Germany 40 at 3 Min PSAR indicator

• 12/22/2022 at 6:48 PM #206208
  maleczek

  Hi and Seasons greetings to all,

  Your help please …

  I have a strategy that manually returns a modest income on the 5 Minute Germany 40 during the market open times but despite 179 plus attempts to program it using ProRealTime, I cannot get the program to do what the flowchart does.

  synopsis …

  Using the change of the PSAR from RED to GREEN – if there is  green PSAR and green first bar it is an indicator to set the upper threshold which I’ve called ‘loft’ to (HIGH + 2*POINTSIZE).

  Then if  any of the following bars, before the next PSAR change is higher than ‘loft’ the program will BUY AT MARKET with a TARGET 20 and STOP 40.

  Likewise if the change of the PSAR is from GREEN to RED – if there is a red PSAR and a red first bar it is an indicator to set the lower threshold which I have called ‘dell’ to (LOW – 2*POINTSIZE).

  Then if any of the following bars before the next PSAR change is lower than the ‘dell’ variable then the program will SELLSHORT AT MARKET with a TARGET 20 and STOP 40.

  ########   If the PSAR changes and the TARGET has not been met, then the position is closed so that the next bar can be checked for an indicator.  ##If the change of PSAR is not matched with a like coloured first bar then the following bars are ignored till the next PSAR change. #########

  I have tried using Multi Time Frames to buy and sell quickly at the PSAR change so that a new PSAR/Bar can be quickly exploited and have had mixed results using arrays to facilitate assigning variables in different timeframes.

  I have attached my flowchart and gratefully would welcome any ideas as I have spent so long on this …..  I know the manual method works (but is tedious to stare at the screen for 8 hours).

  Any help would be most welcome, thank you in anticipation.

  

  maleczek

  Participant

  Topics: 10

  Replies: 17

  Been thanked: 8 times
  12/23/2022 at 8:12 AM #206220
  maleczek

  Hi again,

  In my haste I posted the DOW version of the flowchart – which works as does FTSE etc. but the GERMANY 40 is most consistent.

  Please find atttached the DAX flowchart,

  Sorry for the mistake,

   

  

  maleczek

  Participant

  Topics: 10

  Replies: 17

  Been thanked: 8 times
  12/23/2022 at 9:37 PM #206249
  JS

  Hi @maleczek

  I started from your text but haven’t tested it yet…

  I have a headache now… 😉

  Regards Jaap

  DAX 40 PSAR System

  DefParam CumulateOrders = False mySAR = SAR[0.02,0.02,0.2] //SAR changes from Red to Green and first Green Bar IF High[1] > mySAR[1] and Close > Open and NOT ShortonMarket THEN xLoft = High + 2*PointSize //Set xLoft Ignored = 0 ElsIf High[1] > mySAR[1] and Close < Open then Ignored = 1 Else ExitShort at Market EndIf If High > xLoft and Ignored = 0 then Buy 1 contract at Market Set Target pProfit 20 Set Stop pLoss 40 Ignored = 1 EndIf //SAR changes from Green to Red and first Red bar IF Low[1] < mySAR[1] and Close < Open and NOT LongOnMarket THEN xDell = Low - 2*PointSize //Set xDell Ignored = 0 ElsIf Low[1] < mySAR[1] and Close > Open then Ignored = 1 Else Sell at Market EndIf If Low < xDell and Ignored = 0 then SellShort 1 contract at Market Set Target pProfit 20 Set Stop pLoss 40 Ignored = 1 ENDIF

  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

  DefParam CumulateOrders = False   mySAR = SAR[0.02,0.02,0.2]   //SAR changes from Red to Green and first Green Bar IF High[1] > mySAR[1] and Close > Open and NOT ShortonMarket THEN xLoft = High + 2*PointSize //Set xLoft Ignored = 0 ElsIf High[1] > mySAR[1] and Close < Open then Ignored = 1 Else ExitShort at Market EndIf   If High > xLoft and Ignored = 0 then Buy 1 contract at Market Set Target pProfit 20 Set Stop pLoss 40 Ignored = 1 EndIf   //SAR changes from Green to Red and first Red bar IF Low[1] < mySAR[1] and Close < Open and NOT LongOnMarket THEN xDell = Low - 2*PointSize //Set xDell Ignored = 0 ElsIf Low[1] < mySAR[1] and Close > Open then Ignored = 1 Else Sell at Market EndIf   If Low < xDell and Ignored = 0 then SellShort 1 contract at Market Set Target pProfit 20 Set Stop pLoss 40 Ignored = 1 ENDIF

  

  JS

  Participant

  Topics: 26

  Replies: 1718

  Been thanked: 779 times
  12/25/2022 at 11:42 AM #206301
  maleczek

  Sincere Thanks Jaap,

  I hope I didn’t cause the headache … Merry Christmas 🙂

   

   

  1 user thanked author for this post.

  JS

  

  maleczek

  Participant

  Topics: 10

  Replies: 17

  Been thanked: 8 times
• Author
  Posts