Help with errors in strategy

• 02/23/2025 at 12:37 AM #244206
  JoshPhoenix

  Someone on X/Twitter has shared a good strategy, I am trying to implement it but there are errors generated.

  I’ve asked AI to convert it to code/txt from the image they shared. The strategy looks quite good, they’ve documented it in the post.

  https://x.com/AlgomaticTrade/status/1893249375758893545

  can anyone help / figure out why it’s not working?

   

  Here’s the converted code:

   

  defparam preLoadBars = 10000 defparam cumulateOrders = false atrPeriods = 39 // ATR calculation period // Variables trueRange = Max(High - Low, Max(Abs(High - Close[1]), Abs(Low - Close[1]))) atr = Average[atrPeriods](trueRange) // ATR based on True Range // Dynamic Position Sizing // User Inputs riskPercent = 1 // Risk percentage for position sizing portfolioSize = 20000 // Default portfolio size // ATR calculation period contractsToTrade = 1 // Number of contracts to trade // Position Sizing Calculation positionEquity = Max(PortfolioEquity, portfolioSize) // Use real equity or default portfolio size contractsToTrade = (riskPercent / 100 * positionEquity) / (atr * PointValue) // Indicators bodyRatio = abs(close-open) / (high-low) // Conditions cl = summation[3](close-open)=3 cl = cl and highest[3](bodyRatio) >= 0.7 clk = summation[3](close-open)=-3 // Action if cl then buy contractsToTrade contract at market endif if clk then sell contractsToTrade contract at market endif

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  defparam preLoadBars = 10000 defparam cumulateOrders = false atrPeriods = 39  // ATR calculation period   // Variables trueRange = Max(High - Low, Max(Abs(High - Close[1]), Abs(Low - Close[1]))) atr = Average[atrPeriods](trueRange)  // ATR based on True Range   // Dynamic Position Sizing // User Inputs riskPercent = 1  // Risk percentage for position sizing portfolioSize = 20000  // Default portfolio size // ATR calculation period   contractsToTrade = 1  // Number of contracts to trade   // Position Sizing Calculation positionEquity = Max(PortfolioEquity, portfolioSize)  // Use real equity or default portfolio size contractsToTrade = (riskPercent / 100 * positionEquity) / (atr * PointValue)   // Indicators bodyRatio = abs(close-open) / (high-low)   // Conditions cl = summation[3](close-open)=3 cl = cl and highest[3](bodyRatio) >= 0.7 clk = summation[3](close-open)=-3   // Action if cl then     buy contractsToTrade contract at market endif   if clk then     sell contractsToTrade contract at market endif

  

  JoshPhoenix

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  02/23/2025 at 9:32 AM #244211
  fifi743

  works for me

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  Iván, JoshPhoenix

  

  fifi743

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  02/23/2025 at 5:28 PM #244239
  JS

  • I have adjusted the conditions, can you see if you mean this…

  • // Checks if the closing price has been higher than the opening price for the last 3 candles
  • C1 = SUMMATION[3](close > open) = 3

  • // Checks if the highest BodyRatio in the last 3 candles is at least 0.7
  • C2 = HIGHEST[3](ABS(close – open) / (high – low)) >= 0.7

  • // Long signal when both conditions are met
  • LongSignal = C1 AND C2

  • // Sell signal when the closing price has been lower than the opening price for the last 3 candles
  • SellSignal = SUMMATION[3](close < open) = 3 • // Execution of buy and sell orders • IF LongSignal THEN • BUY contractsToTrade CONTRACT AT MARKET • ENDIF • IF SellSignal THEN • SELL contractsToTrade CONTRACT AT MARKET • ENDIF

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  JoshPhoenix

  

  JS

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