Candlecode Strategy: split into long and short?

Author: allanpeace

Creation Date: 12/5/2014 2:19 PM

Wealth Lab » Trading Strategies » Candlecode Strategy: split into long and short?

allanpeace

12/5/2014 2:19 PM

I need help to split this stragegy into two parts, one for Long only,, and one for Short only. Also I intend to use it intraday on stocks from $2-5 range, in case that would suggest additional adjustments. Thanks for any help available.

Eugene

12/5/2014 3:42 PM

Here you go:

CODE:
Please log in to see this code.

Notes:

1. The first slider controls Long, Short and Both trades.

2. By default, it doesn't filter stocks by their price; drag the 2nd slider to 1 to activate the option.

Size:

Color:

Here you go:

[code]/* CandleCode System*/
using System;
using System.Collections.Generic;
using System.Text;
using System.Drawing;
using WealthLab;
using WealthLab.Indicators;
using TASCIndicators;

namespace WealthLab.Strategies
{
	public class CandleCode_allanpeace: WealthScript
	{
		enum Mode { Long, Short, Both }
		
		private StrategyParameter paramMode;
		private StrategyParameter paramRange;
		
		public CandleCode_allanpeace()
		{
			paramMode = CreateParameter("Long/Short/L+S",0,0,2,1);
			paramRange = CreateParameter("Apply range",0,0,1,1);
		}
		
		protected override void Execute()
		{
			//I need help to split this stragegy into two parts, one for Long only,, and one for Short only.
			Mode m = paramMode.ValueInt == 0 ? Mode.Long : 
				paramMode.ValueInt == 1 ? Mode.Short : Mode.Both;
			bool applyIntradayRange = paramRange.ValueInt == 0 ? true : false;
			
			// Create and Plot CandleCode with a 20 day SMA 
			DataSeries cc = CandleCode.Series(Bars);
			DataSeries smaCC = SMA.Series(cc, 20);
			ChartPane cp = CreatePane(40, true, true);			
			PlotSeries(cp, cc, Color.Blue, LineStyle.Histogram, 1);
			PlotSeries(cp, smaCC, Color.Red, LineStyle.Solid, 1);
			
			//Simple CandleCode trading system
			PlotStops();
			for(int bar = 20; bar < Bars.Count; bar++)
			{
				if (IsLastPositionActive)
				{
					// 20% stop and 15% Profit Target
					Position p = LastPosition;
					if (p.PositionType == PositionType.Long)
					{					
						if( ! SellAtStop(bar + 1, p, p.EntryPrice * 0.8, "Stop Loss") ) 
							SellAtLimit(bar + 1, p, p.EntryPrice * 1.15, "Profit Target");						
					}
					else if( ! CoverAtStop(bar + 1, p, p.EntryPrice * 1.2, "Stop Loss") ) 
						CoverAtLimit(bar + 1, p, p.EntryPrice * 0.85, "Profit Target");	
				}
				else
				{
					//Also I intend to use it intraday on stocks from $2-5 range
					if( applyIntradayRange && (Close[bar] >= 2.0 && Close[bar] <= 5.0) )
					{					
						if( CrossUnder(bar, smaCC, -25) && (m != Mode.Short) )
							BuyAtMarket(bar + 1);
						else if( CrossOver(bar, smaCC, 25) && (m != Mode.Long) )
							ShortAtMarket(bar + 1);
					}
				}
			}
		}
	}
}[/code]

[b][i]Notes:[/i][/b]

1. The first slider controls Long, Short and Both trades.

2. By default, it doesn't filter stocks by their price; drag the 2nd slider to 1 to activate the option.

Wealth Lab » Trading Strategies » Candlecode Strategy: split into long and short?