US Russel 2000 cash – Consecutive bullish or bearish candlesticks

• 01/18/2018 at 5:53 PM #59828
  Andre Vorster

  The same applies to this post as my other post (Consecutive bullish or bearish candlesticks – DAX)

  I ran this code since 7 Dec 2017 (as a test phase on demo account before going live with it) and so far it has delivered £302. Just over a month.
  1 minute time frame with 1 mini contracts.

  May be someone can some changes or even test it yourself and use it as is.

  US Russel 2000 cash
  Timeframe – 1 min
  Contract – 1 x mini.

  US Russel 2000 cash - Consecutive bullish or bearish candlesticks

  //------------------------------------------------------------------------- //PRC_TS multiple candlesticks | indicator //01.03.2017 //Nicolas @ www.prorealcode.com //Sharing ProRealTime knowledge //graph dayofweek //This is not my code. //This was written and published by Sir. Nicolas. // Prevents the system from placing new orders on specified days of the week //daysForbiddenEntry = OpenDayOfWeek = 1 OR OpenDayOfWeek = 2 OR OpenDayOfWeek = 3 OR OpenDayOfWeek = 5 // --- parameters Size = 1 //position size StopLoss = 12 //stoploss in points TakeProfit = 9 //takeprofit in points Xcandlesticks = 4 //consecutive bullish or bearish candlesticks to open a new position InverseTrading = 0 //(0=false ; 1=true) trade in the same direction of the candlesticks pattern or not CumulateOrder = 1 //(0=false ; 1=true) cumulate or not a new trade if the current candlestick is in the same trend as the pattern // ------------ //detecting patterns bearpattern = summation[Xcandlesticks](close<open)=Xcandlesticks bullishpattern = summation[Xcandlesticks](close>open)=Xcandlesticks //first order if not onmarket then //AND not daysForbiddenEntry then if bearpattern then //AND not daysForbiddenEntry then if InverseTrading then //AND not daysForbiddenEntry then BUY Size CONTRACTS AT MARKET else SELLSHORT Size CONTRACT AT MARKET endif lastbar = barindex lastpattern = -1 endif if bullishpattern then //AND not daysForbiddenEntry then if InverseTrading then //AND not daysForbiddenEntry then SELLSHORT Size CONTRACT AT MARKET else BUY Size CONTRACTS AT MARKET endif lastbar = barindex lastpattern = 1 endif endif //cumulate order when a new pattern occurred if onmarket and not CumulateOrder and barindex-lastbar>=Xcandlesticks then // AND not daysForbiddenEntry then if bearpattern then //AND not daysForbiddenEntry then if InverseTrading then // AND not daysForbiddenEntry then BUY Size CONTRACTS AT MARKET else SELLSHORT Size CONTRACT AT MARKET endif lastbar = barindex endif if bullishpattern then // AND not daysForbiddenEntry then if InverseTrading then //AND not daysForbiddenEntry then SELLSHORT Size CONTRACT AT MARKET else BUY Size CONTRACTS AT MARKET endif lastbar = barindex endif endif //cumulate order when a new consecutive candletick happen right after the pattern occurred if onmarket and CumulateOrder and barindex-lastbar=1 then // AND not daysForbiddenEntry then if longonmarket then // AND not daysForbiddenEntry then if (close>open and lastpattern=1) or (close<open and lastpattern=-1) then //AND not daysForbiddenEntry then BUY Size CONTRACTS AT MARKET lastbar = barindex endif endif if shortonmarket then //AND not daysForbiddenEntry then if (close>open and lastpattern=1) or (close<open and lastpattern=-1) then // AND not daysForbiddenEntry then SELLSHORT Size CONTRACT AT MARKET lastbar = barindex endif endif endif SET STOP PLOSS StopLoss SET TARGET PPROFIT TakeProfit //END

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  //------------------------------------------------------------------------- //PRC_TS multiple candlesticks | indicator //01.03.2017 //Nicolas @ www.prorealcode.com //Sharing ProRealTime knowledge //graph dayofweek   //This is not my code. //This was written and published by Sir. Nicolas.     // Prevents the system from placing new orders on specified days of the week //daysForbiddenEntry = OpenDayOfWeek = 1 OR OpenDayOfWeek = 2 OR OpenDayOfWeek = 3 OR OpenDayOfWeek = 5   // --- parameters Size = 1 //position size StopLoss = 12 //stoploss in points TakeProfit = 9 //takeprofit in points Xcandlesticks = 4 //consecutive bullish or bearish candlesticks to open a new position InverseTrading = 0 //(0=false ; 1=true) trade in the same direction of the candlesticks pattern or not CumulateOrder = 1 //(0=false ; 1=true) cumulate or not a new trade if the current candlestick is in the same trend as the pattern // ------------   //detecting patterns bearpattern = summation[Xcandlesticks](close<open)=Xcandlesticks bullishpattern = summation[Xcandlesticks](close>open)=Xcandlesticks   //first order if not onmarket then //AND not daysForbiddenEntry then if bearpattern  then //AND not daysForbiddenEntry then if InverseTrading  then //AND not daysForbiddenEntry then BUY Size CONTRACTS AT MARKET else SELLSHORT Size CONTRACT AT MARKET endif lastbar = barindex lastpattern = -1 endif if bullishpattern then //AND not daysForbiddenEntry then if InverseTrading then //AND not daysForbiddenEntry then SELLSHORT Size CONTRACT AT MARKET else BUY Size CONTRACTS AT MARKET endif lastbar = barindex lastpattern = 1 endif endif   //cumulate order when a new pattern occurred if onmarket and not CumulateOrder and barindex-lastbar>=Xcandlesticks then // AND not daysForbiddenEntry  then if bearpattern then //AND not daysForbiddenEntry then if InverseTrading then // AND not daysForbiddenEntry then BUY Size CONTRACTS AT MARKET else SELLSHORT Size CONTRACT AT MARKET endif lastbar = barindex endif if bullishpattern then // AND not daysForbiddenEntry then if InverseTrading then //AND not daysForbiddenEntry then SELLSHORT Size CONTRACT AT MARKET else BUY Size CONTRACTS AT MARKET endif lastbar = barindex endif endif   //cumulate order when a new consecutive candletick happen right after the pattern occurred if onmarket and CumulateOrder and barindex-lastbar=1 then // AND not daysForbiddenEntry then if longonmarket then // AND not daysForbiddenEntry then if (close>open and lastpattern=1) or (close<open and lastpattern=-1) then //AND not daysForbiddenEntry then BUY Size CONTRACTS AT MARKET lastbar = barindex endif endif if shortonmarket then //AND not daysForbiddenEntry then if (close>open and lastpattern=1) or (close<open and lastpattern=-1) then // AND not daysForbiddenEntry then SELLSHORT Size CONTRACT AT MARKET lastbar = barindex endif endif endif   SET STOP PLOSS StopLoss SET TARGET PPROFIT TakeProfit   //END

   

  

  Andre Vorster

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  01/19/2018 at 3:20 PM #59900
  mr blue

  Thanks Andre for sharing this strategy. R2K hasn’t yet been on my trading list, but I think it’s worth an attempt. Let me check your code on myside.

   

  

  mr blue

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