SCALPING STRATEGY (VWAP/MACD35)

• 08/13/2021 at 10:26 AM #175225
  efahmy

  VWAP/MACD35

  DEFPARAM CumulateOrders = True // Cumulating positions activated // Definition of code parameters SL = AverageTrueRange[14](close) * 2.0 PT = SL * 1.5 STEPFACTOR1 = 0.5 STEPFACTOR2 = 0.25 //VWAP calculation // NoSunday = 0 //1=skip Sunday's IF (BarIndex = 0) OR (OpenDay <> OpenDay[1]) THEN SumVolPrice = 0 SumVol = 0 ENDIF IF Volume > 0 THEN IF (OpenDayOfWeek <> 0) OR (OpenDayOfWeek = 0 AND Not NoSunday) THEN SumVolPrice = SumVolPrice + (Volume * close) SumVol = SumVol + Volume VWAP = SumVolPrice / SumVol ENDIF ENDIF indicator1 = MACDline[5,35,5](close) indicator2 = MACDSignal[5,35,5](close) timeframe(DEFAULT) // Conditions to enter long positions IF close > VWAP AND indicator1 CROSSES OVER indicator2 THEN BUY 10 CONTRACT AT MARKET ENDIF IF close < VWAP AND indicator1 CROSSES UNDER indicator2 THEN SELLSHORT 10 CONTRACT AT MARKET // Stops and targets SET STOP pTRAILING SL SET TARGET pPROFIT PT //====== Trailing Stop mechanism - start ===== trailingstart = (stepfactor1 * SL ) trailingstep = (stepfactor2 * SL ) //resetting variables when no trades are on market if not onmarket then priceexit = 0 endif //case LONG order if longonmarket then //first move (breakeven) IF priceexit=0 AND close-tradeprice(1) >= trailingstart*pointsize THEN priceexit = tradeprice(1) + trailingstep*pointsize ENDIF //next moves IF priceexit>0 THEN P2 = close-priceexit >= trailingstart*pointsize IF P2 THEN priceexit = priceexit + trailingstep*pointsize ENDIF ENDIF ENDIF //case SHORT order if shortonmarket then //first move (breakeven) IF priceexit=0 AND tradeprice(1)-close >= trailingstart*pointsize THEN priceexit = tradeprice(1) - trailingstep*pointsize ENDIF //next moves IF priceexit>0 THEN P2 = priceexit-close >= trailingstart*pointsize IF P2 THEN priceexit = priceexit - trailingstep*pointsize ENDIF ENDIF ENDIF //exit on trailing stop price levels if onmarket and priceexit>0 then EXITSHORT AT priceexit STOP SELL AT priceexit STOP ENDIF //====== Trailing Stop mechanism - end =====

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  DEFPARAM CumulateOrders = True // Cumulating positions activated // Definition of code parameters SL = AverageTrueRange[14](close) * 2.0 PT = SL * 1.5 STEPFACTOR1 = 0.5 STEPFACTOR2 = 0.25 //VWAP calculation // NoSunday = 0            //1=skip Sunday's IF (BarIndex = 0) OR (OpenDay <> OpenDay[1]) THEN SumVolPrice = 0 SumVol      = 0 ENDIF IF Volume > 0 THEN IF (OpenDayOfWeek <> 0) OR (OpenDayOfWeek = 0 AND Not NoSunday) THEN SumVolPrice = SumVolPrice + (Volume * close) SumVol      = SumVol      + Volume VWAP        = SumVolPrice / SumVol ENDIF ENDIF indicator1 = MACDline[5,35,5](close) indicator2 = MACDSignal[5,35,5](close) timeframe(DEFAULT) // Conditions to enter long positions IF close > VWAP AND indicator1 CROSSES OVER indicator2 THEN BUY 10 CONTRACT AT MARKET ENDIF IF close < VWAP AND indicator1 CROSSES UNDER indicator2 THEN SELLSHORT 10 CONTRACT AT MARKET // Stops and targets SET STOP pTRAILING SL SET TARGET pPROFIT PT //====== Trailing Stop mechanism - start ===== trailingstart = (stepfactor1 * SL ) trailingstep = (stepfactor2 * SL ) //resetting variables when no trades are on market if not onmarket then priceexit = 0 endif   //case LONG order if longonmarket then   //first move (breakeven) IF priceexit=0 AND close-tradeprice(1) >= trailingstart*pointsize THEN priceexit = tradeprice(1) + trailingstep*pointsize ENDIF //next moves IF priceexit>0 THEN P2 = close-priceexit >= trailingstart*pointsize IF P2 THEN priceexit = priceexit + trailingstep*pointsize ENDIF ENDIF ENDIF //case SHORT order if shortonmarket then //first move (breakeven) IF priceexit=0 AND tradeprice(1)-close >= trailingstart*pointsize THEN priceexit = tradeprice(1) - trailingstep*pointsize ENDIF //next moves IF priceexit>0 THEN P2 = priceexit-close >= trailingstart*pointsize IF P2 THEN priceexit = priceexit - trailingstep*pointsize ENDIF ENDIF ENDIF //exit on trailing stop price levels if onmarket and priceexit>0 then EXITSHORT AT priceexit STOP SELL AT priceexit STOP ENDIF //====== Trailing Stop mechanism - end =====

  Could you please, check this code.

  

  efahmy

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  08/13/2021 at 10:36 AM #175227
  robertogozzi

  ENDIF is missing between lines 29 and 30.

