3-10 Oscillator Swing Trading System

• 03/01/2023 at 11:29 AM #210706
  Jeki20

  Good morning

  I would like to create this Backtesting on this Swing strategy:

  Long Entry Rules:

  ADX>30

  +DMI> -DMI

  the 3-10 oscillator must have at least 5 consecutive bearish days (the 3-10 oscillator is a difference between the 3-period simple moving average and the 10-period simple moving average)

  If the market closes above the open, buy long on the close.

  Exit rules:

  Exit on the close after 3 to 7 bars.

  Can you help me develop it?

  Thank you

   

  

  Jeki20

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  03/01/2023 at 11:57 AM #210713
  robertogozzi

  Only post in the language of the forum that you are posting in. For example English only in the English speaking forums and French only in the French speaking forums

  Thanks 🙂

   

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  Jeki20

  

  robertogozzi

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  03/02/2023 at 7:18 PM #210790
  robertogozzi

  You also used the wrong support forum, for strategies the correct one is the ProOrder support forum. I moved it.

  There you go:

  DEFPARAM CumulateOrders = False myADX = adx[14] > 30 myDMI = DIplus[14](close) > DIminus[14](close) Sma3 = average[3,0](close) Sma10 = average[10,0](close) ind310 = Sma3 - Sma10 Bearish = (summation[5](ind310 < 0) = 5) IF myADX AND myDMI AND Bearish AND Not OnMarket AND (close > open) THEN BUY 1 CONTRACT AT MARKET ENDIF IF LongOnMarket AND ((BarIndex - TradeIndex) >= 3) THEN //exit after 3 bars (change it to any positive value SELL AT MARKET ENDIF

  1 2 3 4 5 6 7 8 9 10 11 12 13

  DEFPARAM CumulateOrders = False myADX   = adx[14] > 30 myDMI   = DIplus[14](close) > DIminus[14](close) Sma3    = average[3,0](close) Sma10   = average[10,0](close) ind310  = Sma3 - Sma10 Bearish = (summation[5](ind310 < 0) = 5) IF myADX AND myDMI AND Bearish AND Not OnMarket AND (close > open) THEN    BUY 1 CONTRACT AT MARKET ENDIF IF LongOnMarket AND ((BarIndex - TradeIndex) >= 3) THEN   //exit after 3 bars  (change it to any positive value    SELL AT MARKET ENDIF

   

  

  robertogozzi

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  03/02/2023 at 8:31 PM #210799
  Jeki20

  Thanks a lot for your support and quick reply….sorry next time I will use the right support forum.

  Stefano

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  robertogozzi

  

  Jeki20

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  03/07/2023 at 3:16 PM #211045
  Jeki20

  Hello I don't get this rule 'Bearish = ( summation [ 5 ] (ind310 < 0 ) = 5 )' The rule is that the oscillator 3-10 must have 5 consecutive days 'down' for example (I modified ADX >25) . Jan 5 should have given me an entry signal: day 1 = 25 day 2 = 17 day 3 = 15 day 4 = 7 day 5 = -13 from the formula instead it doesn't give me any signal. See attachment Thank you

  

  Jeki20

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  03/08/2023 at 12:09 PM #211090
  robertogozzi

  Only post in the language of the forum that you are posting in. For example English only in the English speaking forums and French only in the French speaking forums. I translated it using the translator, which doesn’t keep the original format.

  As to attached pics, image formats (mainly JPG, JPEG and PNG) are a better choice. PDF files should be used mainly for formatted documents.

  Thank you 🙂

  Anyway

  Bearish = ( summation [ 5 ] (ind310 < 0 ) = 5 )

  1	Bearish = ( summation [ 5 ] (ind310 < 0 ) = 5 )

  means that there must be 5 consecutive bars where the indicator 3-10 is below 0, i.e. in a bearish position as you asked (Sma3 below Sma10).

  Do you want to modify the conditions?

