Reversal System written in exact VBA code

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  • 07/01/2022 at 10:26 PM #196573 quote
    oyinloyea
    Participant
    Veteran

    Kindly change to Prorealcode. Thanks in advance

    #System
    #PARAM “Wick_Multiplier”, 2.5, .5, 20
    #PARAM “Body_Percentage”, .25, .1, 1
    If C > O _
    AND (O – L) >= ((C – O) * Wick_Multiplier) _
    AND (H – C) <= ((H – L) * Body_Percentage) _
    OR C < O _
    AND (C – L) >= ((O – C) * Wick_Multiplier) _
    AND (H – C) <= ((H – L) * Body_Percentage) _
    OR C = O AND NOT C = H _
    AND (H – L) >= ((H – C) * Wick_Multiplier) _
    AND (H – C) <= ((H – L) * Body_Percentage) _
    OR O = H AND C = H _
    AND H – L >= AVG(H-L, 50) Then
    Signal = LongSignal
    ElseIf C < O _
    AND (H – O) >= ((O – C) * Wick_Multiplier) _
    AND (C – L) <= ((H – L) * Body_Percentage) _
    OR C > O _
    AND (H – C) >= ((C – O) * Wick_Multiplier) _
    AND (C – L) <= ((H – L) * Body_Percentage) _
    OR C = O AND NOT C = L _
    AND (H – L) >= ((C – L) * Wick_Multiplier) _
    AND (C – L) <= ((H – L) * Body_Percentage) _
    OR O = L AND C = L _
    AND H – L >= AVG(H-L, 50) Then
    Signal = ShortSignal
    End If

    07/02/2022 at 7:17 AM #196593 quote
    JS
    Participant
    Senior
    WickMultiplier = 2.5 // min 0.5, max 20
BodyPercentage = .25 // min 0.1, max 1

TopBody = max(close, open)

BottomBody = min(close, open)

BodySize = TopBody - BottomBody

TopWickSize = high - TopBody

BottomWickSize = BottomBody - low

WickRange = Average[50](high - low)

BullSignal = (BottomWickSize > (WickMultiplier*BodySize)) and (close > (low + (WickRange*(1-BodyPercentage))))

BearSignal = (TopWickSize > (WickMultiplier*BodySize)) and (close < (low + (WickRange*BodyPercentage)))

Return BullSignal as "BullSignal" Coloured(0,255,0) , BearSignal as "BearSignal" Coloured(255,0,0)

    Hi @oyinloyea

    I converted the code into a slightly more understandable version.

    oyinloyea thanked this post
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Reversal System written in exact VBA code


ProBuilder: Indicators & Custom Tools

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oyinloyea @oyinloyea Participant
Summary

This topic contains 1 reply,
has 2 voices, and was last updated by JS
3 years, 7 months ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 07/01/2022
Status: Active
Attachments: No files
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