Coding of a trend following strategy with pullback counter

• 02/23/2023 at 11:58 AM #210265
  phoentzs

  Trend following strategies all work similarly. I’ll use the simplest example. I need coding for the following.
  Condition 1: EMA20 crosses over EMA50

  After condition 1 is met, I want a counter for condition 2.

  Condition 2 means stochastic crosses over 20. There we buy at market.

   

  So AFTER the EMACross, a pullback of the stochastic should be bought, whereby this pullback includes a counter. I want to know how many pullbacks are profitable after an EMACross. Often only the first pullback is profitable, sometimes there are 2 or 3. This counter should therefore be optimisable.

  Can someone code this for me please?

  

  phoentzs

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  02/27/2023 at 1:16 PM #210597
  robertogozzi

  There you go:

  DEFPARAM CumulateOrders = False ONCE Winners = 0 ONCE Losers = 0 ONCE CrossOVER = 0 ONCE CrossUNDER = 0 Ema20 = average[20,1](close) Ema50 = average[50,1](close) myST = Stochastic[10,6](close) // IF Not OnMarket AND OnMarket[1] THEN IF StrategyProfit > StrategyProfit[1] THEN Winners = Winners + 1 ELSE Losers = Losers + 1 ENDIF ENDIF // IF CrossOVER = 0 THEN CrossOVER = Ema20 CROSSES OVER Ema50 IF CrossOVER THEN CrossUNDER = 0 Winners = 0 Losers = 0 ENDIF ENDIF IF CrossUNDER = 0 THEN CrossUNDER = Ema20 CROSSES UNDER Ema50 IF CrossUNDER THEN CrossOVER = 0 ENDIF ENDIF // STcross = myST CROSSES OVER 20 IF STcross AND CrossOVER THEN IF LongOnMarket THEN IF PositionPerf > 0 THEN Winners = Winners + 1 ELSE Losers = Losers + 1 ENDIF SELL AT Market ENDIF BUY AT Market ENDIF // graph Winners coloured("Blue") graph Losers coloured("Red")

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  DEFPARAM CumulateOrders = False ONCE Winners    = 0 ONCE Losers     = 0 ONCE CrossOVER  = 0 ONCE CrossUNDER = 0 Ema20 = average[20,1](close) Ema50 = average[50,1](close)   myST  = Stochastic[10,6](close) // IF Not OnMarket AND OnMarket[1] THEN    IF StrategyProfit > StrategyProfit[1] THEN       Winners = Winners + 1    ELSE       Losers  = Losers + 1    ENDIF ENDIF // IF CrossOVER = 0 THEN    CrossOVER = Ema20 CROSSES OVER Ema50    IF CrossOVER THEN       CrossUNDER = 0       Winners    = 0       Losers     = 0    ENDIF ENDIF IF CrossUNDER = 0 THEN    CrossUNDER = Ema20 CROSSES UNDER Ema50    IF CrossUNDER THEN       CrossOVER = 0    ENDIF ENDIF // STcross = myST CROSSES OVER 20 IF STcross AND CrossOVER THEN    IF LongOnMarket THEN       IF PositionPerf > 0 THEN          Winners = Winners + 1       ELSE          Losers  = Losers + 1       ENDIF       SELL AT Market    ENDIF    BUY AT Market ENDIF // graph Winners coloured("Blue") graph Losers  coloured("Red")

   

  

  robertogozzi

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