Buy at next bar that exceeds the high after a 3-bar pullback

RodrigoAcioli

#1

11/29/2020 1:18 AM

I would like some help, as I am unable to complete my strategy. My idea is: Buy the NEXT candle that exceeds the maximum of the previous one, as long as we have the following sequence: minimum lower than the previous + minimum higher than the previous, we bought the exceedance of this, but the order is being executed in the current candle and not in overcoming this.

CODE:
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Thank you very much for your help!

123.png

Rules_part 1.PNG

Rules_part 2.PNG

Rules_part 3.PNG

Rules_part 4.PNG

Eugene

#2

11/29/2020 8:23 AM

I have trouble understanding your rules. The highlighted fragment is contradictory and cannot be achieved in real life:

QUOTE:
Buy the NEXT candle that exceeds the maximum of the previous one, as long as we have the following sequence: minimum lower than the previous + minimum higher than the previous, we bought the exceedance of this, but the order is being executed in the current candle and not in overcoming this.

RodrigoAcioli

#3

11/30/2020 2:30 AM

Eugene,

Sorry my English, but can you understand the attached image?
I would like to buy when the prices exceed the maximum of this third candle.

123.png

Cone

#4

11/30/2020 6:44 AM

Hi Rodrigo,
In a Rules-based Strategy you can use the Condition > Price (or Volume) Action > Price turns up: Low

In code either of these rules would work:

CODE:
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RodrigoAcioli

#5

12/1/2020 1:34 AM

Hi Cone,
I can't really apply any of the rules (condition or code). Because I need the sequence of "minimums" to be respected.
Did you understand the entry rule?

Thank you very much for your attention!

Eugene

#6

12/1/2020 5:42 AM

WL's TurnUp function precisely matches your screenshot.

Cone

#7

12/1/2020 10:07 AM

The CumUp.Value equals 1 also precisely matches.
It works because it looks for the first time the series moves up, which means it was previously moving down.

But if you're using rules-base code, just add the Price Turns Up condition, click on it, and select "Low" for the price that turns up.

RodrigoAcioli

#8

12/4/2020 2:14 AM

Cone,

thank you very much for your help!
I have programmed my rule, but I need a supplement.
My stop gain would be the ranger between the minimum of candle 2 and the maximum between 3 candles, could you help me in this execution?

CODE:
Please log in to see this code.

StopGain.PNG

Size:

Color:

Cone,

thank you very much for your help! 
I have programmed my rule, but I need a supplement. 
My stop gain would be the ranger between the minimum of candle 2 and the maximum between 3 candles, could you help me in this execution?

[code]using System;
using System.Collections.Generic;
using System.Text;
using System.Drawing;
using WealthLab;
using WealthLab.Indicators;

namespace WealthLab.Strategies
{
	public class MyStrategy : WealthScript
	{
		
		protected override void Execute()
		{
			DataSeries ma = EMAModern.Series(Close, 8);
			DataSeries ma_1 = EMAModern.Series(Close, 80);

PlotSeries(PricePane, Highest.Series(High, 1) >> 1, Color.Red, LineStyle.Solid, 1);
			PlotSeries(PricePane,EMAModern.Series(Close,8),Color.Blue,LineStyle.Solid,2);
			PlotSeries(PricePane,EMAModern.Series(Close,80),Color.Blue,LineStyle.Solid,2);

for(int bar = GetTradingLoopStartBar(81); bar < Bars.Count; bar++)
			{
				if (IsLastPositionActive)
				{
					Position p = LastPosition;
					if (p.EntrySignal.Contains("Group2|"))
					{
						double Stop = Low[p.EntryBar - 1] - 0.01;
						SellAtStop(bar + 1, p, Stop, "Group2");
					}
					if (p.EntrySignal.Contains("Group1|"))
					{
						var peb1 = p.EntryBar - 1;
						var peb2 = p.EntryBar - 2;
						var range = High[peb1] - Low[peb2];
						double Limit = p.EntryPrice + range * 1;
						SellAtLimit(bar + 1, p, Limit, "Group1");
					}