   

   

   

   

   

  

  robertogozzi

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  03/08/2023 at 12:28 PM #211096
  Jeki20

  Sorry… and Thanks

  I didn’t want to change the rules, the rule is at least “5 consecutive down days“, maybe I didn’t clear mention before. I think that this doesn’t mean <0.

  As per attached example the condition for buy it was manually/visually checked on 5 Gen 2000, but the system given me a buy signal.

  I’ would like to understand the reason, maybe the indicator 3-10 is not below 0, but 5 consecutive down day of the 3-10 max or closing day?

  Appreciated your support.

  Thanks

  Stefano

   

  

  Jeki20

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  03/08/2023 at 1:02 PM #211103
  robertogozzi

  Please post the  instrument, timeframe, date & time of an incorrect trade opened, so I can better check.

   

   

  

  robertogozzi

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  03/08/2023 at 1:45 PM #211110
  Jeki20

  Here below the requested infromations:

  Instrument: Future CME e-mini S&P500 ticker ‘MESXXXX‘

  Timeframe: Daily

  Date: Dec. 28th 1999, ADX(14) = 26, 74 5 (S&P futures are not in a downtrend, +DI>-DI).

  The 3-10 oscillator drops for at least 5 consecutive days (Dec.28th 1999 = 3-10 Osc. = 26,97, Dec.29th =22,06, Dec.30th =17,59, Dec.31st =15,11, Jan.3rd=7,45, Jan4th= – 13,25).

  The S&P futures on Jan 5th close above its open. (close=1213,11, open=1211,61)

  An Oscillator Swing System buy signal should also triggered on the close of Jan.5th 2000

  Thanks

   

   

   

   

   

  

  Jeki20

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  03/08/2023 at 6:04 PM #211131
  robertogozzi

  In both dates ADX < 30, how can a BUY be triggered?

   

  

  robertogozzi

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  03/08/2023 at 9:18 PM #211151
  Jeki20

  Sorry

  As I said above, I changed the ADX>30 into ADX>25 and also I take out the condition +DMI>-DMI, no buy signal was given.

  DEFPARAM CumulateOrders = False

  myADX   = adx[14] > 25

  //myDMI   = DIplus[14](close) > DIminus[14](close)

  Sma3    = average[3,0](close)

  Sma10   = average[10,0](close)

  ind310  = Sma3 – Sma10

  Bearish = (summation[5](ind310 < 0) = 5)

  IF myADX AND Bearish AND Not OnMarket AND (close > open) THEN

     BUY 1 CONTRACT AT MARKET

  ENDIF

  IF LongOnMarket AND ((BarIndex – TradeIndex) >= 3) THEN   //exit after 3 bars  (change it to any positive value

     SELL AT MARKET

  ENDIF

  I think that there is something in the condition ‘Bearish = (summation[5](ind310 < 0) = 5)’ because ind310 to be down for 5 days and not less than zero.

  I will continue in searching…thanks.

  

  Jeki20

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  03/08/2023 at 9:30 PM #211152
  fifi743

  works on the nasdaq M15

  

  fifi743

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  03/08/2023 at 10:28 PM #211153
  JS

  I think you can use this for Bearish:

  Bearish = Summation[5](ind310 < ind310[1]) = 5

  

  JS

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  03/09/2023 at 9:27 AM #211174
  Jeki20

  Thanks a lot …it seems that is working.

  …appreciate your support and your patient…

  Stefano

   

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  JS

  

  Jeki20

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  03/09/2023 at 11:34 AM #211195
  robertogozzi

  @Jeki20

  In your first post asked “the 3-10 oscillator must have at least 5 consecutive bearish days (the 3-10 oscillator is a difference between the 3-period simple moving average and the 10-period simple moving average)“.

  To accopmplish that a negative difference is what you need, unless you changed your mind in the meantime.

  A single average less than the previous one doesn’t imply a downtrend.

   

   

   

  

  robertogozzi

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