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Test IDNR4

System for: TradeStation

 

 

Views:  2286

Added: August 23, 2008
 
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Tags: TradeStation, system
 


Re: NR7 Days
. To: omega-list@xxxxxxxxxx
. Subject: Re: NR7 Days
. From: Walt Downs
. Date: Sun, 20 Sep 1998 01:30:21 -0400
. Organization: CIS
. References: <005a01bde41d$e3c2c960$a473b5cc@xxxxxxxxxxxx>
. Reply-To: knight@xxxxxxxxxxxx
. Resent-Date: Sat, 19 Sep 1998 23:36:24 -0700
. Resent-From: omega-list@xxxxxxxxxx
. Resent-Message-ID: <"6qtBE1.0.yy2.e9A1s"@mx1>
. Resent-Sender: omega-list-request@xxxxxxxxxx

Here's another variation:

This system allows testing of all variables. Testing should be done on long and short positions seperately by placing part of the code in brackets. This is a variant of the original Conners IDNR4. Instead of buying and selling the high and low of the contraction day, it looks for confirmation of a breakout when price exceeds a % of a short term average true range. Allows for testing of holding time of n days.



Type : Signal, Name : Test IDNR4
{System: Test IDNR4 (Inside day Narrow range Pattern # 1 (L.C.)
additional AvgTrueRange concept (W.D.) added 1998 }

Input:
CLen(4),
ELen(1),
Avr(2),
Rat(.38),
ExL(0),
ExS(0);

IF Range = Lowest(Range,CLen)
and H < H[ELen] and L > L[ELen] then Begin

Buy High + (AvgTrueRange(Avr)[1]*Rat) stop;
Sell Low - (AvgTrueRange(Avr)[1]*Rat) stop;

End;

If MarketPosition = 1 then Begin

If BarsSinceEntry = ExL then Exitlong at Market;

End;

If MarketPosition = -1 then Begin

If BarsSinceEntry = ExS then ExitShort at market;

End;






Walt Downs
CIS Trading Cos.
Mark Brown wrote:

> Input: NR(4);
> IF H-L > Plot1(High,"High");
> Plot2(Low,"Low");
> IF CheckAlert Then Alert = TRUE;
> End;
>
> ===================================
>
> for those that dont have it! this is a paint bar study ..


 

 



Code:

Type : Signal, Name : Test IDNR4
{System: Test IDNR4 (Inside day Narrow range Pattern # 1 (L.C.)
additional AvgTrueRange concept (W.D.) added 1998 }

Input:
CLen(4),
ELen(1),
Avr(2),
Rat(.38),
ExL(0),
ExS(0);

IF Range = Lowest(Range,CLen)
and H < H[ELen] and L > L[ELen] then Begin

Buy High + (AvgTrueRange(Avr)[1]*Rat) stop;
Sell Low - (AvgTrueRange(Avr)[1]*Rat) stop;

End;

If MarketPosition = 1 then Begin

If BarsSinceEntry = ExL then Exitlong at Market;

End;

If MarketPosition = -1 then Begin

If BarsSinceEntry = ExS then ExitShort at market;

End;

 




 

Code to difficult? Find somebody to help you with coding here.

 


Source: http://www.purebytes.com

 

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