Nicolas' 'Pivot Reversal Strategy Alert' – Coding

• 12/30/2019 at 11:20 AM #115604
  Giddy

  Hi,

  Nicolas posted his ‘Pivot Reversal Strategy Alert’ indicator approximately one year ago (https://www.prorealcode.com/prorealtime-indicators/pivot-reversal-strategy-alerts/) and looks promising when manually backtesting.  Does anyone know if this has been coded to create an automated strategy, which will also help to backtest using different parameters?  Any help much appreciated.

  Thanks,

  Andrew

  

  Giddy

  Participant

  Topics: 6

  Replies: 19

  Been thanked: 9 times
  12/30/2019 at 2:49 PM #115610
  GraHal

  Here you are … found same as Screener here …

  https://www.prorealcode.com/topic/pivot-reversal-strategy-alerts-screener/#post-100958

  If you improve let us know please?

  The top Image attached is using a coded Trailing Stop … less Drawdown, but less Profit also.

  DEFPARAM CUMULATEORDERS = False //PRC_Pivot Reversal Strategy | indicator //14.02.2019 //Nicolas @ http://www.prorealcode.com //Sharing ProRealTime knowledge // — settings leftp = 82//4 rightp = 20 //2 // — end of settings period=max(leftp,rightp) hh = highest[period](high) ll = lowest[period](low) if hh<>hh[1] then hhbar=barindex hhprice=high endif if ll<>ll[1] then llbar=barindex llprice=low endif if barindex-hhbar=rightp then //drawtext("•",hhbar,hhprice) coloured(168,168,168) top=hhprice endif if barindex-llbar=rightp then //drawtext("•",llbar,llprice) coloured(168,168,168) bottom=llprice endif //atr=averagetruerange[14] x = 0 if high crosses over top and lastsig<=0 then //drawarrowup(barindex,low-atr/2) coloured(30,144,255) lastsig=1 x = 1 endif if low crosses under bottom and lastsig>=0 then //drawarrowdown(barindex,high+atr/2) coloured(255,48,48) lastsig=-1 x = 2 endif //SCREENER[x](x AS "1=↑, 2=↓") If X =1 Then Buy at Market //SET STOP PLOSS A44 //SET TARGET PPROFIT A45 Endif If X =2 Then SellShort at Market //SET STOP PLOSS A50 //SET TARGET PPROFIT A51 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 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52

  DEFPARAM CUMULATEORDERS = False //PRC_Pivot Reversal Strategy | indicator //14.02.2019 //Nicolas @ http://www.prorealcode.com //Sharing ProRealTime knowledge // — settings leftp = 82//4 rightp = 20 //2 // — end of settings period=max(leftp,rightp) hh = highest[period](high) ll = lowest[period](low) if hh<>hh[1] then hhbar=barindex hhprice=high endif if ll<>ll[1] then llbar=barindex llprice=low endif if barindex-hhbar=rightp then //drawtext("•",hhbar,hhprice) coloured(168,168,168) top=hhprice endif if barindex-llbar=rightp then //drawtext("•",llbar,llprice) coloured(168,168,168) bottom=llprice endif //atr=averagetruerange[14] x = 0 if high crosses over top and lastsig<=0 then //drawarrowup(barindex,low-atr/2) coloured(30,144,255) lastsig=1 x = 1 endif if low crosses under bottom and lastsig>=0 then //drawarrowdown(barindex,high+atr/2) coloured(255,48,48) lastsig=-1 x = 2 endif //SCREENER[x](x AS "1=↑, 2=↓") If X =1 Then Buy at Market //SET STOP PLOSS A44 //SET TARGET PPROFIT A45 Endif   If X =2 Then SellShort at Market //SET STOP PLOSS A50 //SET TARGET PPROFIT A51 Endif

   

  2 users thanked author for this post.

  Nicolas, Edmond

  

  GraHal

  Participant

  Topics: 214

  Replies: 8831

  Been thanked: 2202 times
• Author
  Posts