system changes quite abit.

    Can I use 0.001 insted?

    1 user thanked author for this post.
    avatar Francesco78
    07/17/2017 at 11:35 AM #40853
    Francesco78

    Doesnt change much, the smaller the twick the better in my opinion. Have you tried it live with the trick? Doest it work properly?

    Best

    07/17/2017 at 5:54 PM #40886
    Kenneth Kvistad

    Still waiting for a automaded trade with juanj’s fix.

    I just tested your fix in backtest and it got from 2 max losses to 4.

    Havent done so much more then that, just waiting for new trade  at the moment 🙂

    07/17/2017 at 8:10 PM #40901
    Paris

    hi all ,

    thanks for the system francesco .

    i ve put three version in live , in demo but in live .

    i ve put a stop loss at 100 in a system and 190 in another and the results are a little better .

    but for me the problem is that system only works on crude ( oil …) .

    I va tried indices ( france , germany and wall street ….) in several timeframes ans no one seems to work well …..

    Does anyone found something were the system works well ?

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