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  efahmy

  

  robertogozzi

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  08/13/2021 at 10:48 AM #175228
  efahmy

  VWAP/MACD35 Adjusted

  DEFPARAM CumulateOrders = True // Cumulating positions activated // Definition of code parameters SL = AverageTrueRange[14](close) * 2.0 PT = SL * 1.5 STEPFACTOR1 = 0.5 STEPFACTOR2 = 0.25 //VWAP calculation // NoSunday = 0 //1=skip Sunday's IF (BarIndex = 0) OR (OpenDay <> OpenDay[1]) THEN SumVolPrice = 0 SumVol = 0 ENDIF IF Volume > 0 THEN IF (OpenDayOfWeek <> 0) OR (OpenDayOfWeek = 0 AND Not NoSunday) THEN SumVolPrice = SumVolPrice + (Volume * close) SumVol = SumVol + Volume VWAP = SumVolPrice / SumVol ENDIF ENDIF indicator1 = MACDline[5,35,5](close) indicator2 = MACDSignal[5,35,5](close) timeframe(DEFAULT) // Conditions to enter long positions IF close > VWAP AND indicator1 CROSSES OVER indicator2 THEN BUY 10 CONTRACT AT MARKET ENDIF IF close < VWAP AND indicator1 CROSSES UNDER indicator2 THEN SELLSHORT 10 CONTRACT AT MARKET ENDIF // Stops and targets SET STOP pTRAILING SL SET TARGET pPROFIT PT //====== Trailing Stop mechanism - start ===== trailingstart = (stepfactor1 * SL ) trailingstep = (stepfactor2 * SL ) //resetting variables when no trades are on market if not onmarket then priceexit = 0 endif //case LONG order if longonmarket then //first move (breakeven) IF priceexit=0 AND close-tradeprice(1) >= trailingstart*pointsize THEN priceexit = tradeprice(1) + trailingstep*pointsize ENDIF //next moves IF priceexit>0 THEN P2 = close-priceexit >= trailingstart*pointsize IF P2 THEN priceexit = priceexit + trailingstep*pointsize ENDIF ENDIF ENDIF //case SHORT order if shortonmarket then //first move (breakeven) IF priceexit=0 AND tradeprice(1)-close >= trailingstart*pointsize THEN priceexit = tradeprice(1) - trailingstep*pointsize ENDIF //next moves IF priceexit>0 THEN P2 = priceexit-close >= trailingstart*pointsize IF P2 THEN priceexit = priceexit - trailingstep*pointsize ENDIF ENDIF ENDIF //exit on trailing stop price levels if onmarket and priceexit>0 then EXITSHORT AT priceexit STOP SELL AT priceexit STOP ENDIF //====== Trailing Stop mechanism - end =====

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  DEFPARAM CumulateOrders = True // Cumulating positions activated // Definition of code parameters SL = AverageTrueRange[14](close) * 2.0 PT = SL * 1.5 STEPFACTOR1 = 0.5 STEPFACTOR2 = 0.25 //VWAP calculation // NoSunday = 0            //1=skip Sunday's IF (BarIndex = 0) OR (OpenDay <> OpenDay[1]) THEN SumVolPrice = 0 SumVol      = 0 ENDIF IF Volume > 0 THEN IF (OpenDayOfWeek <> 0) OR (OpenDayOfWeek = 0 AND Not NoSunday) THEN SumVolPrice = SumVolPrice + (Volume * close) SumVol      = SumVol      + Volume VWAP        = SumVolPrice / SumVol ENDIF ENDIF indicator1 = MACDline[5,35,5](close) indicator2 = MACDSignal[5,35,5](close) timeframe(DEFAULT) // Conditions to enter long positions IF close > VWAP AND indicator1 CROSSES OVER indicator2 THEN BUY 10 CONTRACT AT MARKET ENDIF IF close < VWAP AND indicator1 CROSSES UNDER indicator2 THEN SELLSHORT 10 CONTRACT AT MARKET ENDIF // Stops and targets SET STOP pTRAILING SL SET TARGET pPROFIT PT //====== Trailing Stop mechanism - start ===== trailingstart = (stepfactor1 * SL ) trailingstep = (stepfactor2 * SL ) //resetting variables when no trades are on market if not onmarket then priceexit = 0 endif //case LONG order if longonmarket then //first move (breakeven) IF priceexit=0 AND close-tradeprice(1) >= trailingstart*pointsize THEN priceexit = tradeprice(1) + trailingstep*pointsize ENDIF //next moves IF priceexit>0 THEN P2 = close-priceexit >= trailingstart*pointsize IF P2 THEN priceexit = priceexit + trailingstep*pointsize ENDIF ENDIF ENDIF //case SHORT order if shortonmarket then //first move (breakeven) IF priceexit=0 AND tradeprice(1)-close >= trailingstart*pointsize THEN priceexit = tradeprice(1) - trailingstep*pointsize ENDIF //next moves IF priceexit>0 THEN P2 = priceexit-close >= trailingstart*pointsize IF P2 THEN priceexit = priceexit - trailingstep*pointsize ENDIF ENDIF ENDIF //exit on trailing stop price levels if onmarket and priceexit>0 then EXITSHORT AT priceexit STOP SELL AT priceexit STOP ENDIF //====== Trailing Stop mechanism - end =====

   

  

  efahmy

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