anyone want to help me try to make this better?

• 04/02/2024 at 10:31 PM #230944
  SweZerk

  this is a daily system on almost any index, i just had an idea that i wanted to test and this is the first version of it.

  DEFPARAM cumulateOrders = false // Define parameters Len = 7 Filter = 0.0 ATRMultiplier = 1.5 // Multiplier for ATR to set stop loss // Calculate MBFX Timing ld24 = 50.0 if (BarIndex > Len) then upSum = 0 downSum = 0 for i = 1 to Len do upMove = Max(Close[i] - Close[i - 1], 0) downMove = Max(Close[i - 1] - Close[i], 0) upSum = upSum + upMove downSum = downSum + downMove next RS = upSum / downSum ld24 = 100 - (100 / (1 + RS)) // Trading signals A1 = (ld24 > ld24[1] - Filter) AND (ld24[1] < ld24[2]) // Buy when MBFX Timing increases A2 = (ld24 < ld24[1] + Filter) AND (ld24[1] > ld24[2]) // Sell when MBFX Timing decreases // Calculate ATR for stop loss ATRValue = AverageTrueRange[9] // Define entry and exit conditions IF A1 THEN BUY 1 CONTRACT AT MARKET // Buy 1 contract at market ENDIF IF A2 THEN SELL 1 CONTRACT AT MARKET // Sell 1 contract at market ENDIF // Exit if stop loss is hit IF LONGONMARKET AND close < close[1] - ATRMultiplier * ATRValue THEN SELL AT MARKET // Sell to close position at market ENDIF IF SHORTONMARKET AND close > close[1] + ATRMultiplier * ATRValue THEN BUY AT MARKET // Buy to cover position at market ENDIF endif SET STOP %LOSS 5

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  DEFPARAM cumulateOrders = false   // Define parameters Len = 7 Filter = 0.0 ATRMultiplier = 1.5 // Multiplier for ATR to set stop loss   // Calculate MBFX Timing ld24 = 50.0 if (BarIndex > Len) then upSum = 0 downSum = 0 for i = 1 to Len do upMove = Max(Close[i] - Close[i - 1], 0) downMove = Max(Close[i - 1] - Close[i], 0) upSum = upSum + upMove downSum = downSum + downMove next      RS = upSum / downSum ld24 = 100 - (100 / (1 + RS))   // Trading signals A1 = (ld24 > ld24[1] - Filter) AND (ld24[1] < ld24[2]) // Buy when MBFX Timing increases A2 = (ld24 < ld24[1] + Filter) AND (ld24[1] > ld24[2]) // Sell when MBFX Timing decreases   // Calculate ATR for stop loss ATRValue = AverageTrueRange[9]   // Define entry and exit conditions IF A1 THEN BUY 1 CONTRACT AT MARKET // Buy 1 contract at market ENDIF   IF A2 THEN SELL 1 CONTRACT AT MARKET // Sell 1 contract at market ENDIF   // Exit if stop loss is hit IF LONGONMARKET AND close < close[1] - ATRMultiplier * ATRValue THEN SELL AT MARKET // Sell to close position at market ENDIF   IF SHORTONMARKET AND close > close[1] + ATRMultiplier * ATRValue THEN BUY AT MARKET // Buy to cover position at market ENDIF endif     SET STOP %LOSS 5

   

  

  SweZerk

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  04/10/2024 at 9:03 AM #231338
  GraHal

  Line 36 – enter Short needs to be SellShort.

  Line 45 – exit Short needs to be ExitShort.

  So …

  IF A2 THEN SELLSHORT 1 CONTRACT AT MARKET // Sell 1 contract at market ENDIF IF SHORTONMARKET AND close > close[1] + ATRMultiplier * ATRValue THEN EXITSHORT AT MARKET // Buy to cover position at market ENDIF endif

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  IF A2 THEN SELLSHORT 1 CONTRACT AT MARKET // Sell 1 contract at market ENDIF   IF SHORTONMARKET AND close > close[1] + ATRMultiplier * ATRValue THEN EXITSHORT AT MARKET // Buy to cover position at market ENDIF endif

   

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  robertogozzi

  

  GraHal

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