Bollinger reversal robot

• 04/05/2017 at 9:29 AM #31080
  CN

  Hey guys,

  So I came across a screener for bollinger reversal.
  I like the idea and would try to make an automated system for it.

  1h and daily would be the timeframe.

  How do we make it automatic?

  Originalcode from https://www.youtube.com/watch?v=kSBxmx5KUPg

  Boll = 20 flag = 0 BolDown = BollingerDown[Boll](close) BolUp = BollingerUp[Boll](close) BearishEngulfing = CLOSE[1] > OPEN[1] AND OPEN > CLOSE[1] AND CLOSE < OPEN[1] BullishEngulfing = CLOSE[1] < OPEN[1] AND OPEN < CLOSE[1] AND CLOSE > OPEN[1] BearishHarami = CLOSE[1] > OPEN[1] and OPEN > CLOSE and OPEN <= CLOSE[1] and OPEN[1] <= CLOSE and OPEN - CLOSE < CLOSE[1] - OPEN[1] BullishHarami = OPEN[1] > CLOSE[1] and CLOSE > OPEN and CLOSE <= OPEN[1] and CLOSE[1] <= OPEN and CLOSE - OPEN < OPEN[1] - CLOSE[1] TweezerTop = ABS(HIGH -(HIGH[1]))<= HIGH * 0.0025 TweezerBottom = ABS(LOW -(LOW[1]))<= LOW * 0.0025 AboveUpperBand=close[1] > BolUp and open > BolUp BelowLowerBand=close[1] < BolDown and open < BolDown GoShort =((BearishEngulfing or BearishHarami or TweezerTop ) and AboveUpperBand) GoLong = ((BullishEngulfing or BullishHarami or TweezerBottom) and BelowLowerBand) if GoLong then flag = 1 Endif if GoShort then flag =-1 endif screener[GoLong or GoShort](flag as "1 long / -1 short")

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  Boll = 20 flag = 0   BolDown = BollingerDown[Boll](close) BolUp = BollingerUp[Boll](close)   BearishEngulfing = CLOSE[1] > OPEN[1] AND OPEN > CLOSE[1] AND CLOSE < OPEN[1] BullishEngulfing = CLOSE[1] < OPEN[1] AND OPEN < CLOSE[1] AND CLOSE > OPEN[1]   BearishHarami = CLOSE[1] > OPEN[1] and OPEN > CLOSE and OPEN <= CLOSE[1] and OPEN[1] <= CLOSE and OPEN - CLOSE < CLOSE[1] - OPEN[1] BullishHarami = OPEN[1] > CLOSE[1] and CLOSE > OPEN and CLOSE <= OPEN[1] and CLOSE[1] <= OPEN and CLOSE - OPEN < OPEN[1] - CLOSE[1]   TweezerTop = ABS(HIGH -(HIGH[1]))<= HIGH * 0.0025 TweezerBottom = ABS(LOW -(LOW[1]))<= LOW * 0.0025   AboveUpperBand=close[1] > BolUp and open > BolUp BelowLowerBand=close[1] < BolDown and open < BolDown   GoShort =((BearishEngulfing or BearishHarami or TweezerTop ) and AboveUpperBand) GoLong = ((BullishEngulfing or BullishHarami or TweezerBottom) and BelowLowerBand)   if GoLong then flag = 1 Endif if GoShort then flag =-1 endif   screener[GoLong or GoShort](flag as  "1 long / -1 short")

   

  

  CN

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  04/05/2017 at 9:46 AM #31084
  StantonR

  Hi CN

  I believe that that is my code from youtube but that is why we do this to share knowledge.

  I started working on the robot for this. But we need to define a good exit strategy and money management.

  The current exit is when the price closes above or below the ema 20 which is basically the midlle bollinger line.

  This system works well in trending markets as it is a mean reversion strategy, so money management will be key.

