Help translate a Fractal indicator into a Probacktest automatic trading

• 01/22/2020 at 4:54 PM #117537
  sahero

  Hello,

  I’m wondering if someone would be nice enough help me translate an indicator into a Probacktest.
  Indicator is based on Bill Williams fractals and places markers on the graph. I’d like to open positions on these markers :

  Bill Williams Fractals

  signal = 0 // Fractals N candles Ncandles = 5 // N Candles each side extreme candle Nside = (Ncandles - 1) / 2 // Sup fractal definition IF high[Nside] >= highest[Ncandles](high) THEN Fup = high[Nside] signal = -1 ENDIF // Inf fractal def IF low[Nside] <= lowest[Ncandles](low) THEN Fdown = low[Nside] signal = 1 ENDIF // Draw signals IF signal = 1 THEN DRAWARROWUP(barindex[2],low[2]-Averagetruerange[5]/3)coloured(0,150,0) ELSIF signal = -1 THEN DRAWARROWDOWN(barindex[2],high[2]+Averagetruerange[5]/3)coloured(255,0,0) ENDIF Return Fup as "Fup", Fdown as "Fdown"

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  signal = 0   // Fractals N candles Ncandles = 5   // N Candles each side extreme candle Nside = (Ncandles - 1) / 2   // Sup fractal definition IF high[Nside] >= highest[Ncandles](high) THEN Fup = high[Nside] signal = -1 ENDIF   // Inf fractal def IF low[Nside] <= lowest[Ncandles](low) THEN Fdown = low[Nside] signal = 1 ENDIF   // Draw signals IF signal = 1 THEN DRAWARROWUP(barindex[2],low[2]-Averagetruerange[5]/3)coloured(0,150,0) ELSIF signal = -1 THEN DRAWARROWDOWN(barindex[2],high[2]+Averagetruerange[5]/3)coloured(255,0,0) ENDIF   Return Fup as "Fup", Fdown as "Fdown"

  I’d like to open following positions :

  On signal Fup, buy 1 shares at market / take profit @ 0.3% / Stop loss @ 0.10%
  On signal Fdown, sell short 1 shares at market / take profit @ 0.3% / Stop loss @ 0.10%

  Many thanks in advance !

  

  sahero

  Participant

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  01/24/2020 at 1:22 PM #117690
  Nicolas

  The strategy coded in this topic is exactly what you are requesting for: https://www.prorealcode.com/topic/fractal-systeme/

  It deals with entries made after new fractals are discovered.

  1 user thanked author for this post.

  sahero

  

  Nicolas

  Keymaster

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