Strategy in the making – The student

• 08/30/2020 at 12:13 AM #142946
  jebus89

  Hi all, coming at you with this strategy using the latest indicator in the library by @IV Mcm with an added bonus: I added K= 1 for bull trends and k = -1 for bear trends, just so its easier to call. You then need to add a bollinger band on the MM3 line with the settings “Period: 10 + STD: 1”

   

  Indicator here:

  // //============================== Indicateur Trend1 = ADX[5] Trend2 = ADX[10] Trend3 = ADX[15] Trend4 = ADX[20] Trend5 = ADX[25] Trend6 = ADX[30] Trend7 = ADX[35] Trend8 = ADX[40] Trend9 = ADX[45] Trend10 = ADX[50] MM = average[20](close) Bolup = MM+STD[20]*1.0 Boldw = MM-STD[20]*1.0 Bol1 = MM+STD[20]*1.0 Bol2 = MM-STD[20]*1.0 Bol3 = MM+STD[20]*2.0 Bol4 = MM-STD[20]*2.0 CMM1 = Bol1-MM CMM2 = MM-Bol2 CMM3 = Bol3-MM CMM4 = MM-Bol4 MM0 = average[1](close)-(close) MM1 = average[1](MM0)+(CMM1) MM2 = average[1](MM0)-(CMM2) MM3 = average[1](MM0)+(CMM3) MM4 = average[1](MM0)-(CMM4) TrendT1 = Trend1 > Trend1[1] TrendT2 = Trend2 > Trend2[1] TrendT3 = Trend3 > Trend3[1] TrendT4 = Trend4 > Trend4[1] TrendT5 = Trend5 > Trend5[1] TrendT6 = Trend6 > Trend6[1] TrendT7 = Trend7 > Trend7[1] TrendT8 = Trend8 > Trend8[1] TrendT9 = Trend9 > Trend9[1] TrendT10 = Trend10 > Trend10[1] Trend = TrendT1 or TrendT2 or TrendT3 or TrendT4 or TrendT5 or TrendT6 or TrendT7 or TrendT8 or TrendT9 or TrendT10 //============================== Trend Bullsih CA1 = close > MM and close > Bolup and Trend Bullsih = CA1 if Bullsih then A = 1 else A = 0 endif once k = 0 if A = 1 then drawcandle(MM2,MM1,MM2,MM1)coloured(28,144,194,50) R = 28 G = 144 B = 194 T = 250 k = 1 endif //============================== Trend Bearish CV1 = close < MM and close < Boldw and Trend Bearish = CV1 if Bearish then V = 1 else V = 0 endif if V = 1 then drawcandle(MM1,MM2,MM1,MM2)coloured(100,100,100,50) R = 100 G = 100 B = 100 T = 250 k = -1 endif //============================== No Trend if A = 0 and V = 0 then drawcandle(MM2,MM1,MM2,MM1)coloured(158,158,158,50) R = 158 G = 158 B = 158 T = 90 endif //============================== Bande Bolliger return MM0 coloured(R,G,B,T) style (line,2) as "Middle", MM1 coloured(R,G,B,T) style (line,2) as "MM1", MM2 coloured(R,G,B,T) style (line,2) as "MM2", MM3 coloured(R,G,B,T) style (line,2) as "MM3", MM4 coloured(R,G,B,T) style (line,2) as "MM4", k as "k"