   

  DEFPARAM CUMULATEORDERS = false Boll = 20 n = 1 BolDown = BollingerDown[Boll](close) BolUp = BollingerUp[Boll](close) ema20 = ExponentialAverage[20](close) BearishEngulfing = CLOSE[1] > OPEN[1] AND OPEN > CLOSE[1] AND CLOSE < OPEN[1] BullishEngulfing = CLOSE[1] < OPEN[1] AND OPEN < CLOSE[1] AND CLOSE > OPEN[1] BearishHarami = CLOSE[1] > OPEN[1] and OPEN > CLOSE and OPEN <= CLOSE[1] and OPEN[1] <= CLOSE and OPEN - CLOSE < CLOSE[1] - OPEN[1] BullishHarami = OPEN[1] > CLOSE[1] and CLOSE > OPEN and CLOSE <= OPEN[1] and CLOSE[1] <= OPEN and CLOSE - OPEN < OPEN[1] - CLOSE[1] TweezerTop = ABS(HIGH -(HIGH[1]))<= HIGH * 0.0025 TweezerBottom = ABS(LOW -(LOW[1]))<= LOW * 0.0025 AboveUpperBand=close[1] > BolUp and open > BolUp BelowLowerBand=close[1] < BolDown and open < BolDown GoShort =((BearishEngulfing or BearishHarami or TweezerTop ) and AboveUpperBand) GoLong = ((BullishEngulfing or BullishHarami or TweezerBottom) and BelowLowerBand) if not longonmarket and GoLong then Buy n Contract at Market Endif c1 = (close > ema20) IF c4 THEN SELL AT MARKET ENDIF if not shortonmarket and GoShort then Sell n Contract at Market Endif c2 = (close < ema20) IF c2 THEN EXITSHORT AT MARKET ENDIF Set Stop Ploss 20

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  DEFPARAM CUMULATEORDERS = false   Boll = 20 n = 1   BolDown = BollingerDown[Boll](close) BolUp = BollingerUp[Boll](close) ema20 = ExponentialAverage[20](close)   BearishEngulfing = CLOSE[1] > OPEN[1] AND OPEN > CLOSE[1] AND CLOSE < OPEN[1] BullishEngulfing = CLOSE[1] < OPEN[1] AND OPEN < CLOSE[1] AND CLOSE > OPEN[1]   BearishHarami = CLOSE[1] > OPEN[1] and OPEN > CLOSE and OPEN <= CLOSE[1] and OPEN[1] <= CLOSE and OPEN - CLOSE < CLOSE[1] - OPEN[1] BullishHarami = OPEN[1] > CLOSE[1] and CLOSE > OPEN and CLOSE <= OPEN[1] and CLOSE[1] <= OPEN and CLOSE - OPEN < OPEN[1] - CLOSE[1]     TweezerTop = ABS(HIGH -(HIGH[1]))<= HIGH * 0.0025 TweezerBottom = ABS(LOW -(LOW[1]))<= LOW * 0.0025   AboveUpperBand=close[1] > BolUp and open > BolUp BelowLowerBand=close[1] < BolDown and open < BolDown   GoShort =((BearishEngulfing or BearishHarami or TweezerTop ) and AboveUpperBand) GoLong = ((BullishEngulfing or BullishHarami or TweezerBottom) and BelowLowerBand)     if not longonmarket and GoLong then Buy n Contract at Market Endif   c1 = (close > ema20) IF c4 THEN SELL AT MARKET ENDIF   if not shortonmarket and GoShort then Sell n Contract at Market Endif   c2 = (close < ema20)   IF c2 THEN EXITSHORT AT MARKET ENDIF   Set Stop Ploss 20

   

  

  StantonR

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  04/05/2017 at 10:00 AM #31086
  StantonR

  Please note this is far from a complete system but this is the basic automation

  

  StantonR

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  04/05/2017 at 10:24 AM #31089
  CN

  Yes Stanton, I am a follower to your channel and i’ve linked to your video.

  Hope you don’t mind.

  Would love working with this system, I realy love the mean rev idea.

