Closing Price January Higher than December Close

• 05/13/2024 at 2:50 PM #232606
  Lambo

  Thank you very much Roberto.

  It Works.

  Do you have an idea how i can integrate the Idea buy “day>24”, because with the code you buy this year on 30.1 , 29.2. and 28.3, right would be 25.1, 26.2 and 25.3.

  Thanks a lot

  

  Lambo

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  05/15/2024 at 4:05 PM #232686
  Lambo

  Hello Roberto,

  i Failed to change the code for another January Strategie. Perhaps you can help me:

  If Close of January is higher than Open of January than it is allowed to buy

  on First Trading day of February and on every 25 th of every month until the end of the year

  Close trade is the same a new 200 Day High

  and SL SMA200 *0,97

   

  Thanks a lot

  It is very difficult with the tally for me.

   

  

  Lambo

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  Topics: 7

  Replies: 16

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  08/15/2024 at 4:48 PM #236419
  robertogozzi

  Lambo wrote:

  Thank you very much Roberto.

  It Works.

  Do you have an idea how i can integrate the Idea buy “day>24”, because with the code you buy this year on 30.1 , 29.2. and 28.3, right would be 25.1, 26.2 and 25.3.

  Thanks a lot

  Sorry for the Delay!

  ONCE EntryDay = 24 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 (OpenDay >= 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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  ONCE EntryDay  = 24 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 (OpenDay >= 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

  

  robertogozzi

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  08/15/2024 at 5:08 PM #236420
  robertogozzi

  Lambo wrote:

  Hello Roberto,

  i Failed to change the code for another January Strategie. Perhaps you can help me:

  If Close of January is higher than Open of January than it is allowed to buy

  on First Trading day of February and on every 25 th of every month until the end of the year

  Close trade is the same a new 200 Day High

  and SL SMA200 *0,97

  Thanks a lot

  It is very difficult with the tally for me.

  There you go:

  DEFPARAM CumulateOrders = true // check if JANUARY is a bullish month Timeframe(Monthly) ONCE TradeOK = 0 If OpenMonth = 1 THEN TradeOK = 0 IF close > open THEN TradeOK = 1 ENDIF ENDIF // Timeframe(Daily,UpdateOnClose) // IF (OpenMonth > 1) AND TradeOK AND ((OpenMonth <> OpenMonth[1]) AND Not OnMarket) OR ((OpenMonth > 1) AND (OpenDay >= 25) AND (abs(CountOfPosition) < 2)) THEN SL = average[200,0](close) * 0.97 BUY 1 CONTRACT AT MARKET SET STOP LOSS SL ENDIF // HH = highest[200](high[1]) IF LongOnMarket AND (high >= HH) THEN SELL AT MARKET ENDIF graphonprice HH AS "new 200-day High" coloured("Blue") graphonprice SL AS "Srop Loss" coloured("Red") graphonprice TradePrice

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  DEFPARAM CumulateOrders = true // check if JANUARY is a bullish month Timeframe(Monthly) ONCE TradeOK = 0 If OpenMonth = 1 THEN    TradeOK = 0    IF close > open THEN       TradeOK = 1    ENDIF ENDIF // Timeframe(Daily,UpdateOnClose) // IF (OpenMonth > 1) AND TradeOK AND ((OpenMonth <> OpenMonth[1]) AND Not OnMarket) OR ((OpenMonth > 1) AND (OpenDay >= 25) AND (abs(CountOfPosition) < 2))  THEN    SL = average[200,0](close) * 0.97    BUY 1 CONTRACT AT MARKET    SET STOP LOSS SL ENDIF // HH = highest[200](high[1]) IF LongOnMarket AND (high >= HH) THEN    SELL AT MARKET ENDIF graphonprice HH AS "new 200-day High" coloured("Blue") graphonprice SL AS "Srop Loss"        coloured("Red") graphonprice TradePrice

  

  robertogozzi

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