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100

  // //============================== Indicateur   Trend1 = ADX[5] Trend2 = ADX[10] Trend3 = ADX[15] Trend4 = ADX[20] Trend5 = ADX[25] Trend6 = ADX[30] Trend7 = ADX[35] Trend8 = ADX[40] Trend9 = ADX[45] Trend10 = ADX[50]   MM = average[20](close) Bolup = MM+STD[20]*1.0 Boldw = MM-STD[20]*1.0 Bol1 = MM+STD[20]*1.0 Bol2 = MM-STD[20]*1.0 Bol3 = MM+STD[20]*2.0 Bol4 = MM-STD[20]*2.0   CMM1 = Bol1-MM CMM2 = MM-Bol2 CMM3 = Bol3-MM CMM4 = MM-Bol4   MM0 = average[1](close)-(close) MM1 = average[1](MM0)+(CMM1) MM2 = average[1](MM0)-(CMM2) MM3 = average[1](MM0)+(CMM3) MM4 = average[1](MM0)-(CMM4)   TrendT1 = Trend1 > Trend1[1] TrendT2 = Trend2 > Trend2[1] TrendT3 = Trend3 > Trend3[1] TrendT4 = Trend4 > Trend4[1] TrendT5 = Trend5 > Trend5[1] TrendT6 = Trend6 > Trend6[1] TrendT7 = Trend7 > Trend7[1] TrendT8 = Trend8 > Trend8[1] TrendT9 = Trend9 > Trend9[1] TrendT10 = Trend10 > Trend10[1] Trend = TrendT1 or TrendT2 or TrendT3 or TrendT4 or TrendT5 or TrendT6 or TrendT7 or TrendT8 or TrendT9 or TrendT10   //============================== Trend Bullsih       CA1 = close > MM and close > Bolup and Trend Bullsih = CA1   if Bullsih then A = 1 else A = 0 endif once k = 0 if A = 1 then drawcandle(MM2,MM1,MM2,MM1)coloured(28,144,194,50) R = 28 G = 144 B = 194 T = 250 k = 1 endif   //============================== Trend Bearish   CV1 = close < MM and close < Boldw and Trend Bearish = CV1   if Bearish then V = 1 else V = 0 endif   if V = 1 then drawcandle(MM1,MM2,MM1,MM2)coloured(100,100,100,50) R = 100 G = 100 B = 100 T = 250 k = -1 endif   //============================== No Trend   if A = 0 and V = 0 then drawcandle(MM2,MM1,MM2,MM1)coloured(158,158,158,50) R = 158 G = 158 B = 158 T = 90 endif   //============================== Bande Bolliger   return MM0 coloured(R,G,B,T) style (line,2) as "Middle", MM1 coloured(R,G,B,T) style (line,2) as "MM1", MM2 coloured(R,G,B,T) style (line,2) as "MM2", MM3 coloured(R,G,B,T) style (line,2) as "MM3", MM4 coloured(R,G,B,T) style (line,2) as "MM4", k as "k"

   

   

  heres the code for the strategy, no optimizing done, it looks very nice in different markets on higher timeframes.

  I just saw this tonight and seeing how its a community shared indicator i thought id share my findings using the bollinger bands.

  Obviously if you check more candles its not nearly as good, but its still in the profitable area and i think that with some more work, (maybe better entries, more filters/conditions + maybe a better exit, some money management, maybe some time limitations etc..) things could be looking good for this 🙂

   

   

  // Definition of code parameters // Made by JEBUS89, PRC forum, indicator by IV Mcm DEFPARAM CumulateOrders = False // Cumulating positions deactivated // Conditions to enter long positions ignored, ignored, ignored, indicator1, ignored, ignored = CALL BolStr(close) ignored, ignored, ignored, userindic1, ignored, ignored = CALL BolStr(close) indicator2 = Average[10](userindic1)+std[10](userindic1) c1 = (indicator1 > indicator2) ignored, ignored, ignored, ignored, ignored, indicator3 = CALL BolStr(close) c2 = (indicator3 = 1) IF c1 AND c2 THEN BUY 1 CONTRACT AT MARKET ENDIF // Conditions to exit long positions ignored, ignored, ignored, indicator4, ignored, ignored = CALL BolStr(close) ignored, ignored, ignored, userindic2, ignored, ignored = CALL BolStr(close) indicator5 = Average[10](userindic2)+std[10](userindic2) c3 = (indicator4 CROSSES UNDER indicator5) IF c3 THEN SELL AT MARKET ENDIF // Stops and targets SET STOP pLOSS 150

