Market Phases Code Snippet

• 09/02/2024 at 10:22 PM #237035
  SweTrade

  Hi!

  I recently listened to a “Better System Trader” podcast about Market Phases, where the person interviewed talked about 6 different market phases. I coded these quickly and thought I would share it with you. Feel free to add in any other ideas or code snippets you use to define market phases to improve your algos.

  To use this snippet, I add the “and $mp[x]” to my buy conditions and then optimize x between 1-6, to see if any market phases are bad for the particular system.

  Market Phases

  //Market Phases // based off https://www.youtube.com/live/pXxmhZsqbzA?si=UbPSOTYNvrVpvc-v Timeframe (1 day) MA200 = average[200] (close) MA50 = average[50] (close) $mp[1] = close > MA50 and MA50 > MA200 and MA50[0] > MA50[1] and MA200[0] > MA200[1] //Bullish Phase $mp[2] = close < MA50 and MA50 > MA200 // Warning Phase $mp[3] = MA50[0] < MA50[1] and MA50 > MA200 and MA200[0] > MA200[1] //Distribution Phase $mp[4] = MA50[0] < MA50[1] and MA200[0] < MA200[1] and MA50 < MA200 //Bearish Phase $mp[5] = MA200[0] < MA200[1] and MA50[0] > MA50[1] and close > MA50 and close < MA200 //Recovery Phase $mp[6] = close > MA50 and MA50[0] > MA50[1] and MA200[0] > MA200[1] //Accumulation Phase Timeframe (default) and $mp[x]

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  //Market Phases   // based off https://www.youtube.com/live/pXxmhZsqbzA?si=UbPSOTYNvrVpvc-v   Timeframe (1 day)   MA200 = average[200] (close) MA50 = average[50] (close)   $mp[1] = close > MA50 and MA50 > MA200 and MA50[0] > MA50[1] and MA200[0] > MA200[1] //Bullish Phase   $mp[2] = close < MA50 and MA50 > MA200 // Warning Phase   $mp[3] = MA50[0] < MA50[1] and MA50 > MA200 and MA200[0] > MA200[1] //Distribution Phase   $mp[4] = MA50[0] < MA50[1] and MA200[0] < MA200[1] and MA50 < MA200 //Bearish Phase   $mp[5] = MA200[0] < MA200[1] and MA50[0] > MA50[1] and close > MA50 and close < MA200 //Recovery Phase   $mp[6] = close > MA50 and MA50[0] > MA50[1] and MA200[0] > MA200[1] //Accumulation Phase     Timeframe (default)     and $mp[x]

   

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  09/03/2024 at 7:53 AM #237036
  GraHal

  Link to above code added as Log392 here …

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