Indicator, Call, Backtest

• 12/08/2022 at 11:20 AM #205376
  Dizi

  Hi,

  I am stuck with this. Can someone help in this matter?

   

  I have created an indicator with some variables which will be used as call indicator in my strategy.

   

  I do not know how to created  formula/script which will use these variables via backtest in my strategy to choose the best one.

   

  Regards

  Maciej

   

  

  Dizi

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  12/08/2022 at 12:19 PM #205382
  JS

  Hi @Dizi

  What do you want the indicator to do?

  What your indicator does now is check whether “Average[20](Close) – Average[50](Close) >

  5/10/15/20 (5 divided by 10 divided by 15 divided by 20= 0.001666)

  Is that the intention?

  

  JS

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  12/08/2022 at 12:32 PM #205384
  Dizi

  Hi,

   

  The intention in strategy is ;

  If Average[20](close)-Average[50](close)> 5 or 10 or 15 then

  Buy at market

  Endif

  I wish not to show this into a strategy so I was told to create an indicator and use call an indicator in a strategy.

  However, I do not know how to create this indicator and then give an option of backtesting strategy to find out if 5, 10 or 15 is better.

   

   

  

  Dizi

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  12/08/2022 at 12:48 PM #205389
  JS

  You don’t have to use a “Call”.

  When you use this code in your strategy, you can optimize the strategy…

   

  Dizi

  xValue = 0 While xValue <> 20 xValue = xValue + 5 If Average[20](Close) - Average[50](Close) >= xValue then Buy 1 contract at Market EndIf WEnd

  1 2 3 4 5 6 7

  xValue = 0 While xValue <> 20 xValue = xValue + 5 If Average[20](Close) - Average[50](Close) >= xValue then Buy 1 contract at Market EndIf WEnd

  

  JS

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  12/08/2022 at 12:55 PM #205391
  Dizi

  Yes I  know but I do not wish to show this into a strategy as I will be visible.

   

  That is the reason I would like to create an indicator and use option call in a strategy.

   

   

  

  Dizi

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  12/08/2022 at 2:25 PM #205395
  JS

  Step 1: Create your indicator

  (Name indicator = Dizi)

  xAvg20 = Average[x1](close)
  xAvg50 = Average[x2](close)
  xDiff = xAvg20 – xAvg50
  Return xDiff

  (Parameters: x1=20 and x2=50)

  Step2: Create your strategy

  (Parameter: xValue= 0 to 20 step 5)

  DefParam CumulateOrders=false
  MyDizi = Call “Dizi”[20.50]
  If MyDizi > xValue then
  Buy 1 contract at market
  ElsIf MyDizi < xValue then SellShort 1 contract at market EndIf

  

  JS

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  12/08/2022 at 2:30 PM #205397
  JS

  Last “EndIf” on a new line…

  

  JS

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  12/08/2022 at 2:47 PM #205401
  JS

  When you “play” with the different values, you get nice results…

  

  JS

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  12/08/2022 at 2:51 PM #205403
  Dizi

  I cannot believe you are Genius 🙂

  Thanks a lot.

  My I have one more question.

  Is there an option of adding these parameters into the script so when someone will use this script the parameters will be automatically added into backtest ?

  

  Dizi

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  12/08/2022 at 3:05 PM #205404
  JS

  That is possible, replace the parameters with the values you want to use in your code…

  For example:

  xAvg20=Average[x1](Close)  xAvg20=Average[20](Close)

  or

  If MyDizi > xValue then  If MyDizi > 10 then

  

  JS

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  12/08/2022 at 3:14 PM #205405
  Dizi

  Please find the attached picture.

  I would like the values from backtest to be added somehow into the script  so when someone will use this script these values will be automatically added into backtest mode.

  

  Dizi

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  12/08/2022 at 3:24 PM #205410
  JS

  When you specify these values (parameters) in your strategy (as in your screenshot) then everyone who uses the strategy will work with these values…

  (Do you mean that?)

  

  JS

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  12/08/2022 at 3:32 PM #205411
  Dizi

  Yes.

  I would like these to be predefined exactly as in the picture and added automatically so someone will only have to click backtest and choose the optimised one.

  

  Dizi

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  12/08/2022 at 3:38 PM #205413
  JS

  That’s right, that’s exactly what happens when you include these parameters in your strategy under the “optimization parameters”…

  

  JS

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  12/08/2022 at 4:05 PM #205418
  Dizi

  Thank you kindly.

   

  I have been working on this strategy for last few months. I have added the missing part with you help.

   

  I have been live for last few weeks and it brings +100% every month.

  Please check the attached picture.

   

  1 user thanked author for this post.

  JS

  

  Dizi

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