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28

  // Definition of code parameters // Made by JEBUS89, PRC forum, indicator by IV Mcm DEFPARAM CumulateOrders = False // Cumulating positions deactivated   // Conditions to enter long positions ignored, ignored, ignored, indicator1, ignored, ignored = CALL BolStr(close) ignored, ignored, ignored, userindic1, ignored, ignored = CALL BolStr(close) indicator2 = Average[10](userindic1)+std[10](userindic1) c1 = (indicator1 > indicator2) ignored, ignored, ignored, ignored, ignored, indicator3 = CALL BolStr(close) c2 = (indicator3 = 1)   IF c1 AND c2 THEN BUY 1 CONTRACT AT MARKET ENDIF   // Conditions to exit long positions ignored, ignored, ignored, indicator4, ignored, ignored = CALL BolStr(close) ignored, ignored, ignored, userindic2, ignored, ignored = CALL BolStr(close) indicator5 = Average[10](userindic2)+std[10](userindic2) c3 = (indicator4 CROSSES UNDER indicator5)   IF c3 THEN SELL AT MARKET ENDIF   // Stops and targets SET STOP pLOSS 150

   

  2 users thanked author for this post.

  TempusFugit, Nicolas

  

  jebus89

  Participant

  Topics: 120

  Replies: 603

  Been thanked: 250 times
  08/30/2020 at 12:22 AM #142948
  jebus89

  For some reason pic 2 didnt upload.

   

   

  Pic 1 = US TEch 2 h

  pic 2 = Wall st 2h

  

  jebus89

  Participant

  Topics: 120

  Replies: 603

  Been thanked: 250 times
  08/30/2020 at 10:21 AM #142960
  GraHal

  jebus89 wrote:

  You then need to add a bollinger band on the MM3 line with the settings “Period: 10 + STD: 1”

  Reading word for word, does above mean for us to change the Indicator as below …

  (Below is probably wrong, but it’s a start to get it right?)

  THIS MM3 = average[1](MM0)+(CMM3) NEEDS CHANGING TO MM3 = average[1](MM0)+(CMM3)+Bol(10)+STD[1]

  1 2 3 4 5 6 7

  THIS   MM3 = average[1](MM0)+(CMM3)   NEEDS CHANGING TO   MM3 = average[1](MM0)+(CMM3)+Bol(10)+STD[1]

   

  

  GraHal

  Participant

  Topics: 222

  Replies: 9290

  Been thanked: 2460 times
  08/30/2020 at 5:02 PM #142980
  jebus89

  Sorry bad wording from me, english is not my first language 🙂

  To visually see what the algo is doing, i suggest u just add a bollingerband on the MM3 line. Dont change the actual code, just add an indicator, on the this indicator. (i guess you could change the code as well, but i find its easier to just add the bollinger band on the indicator without changing the code)

  To trade the system, you dont need to do anything as the bollinger band on the indicator is in the code line 8+9:

  indicator2 = Average[10](userindic1)+std[10](userindic1) c1 = (indicator1 > indicator2)

  1 2	indicator2 = Average[10](userindic1)+std[10](userindic1) c1 = (indicator1 > indicator2)

   

  1 user thanked author for this post.

  GraHal

  

  jebus89

  Participant

  Topics: 120

  Replies: 603

  Been thanked: 250 times
  10/26/2020 at 10:02 PM #148590
  jebus89

  performance in us tech 2h (looks similar good in wall st) since posting system:

   

  https://imgur.com/CtHWLTL

   

  https://imgur.com/H1z5ZMT

  

  jebus89

  Participant

  Topics: 120

  Replies: 603

  Been thanked: 250 times
  10/26/2020 at 11:43 PM #148597
  robertogozzi

  Please attach files without using links to external sites.

  Thank you 🙂

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 18046

  Been thanked: 4612 times
• Author
  Posts