Hello everyone!
I'm struggling with getting the right syntax for a backtest system i'm creating on ProRealTime. I was hoping to get some help on this forum
So in short:
I am only using Bollinger bands for now, on an daily chart,
First things first, so i wanted to first make the code for a "neutral" market (the trending market comes later): the conditions i am using:
Long:
- The low of the candle must have crossed the lower band
- In order to check if the market isn't trending we check the previous high over a timespan of 12 days, and we check if this high have reached the upperband.
Its the same to go Short
Now for the question : I'm having trouble finding the value of the upper (or lower) band that goes with the previous high/low. I have some ideas, like implementing date and find it that way, but i have no idea how to do this in code! (the method in the code isnt right)
Code for now:
BollTop = BollingerUp[20](close)
BollDown = BollingerDown[20](close)
PrevHigh = Highest[12](High)
PrevLow = Lowest[12](Low)
PlusPrevHigh = Highest[12](BollingerUp[20](close))
MinPrevLow = Lowest[12](BollingerDown[20](close))
c1 = (Low < BollDown)
c2 = (PrevHigh > PlusPrevHigh)
IF c1 AND c2 THEN
BUY 5 SHARES AT MARKET
ENDIF
c3 = (High > BollTop)
c4 = (PrevLow < MinPrevLow)
IF c3 THEN
SELL AT MARKET
ENDIF
IF c3 AND c4 THEN
SELLSHORT 5 SHARES AT MARKET
ENDIF
IF c1 THEN
EXITSHORT AT MARKET
ENDIF
Sorry for my english and don't shoot me if i am in the wrong place of the forum
Thanks and have a nice day!
I'm struggling with getting the right syntax for a backtest system i'm creating on ProRealTime. I was hoping to get some help on this forum
So in short:
I am only using Bollinger bands for now, on an daily chart,
First things first, so i wanted to first make the code for a "neutral" market (the trending market comes later): the conditions i am using:
Long:
- The low of the candle must have crossed the lower band
- In order to check if the market isn't trending we check the previous high over a timespan of 12 days, and we check if this high have reached the upperband.
Its the same to go Short
Now for the question
: I'm having trouble finding the value of the upper (or lower) band that goes with the previous high/low. I have some ideas, like implementing date and find it that way, but i have no idea how to do this in code! (the method in the code isnt right)Code for now:
BollTop = BollingerUp[20](close)
BollDown = BollingerDown[20](close)
PrevHigh = Highest[12](High)
PrevLow = Lowest[12](Low)
PlusPrevHigh = Highest[12](BollingerUp[20](close))
MinPrevLow = Lowest[12](BollingerDown[20](close))
c1 = (Low < BollDown)
c2 = (PrevHigh > PlusPrevHigh)
IF c1 AND c2 THEN
BUY 5 SHARES AT MARKET
ENDIF
c3 = (High > BollTop)
c4 = (PrevLow < MinPrevLow)
IF c3 THEN
SELL AT MARKET
ENDIF
IF c3 AND c4 THEN
SELLSHORT 5 SHARES AT MARKET
ENDIF
IF c1 THEN
EXITSHORT AT MARKET
ENDIF
Sorry for my english
and don't shoot me if i am in the wrong place of the forum Thanks and have a nice day!