Short Term Volatility

• 09/16/2016 at 12:10 PM #13162
  wolf

  Hi, Im having trouble coding a system where it will open a position after a stock has risen/fallen 1% in the last 30 minutes.

  Any help is welcome since I have been struggling to code anything that works.

  Thank you

  Jem

   

  

  wolf

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  09/16/2016 at 7:38 PM #13172
  Nicolas

  There is a specific instruction for Variation that you can use easily to make what you want to do.

  On a 30 minutes chart, the code would be :

  condition = Variation(close)>=1 IF condition THEN BUY 1 SHARE AT MARKET ENDIF

  1 2 3 4 5

  condition = Variation(close)>=1   IF condition THEN BUY 1 SHARE AT MARKET ENDIF

   

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  wolf

  

  Nicolas

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  09/16/2016 at 9:39 PM #13175
  wolf

  ok great thank you, but what if i wanted the last 30 minutes but on a 5 minute chart?

   

  Thanks

  

  wolf

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  09/17/2016 at 8:51 AM #13180
  Nicolas

  You can code it like this, make the summation of the last 6 Variation (6 x 5minutes candlesticks = 30 minutes) :

  condition = summation[6](Variation(close))>=1

  1	condition = summation[6](Variation(close))>=1

  Didn’t test it though, but it should work ok.

   

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  Nicolas

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  09/17/2016 at 11:47 AM #13181
  wolf

  Hi Nicolas,

  I’ve tested it and it seems to work but still unsure as it is the weekend, but thank you for your help.

  I would greatly appreciate it if you could breakdown the part of code listed below since I might need to adjust some conditions at a later date.

  Thanks

  Code:

  condition = summation[100](Variation(close))>=1

  IF condition THEN
  buy 1 share at market
  ENDIF

  

  wolf

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  09/17/2016 at 12:56 PM #13182
  Nicolas

  You want me to explain each line?

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  wolf

  

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  09/17/2016 at 12:57 PM #13183
  wolf

  no sorry just this part please ‘summation[100](Variation(close))>=1’

  

  wolf

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  09/17/2016 at 1:32 PM #13196
  Nicolas

  Summation calculate the sum over the last X periods (100 in this case) of the value under brackets.

  But in this statement, we test if this summation is superior or equal to 1. So if it’s true, the ‘condition’ variable is set to 1 (which is “true” in PRT language).

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  09/17/2016 at 2:16 PM #13201
  wolf

  ok thank you, so if i wanted to adjust the code to look for 2% changes instead of 1%, what part should i alter.

  

  wolf

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  09/17/2016 at 2:39 PM #13202
  wolf

  Also it doesnt seem to work with stocks that have fallen x % it only shows stocks that have gone up

  

  wolf

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  09/17/2016 at 4:30 PM #13206
  wolf

  Hi Nicolas,

  After doing some testing ive found out it works alot better in a screener format, ive only changed the code from ‘buy 1 share at market’ to ‘screener’ and ive found these issues:

  • Code doesn’t display stocks that have fallen, only risen
  • It doesn’t work alot of the time, for example to test the code, I found some examples where the stock has risen 1% or more in the last few hours of Friday’s trading day and adjusted the screener to the same amount of hours and the stock wont appear in the screener when it should.
  • It works well when candles our on ‘daily’ (still only stocks that have risen) but when I put it on 10 mintues or 5 minutes I have many issues.

  Any help is welcome, thank you

  

  wolf

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  09/17/2016 at 4:56 PM #13208
  Nicolas

  Yes this code is only for rising 1%, if you want to catch the falling stocks, just change the formula to find the ones that are <=-1% .. that’s all 🙂

  I believe you have not real time access, only EOD?

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  09/17/2016 at 5:05 PM #13209
  wolf

  Just added the falling stock code, and everything has gone crazy lol. Have I done something wrong? as it now picks stocks that havnt moved more than 1% in the last 30 mins. Ive attached a picture where you can see my code, the stock and the screener on the left.

  Thanks for your help 🙂

  Image: https://gyazo.com/925f98b99649fb9601bb6d8a7874e259

  

  wolf

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  09/17/2016 at 8:34 PM #13215
  Nicolas

  Ouch…what have you done? 😨
  I’ll fix this tomorrow or maybe later.
  You can also upload pictures here FYI.

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  09/17/2016 at 8:37 PM #13216
  wolf

  Clearly im good at breaking stuff haha
  Anytime before monday would be hugely appreciated.
  I saw you could but the program i use gives me a web link but ill upload the images instead from now on 🙂

  

  wolf

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