Closing Price January Higher than December Close

• 04/08/2024 at 7:30 AM #231197
  Lambo

  Good Morning!

  I have problems to get the right programmcode for this case:

  if one of the closing prices between the 5th and 10th trading day in January is above the previous year’s closing price then go long after the 24th trading day in any month if condition is met and not yet long.

  Sell if the closing price closes below SMA200 (minus 3%).

   

  Thank you very much.

   

  

  Lambo

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  04/08/2024 at 1:26 PM #231225
  Lambo

  @Admin: Can you switch the offer to ProOrder Support.

  That would be nice. Here on indicator it is wrong.

  

  Lambo

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  04/08/2024 at 2:12 PM #231235
  JS

  Hi,

  Try this one:

  YearClose

  TimeFrame(1 year, UpdateOnClose) YearClose=Close TimeFrame(Daily, UpdateOnClose) If Day>=5 and Day<=10 and Close>YearClose then Threshold=1 EndIf If NOT LongOnMarket and Day>24 and Threshold then Buy 1 contract at Market EndIf SMA200=Average[200](Close) If Close Crosses Under SMA200 or PositionPerf<-0.03 then Sell at Market Threshold=0 EndIf Graph YearClose as "YearClose"

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18

  TimeFrame(1 year, UpdateOnClose) YearClose=Close   TimeFrame(Daily, UpdateOnClose) If Day>=5 and Day<=10 and Close>YearClose then Threshold=1 EndIf   If NOT LongOnMarket and Day>24 and Threshold then Buy 1 contract at Market EndIf   SMA200=Average[200](Close) If Close Crosses Under SMA200 or PositionPerf<-0.03 then Sell at Market Threshold=0 EndIf Graph YearClose as "YearClose"

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  Lambo

  

  JS

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  04/08/2024 at 2:29 PM #231239
  Lambo

  @JS: Thank you very much! That is very nice.

  Can you shortly explain the meaning of Threshold.

  Thank you.

  

  Lambo

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  04/08/2024 at 2:32 PM #231240
  Lambo

  @JS: Thank you very much! That is very nice.

  Can you shortly explain the meaning of Threshold.

  Thank you.

  

  Lambo

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  04/08/2024 at 2:47 PM #231241
  JS

  Hi,

  If the Close>YearClose (in which the YearClose is the threshold) and the other day conditions are also true (Day>=5 and Day<=10) then the value of the threshold condition is equal to 1. (So, Close>YearClose and Day>=5 and Day<=10)

  I’ve broken this down in the code because you can’t check the given days (3) at the same time if:

  Day>=5 and Day<=10 and Day>24 (it is impossible that Day>=5 and Day<=10 AND Day>24) that’s why I’ve broken it down)

  I hope it’s a little clear, if not ask questions…

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  Lambo

  

  JS

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  05/07/2024 at 11:28 AM #232422
  Lambo

  Hello @JS!

  i have checked the code because in manuel backtesting I get different entry points.

  So the problem is, that the code from you only buy when the day >24 from each month is over the close level of December of the previous year. That is a little bit different from my idea.

   

  My idea was if  one close price between 5 and 10 january is higher than the close price of the last day of the december than you can buy every month after day 24 if you are not on the market.

  So the Time between 5 and january is the condition for every month buy

  So the code has to say:

  SUP Close DEZ 2023 (4769,83)

  9.1. Close (4756,5) = wrong (Day=6)

  10.1. Close (4783,45) = True (DAY=7)

  ..

  so in 2024 i can buy on 25.01., and wenn i have a exit after that time, i can buy again on 26.2. and on 25.3 and so one.

  Thank you sir

   

  

  Lambo

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  05/07/2024 at 3:56 PM #232434
  JS

  Hi @Lambo

  I see what you mean, the check must be done every month…

  Unfortunately, I’m not very good with “Time and Date” and I don’t see the solution now…sorry.

  Maybe someone else sees it?

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  05/08/2024 at 10:24 AM #232455
  robertogozzi

  This code seems to meet your criteria (tested on DAX, 1h TF):