  

  CN

  Participant

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  04/05/2017 at 10:24 AM #31090
  StantonR

  Sorry Error in code

  DEFPARAM CUMULATEORDERS = false Boll = 20 n = 1 BolDown = BollingerDown[Boll](close) BolUp = BollingerUp[Boll](close) ema20 = ExponentialAverage[20](close) BearishEngulfing = CLOSE[1] > OPEN[1] AND OPEN > CLOSE[1] AND CLOSE < OPEN[1] BullishEngulfing = CLOSE[1] < OPEN[1] AND OPEN < CLOSE[1] AND CLOSE > OPEN[1] BearishHarami = CLOSE[1] > OPEN[1] and OPEN > CLOSE and OPEN <= CLOSE[1] and OPEN[1] <= CLOSE and OPEN - CLOSE < CLOSE[1] - OPEN[1] BullishHarami = OPEN[1] > CLOSE[1] and CLOSE > OPEN and CLOSE <= OPEN[1] and CLOSE[1] <= OPEN and CLOSE - OPEN < OPEN[1] - CLOSE[1] TweezerTop = ABS(HIGH -(HIGH[1]))<= HIGH * 0.0025 TweezerBottom = ABS(LOW -(LOW[1]))<= LOW * 0.0025 AboveUpperBand=close[1] > BolUp and open > BolUp BelowLowerBand=close[1] < BolDown and open < BolDown GoShort =((BearishEngulfing or BearishHarami or TweezerTop ) and AboveUpperBand) GoLong = ((BullishEngulfing or BullishHarami or TweezerBottom) and BelowLowerBand) if not longonmarket and GoLong then Buy n Contract at Market Endif c1 = (close > ema20) IF c1 THEN SELL AT MARKET ENDIF if not shortonmarket and GoShort then Sell n Contract at Market Endif c2 = (close < ema20) IF c2 THEN EXITSHORT AT MARKET ENDIF Set Stop Ploss 20

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  DEFPARAM CUMULATEORDERS = false   Boll = 20 n = 1   BolDown = BollingerDown[Boll](close) BolUp = BollingerUp[Boll](close) ema20 = ExponentialAverage[20](close)   BearishEngulfing = CLOSE[1] > OPEN[1] AND OPEN > CLOSE[1] AND CLOSE < OPEN[1] BullishEngulfing = CLOSE[1] < OPEN[1] AND OPEN < CLOSE[1] AND CLOSE > OPEN[1]   BearishHarami = CLOSE[1] > OPEN[1] and OPEN > CLOSE and OPEN <= CLOSE[1] and OPEN[1] <= CLOSE and OPEN - CLOSE < CLOSE[1] - OPEN[1] BullishHarami = OPEN[1] > CLOSE[1] and CLOSE > OPEN and CLOSE <= OPEN[1] and CLOSE[1] <= OPEN and CLOSE - OPEN < OPEN[1] - CLOSE[1]     TweezerTop = ABS(HIGH -(HIGH[1]))<= HIGH * 0.0025 TweezerBottom = ABS(LOW -(LOW[1]))<= LOW * 0.0025   AboveUpperBand=close[1] > BolUp and open > BolUp BelowLowerBand=close[1] < BolDown and open < BolDown   GoShort =((BearishEngulfing or BearishHarami or TweezerTop ) and AboveUpperBand) GoLong = ((BullishEngulfing or BullishHarami or TweezerBottom) and BelowLowerBand)     if not longonmarket and GoLong then Buy n Contract at Market Endif   c1 = (close > ema20) IF c1 THEN SELL AT MARKET ENDIF   if not shortonmarket and GoShort then Sell n Contract at Market Endif   c2 = (close < ema20)   IF c2 THEN EXITSHORT AT MARKET ENDIF   Set Stop Ploss 20

   

  

  StantonR

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  04/05/2017 at 10:29 AM #31092
  StantonR

  Hi CN its all good like I said thats why we do it.

  

  StantonR

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