PureBytes Links
Trading Reference Links
|
Hi all I was playing with an formula posted on the
group ages ago to do with % bearish signals,
I want something that I could quickly insert my
search code and then check for performance over X n periods.
included is the modified code form the user group
if any one can see errors or has a better method please contribute
Thanks David
this one use the hammer pattern
/* example exploration 2 */P=10;/* change
percentage loss*/D=20;/* change days to wait for bearish
confirmation*//* buy condition */
MTL=llv(low,5);
COND11=open >= high-(high-low)*.25And Close >= high -
(High-Low)*.25And MTL;
/* Bearish search */COND111=IIF(REF(COND11,-20)>0 AND
LLV(C,20)<(1-(P/100))*REF(C,-D),1,0);
filter=cond111==1;
NUMCOLUMNS=5;
COLUMN0=CUM(COND11);column0name=" Pattern TIMES";
COLUMN1=CUM(COND111);column1name="BEARISH";
COLUMN2=100*COLUMN1/COLUMN0;COLUMN2NAME="% Bearish";
column0format=1.0;column1format=1.0;column2format=1.0;
SELL=COND11;BUY=filter;
|