  ONCE EntryDay = 24 ONCE MonthDay1 = 5 ONCE MonthDay2 = 10 ONCE Tally = 0 ONCE AboveFlag = 0 ONCE YearClose = 99999999 // at the beginning of each year save the closing price of the previous year IF OpenYear <> OpenYear[1] THEN YearClose = close[1] ENDIF // at the beginning of each Month reset the tally of trading days to zero IF (OpenMonth <> OpenMonth[1]) THEN Tally = 0 AboveFlag = 0 ENDIF // each new day updates the tally IF (OpenDay <> OpenDay[1]) THEN Tally = Tally + 1 ENDIF // between day 5 and day 10 check if the price is above the previous Year's closing price IF (Tally >= MonthDay1) AND (Tally <= MonthDay2) THEN AboveFlag = max(AboveFlag,close > YearClose) ENDIF // enter after trading day 24 if conditions are met IF (Tally > EntryDay) AND AboveFlag AND Not OnMarket THEN BUY 1 CONTRACT AT MARKET AboveFlag = 0 ENDIF // exit when the price closes below (Sma200 - 3%) Sma200 = average[200,0](close) * 0.97 ExitFlag = close < Sma200 IF LongOnMarket AND ExitFlag THEN SELL AT MARKET ENDIF // debugging section graphonprice YearClose coloured("Blue") graphonprice Sma200 coloured("Fuchsia") //graph Tally //graph AboveFlag

  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

  ONCE EntryDay  = 24 ONCE MonthDay1 = 5 ONCE MonthDay2 = 10 ONCE Tally     = 0 ONCE AboveFlag = 0 ONCE YearClose = 99999999   // at the beginning of each year save the closing price of the previous year IF OpenYear <> OpenYear[1] THEN    YearClose = close[1] ENDIF   // at the beginning of each Month reset the tally of trading days to zero IF (OpenMonth <> OpenMonth[1]) THEN    Tally     = 0    AboveFlag = 0 ENDIF   // each new day updates the tally IF (OpenDay <> OpenDay[1]) THEN    Tally     = Tally + 1 ENDIF   // between day 5 and day 10 check if the price is above the previous Year's closing price IF (Tally >= MonthDay1) AND (Tally <= MonthDay2) THEN    AboveFlag = max(AboveFlag,close > YearClose) ENDIF   // enter after trading day 24 if conditions are met IF (Tally > EntryDay) AND AboveFlag AND Not OnMarket THEN    BUY 1 CONTRACT AT MARKET    AboveFlag = 0 ENDIF   // exit when the price closes below (Sma200 - 3%) Sma200   = average[200,0](close) * 0.97 ExitFlag = close < Sma200 IF LongOnMarket AND ExitFlag THEN SELL AT MARKET ENDIF // debugging section graphonprice YearClose coloured("Blue") graphonprice Sma200    coloured("Fuchsia") //graph        Tally //graph        AboveFlag

   

   

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  robertogozzi

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  05/08/2024 at 10:35 AM #232458
  Lambo

  Hello Roberto,

  i have put the code into a SUP Index for Backtesting. But nothing happens here.

  I saw the line for the previous year closing but no buy and sell.

  Can you shortly look at my code:

  defparam preloadbars=5000
  defparam cumulateorders=false
  size=(100000+strategyprofit)/(close)

  ONCE EntryDay = 24
  ONCE MonthDay1 = 5
  ONCE MonthDay2 = 10
  ONCE Tally = 0
  ONCE AboveFlag = 0
  ONCE YearClose = 2024

  // ate the beginning of each year save the closing price of the previous year
  IF OpenYear <> OpenYear[1] THEN
  YearClose = close[1]
  ENDIF

  // at the beginning of each Month reset the tally of trading days to zero
  IF (OpenMonth <> OpenMonth[1]) THEN
  Tally = 0
  AboveFlag = 0
  ENDIF

  // each new day updates the tally
  IF (OpenDay <> OpenDay[1]) THEN
  Tally = Tally + 1
  ENDIF

  // between day 5 and day 10 check if the price is above the previous Year’s closing price
  IF (Tally >= MonthDay1) AND (Tally <= MonthDay2) THEN
  AboveFlag = max(AboveFlag,close > YearClose)
  ENDIF

  // enter after trading day 24 if conditions are met
  IF (Tally > EntryDay) AND AboveFlag AND Not OnMarket THEN
  buy size contracts at market
  AboveFlag = 0
  ENDIF

  // exit when the price closes below (Sma200 – 3%)
  Sma200 = average[200,0](close) * 0.97
  ExitFlag = close < Sma200
  IF LongOnMarket AND ExitFlag THEN
  SELL AT MARKET
  ENDIF
  // debugging section
  graphonprice YearClose coloured(“Blue”)
  graphonprice Sma200 coloured(“Fuchsia”)
  //graph Tally
  //graph AboveFlag

  

  Lambo

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  05/08/2024 at 11:54 AM #232469
  robertogozzi

  You must have enough bars to access the previous year’s last bar (on a 1-minute TF you will need 200K bars, but after June it won’t work at all).

   

   

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  robertogozzi

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  05/08/2024 at 12:51 PM #232472
  Lambo

  Thank you sir. I want to use it on day Chart. It is an optimazier for the Month ultimo trading. go long at the end of the month.

  So I am working with 1 day as timeframe.