}
				else
				{
					if (Close[bar] > ma[bar])
					{
						if (Close[bar] > ma_1[bar])
						{
							if (TurnUp(bar, Low))
							{
								BuyAtStop(bar + 1, Highest.Value(bar, High, 1), "Group1|Group2|");
							}
						}
					}

}
			}
		}
	}
}

[/code]

Eugene

#9

12/4/2020 5:51 AM

QUOTE:
the minimum of candle 2 and the maximum between 3 candles,

Given that your bar #2 is EntryBar - 1 and bar #3 is EntryBar, it's apparently something like this:

CODE:
Please log in to see this code.

RodrigoAcioli

#10

12/4/2020 10:12 AM

Good morning Eugene,

I would like the ranger to be the largest among the 3 bars (automatically) as there will always be a variation of who is the largest in the backtest, as shown in the attached image. it would be possible?

I really appreciate your attention!

Eugene

#11

12/4/2020 10:44 AM

QUOTE:
the largest among the 3 bars (automatically)

Of course it's possible. The range here is defined as the difference between the highest and lowest prices of the 3-day range from the bar preceding the signal bar:

CODE:
Please log in to see this code.

RodrigoAcioli

#12

12/6/2020 1:37 AM

Eugene, perfect!

Once again, I appreciate the help!

Eugene

#13

12/6/2020 5:25 AM

Glad I could help you Rodrigo!

RodrigoAcioli

#14

1/4/2021 2:14 AM

I would like help in creating the rule, with the following conditions:

1 - Closing below the previous 2 candles;
2 - Its closure is greater than its opening (Candle current is green);
3 - Previous candle is red;

How can I ensure the last 2 conditions?
(It can be by rules or code)

Attached example!

CODE:
Please log in to see this code.

Imagem1.png

Imagem2.png

Size:

Color:

I would like help in creating the rule, with the following conditions:

1 - Closing below the previous 2 candles;
2 - Its closure is greater than its opening (Candle current is green);
3 - Previous candle is red;

How can I ensure the last 2 conditions? 
(It can be by rules or code)

Attached example!

[code]using System;
using System.Collections.Generic;
using System.Text;
using System.Drawing;
using WealthLab;
using WealthLab.Indicators;

namespace WealthLab.Strategies
{
	public class MyStrategy : WealthScript
	{
		
		protected override void Execute()
		{

PlotSeries(PricePane, Highest.Series(High, 1) >> 1, Color.Red, LineStyle.Solid, 1);

for(int bar = GetTradingLoopStartBar(4); bar < Bars.Count; bar++)
			{
				if (IsLastPositionActive)
				{
					Position p = LastPosition;
					if (p.EntrySignal.Contains("Group2|"))
					{
						double Stop = Low[p.EntryBar - 1] - 0.01;
						SellAtStop(bar + 1, p, Stop, "Group2");
					}
					if (p.EntrySignal.Contains("Group1|"))
					{
						var peb = p.EntryBar - 1;
						var range = High[peb] - Low[peb];
						double Limit = p.EntryPrice + range * 1.61;
						SellAtLimit(bar + 1, p, Limit, "Group1");
					}

}
				else
				{
					if (Close[bar] < Close[bar - 3])
					{
						int cntMultiCondition1 = 0;
						int saveBar1 = bar;
						for(int i = 1; i > 0; --i)
						{
							if (Close[bar] > Open[bar])
							{
								cntMultiCondition1++;
								break;
							}
							bar--;
						}
						bar = saveBar1;
						if (cntMultiCondition1 >= 1)
						{
							BuyAtStop(bar + 1, Highest.Value(bar, High, 1), "Group1|Group2|");
						}
					}

}
			}
		}
	}
}[/code]