  Can you check your Code with SUP Kassa? I don’t get a trade and 5.000 days are as a preloud enough for some years I think.

  

  Lambo

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  05/08/2024 at 2:51 PM #232480
  robertogozzi

  Because there are not enough trading days in each month, try:

  ONCE EntryDay = 20

  1	ONCE EntryDay  = 20

  the line

  ONCE YearClose = 0

  1	ONCE YearClose = 0

  doesn’t affect any calculations and can even be safely removed. In any case it is a price, not a year (such as 2024).

   

   

  

  robertogozzi

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  05/08/2024 at 3:24 PM #232488
  Lambo

  here I Have an example for the trade idea:

  Year 2008: No close between 5th and 10 th january is higher than previous year close  –> so in this year is no entry on every 25. of each month if not on the market. The january barometer say no good long year

  Year 2011: at least one close between 5th and 10 th january  is higher than previous year close -> So if you are not on the market you have to buy on every 25 th of every month in this year.

  Exit one: sell if close is higher donchian 200 up

  Exit SL: if course close goes unter the SMA200-3%

  You see in 2011 there are some exits (red cross) and entry (green arrow). You also have to buy in this strategy when you are unter the previous year close ond 25 th August and on 25th of november.

  I hope you understand it.

  Thanks

   

  

  Lambo

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  05/08/2024 at 5:18 PM #232500
  robertogozzi

  There you go:

  ONCE EntryDay = 18 ONCE MonthDay1 = 5 ONCE MonthDay2 = 10 ONCE Tally = 0 ONCE AboveFlag = 0 // ate the beginning of each year save the closing price of the previous year IF OpenYear <> OpenYear[1] THEN YearClose = close[1] AboveFlag = 0 ENDIF // at the beginning of each Month reset the tally of trading days to zero IF (OpenMonth <> OpenMonth[1]) THEN Tally = 0 ENDIF // each new day updates the tally IF (OpenDay <> OpenDay[1]) THEN Tally = Tally + 1 ENDIF // between day 5 and day 10 check if the price is above the previous Year's closing price IF (Tally >= MonthDay1) AND (Tally <= MonthDay2) AND (OpenMonth = 1) THEN AboveFlag = max(AboveFlag,close > YearClose) ENDIF // enter after trading day 24 if conditions are met IF (Tally > EntryDay) AND AboveFlag AND Not OnMarket THEN BUY 1 CONTRACT AT MARKET ENDIF // TAKE PROFIT: exit when the price closes below DONCHIAN UP ONCE p = 20 Upper = HIGHEST[p](HIGH[1]) TPflag = close > Upper IF LongOnMarket AND TPflag THEN SELL AT MARKET ENDIF // STOP LOSS: exit when the price closes below (Sma200 - 3%) Sma200 = average[200,0](close) * 0.97 SLflag = close < Sma200 IF LongOnMarket AND SLflag THEN SELL AT MARKET ENDIF // debugging section graphonprice YearClose coloured("Blue") graphonprice Sma200 coloured("Fuchsia") //graph Tally //graph AboveFlag

  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

  ONCE EntryDay  = 18 ONCE MonthDay1 = 5 ONCE MonthDay2 = 10 ONCE Tally     = 0 ONCE AboveFlag = 0   // ate the beginning of each year save the closing price of the previous year IF OpenYear <> OpenYear[1] THEN    YearClose = close[1]    AboveFlag = 0 ENDIF   // at the beginning of each Month reset the tally of trading days to zero IF (OpenMonth <> OpenMonth[1]) THEN    Tally     = 0 ENDIF   // each new day updates the tally IF (OpenDay <> OpenDay[1]) THEN    Tally     = Tally + 1 ENDIF   // between day 5 and day 10 check if the price is above the previous Year's closing price IF (Tally >= MonthDay1) AND (Tally <= MonthDay2) AND (OpenMonth = 1) THEN    AboveFlag = max(AboveFlag,close > YearClose) ENDIF   // enter after trading day 24 if conditions are met IF (Tally > EntryDay) AND AboveFlag AND Not OnMarket THEN    BUY 1 CONTRACT AT MARKET ENDIF   // TAKE PROFIT: exit when the price closes below DONCHIAN UP ONCE p = 20 Upper  = HIGHEST[p](HIGH[1]) TPflag = close > Upper IF LongOnMarket AND TPflag THEN    SELL AT MARKET ENDIF   // STOP LOSS: exit when the price closes below (Sma200 - 3%) Sma200 = average[200,0](close) * 0.97 SLflag = close < Sma200 IF LongOnMarket AND SLflag THEN    SELL AT MARKET ENDIF // debugging section graphonprice YearClose coloured("Blue") graphonprice Sma200    coloured("Fuchsia") //graph        Tally //graph        AboveFlag

   

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