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Hello
all,
<FONT face=Arial color=#0000ff
size=2> Here are few things on triangles that I have. Don't
know who coded the first one. If anyone does know, please tell so that they may
receive proper credit. Not sure how well these work, haven't really tested
them. The strategy doesn't seem to work on EOD data. I think it's
designed for intraday, but not sure. I only have EOD data and any help
with this strategy would be appreciated. Hope this
helps.
<FONT face=Arial color=#0000ff
size=2>Trey
<FONT face=Arial color=#0000ff
size=2>
<FONT face=Arial color=#0000ff
size=2>{--Triangle
Function--} input:OccurH1(numericsimple),OccurH2(numericsimple),OccurL1(numericsimple), OccurL2(numericsimple),PriceH1(numericseries),PriceH2(numericseries), PriceL1(numericseries),PriceL2(numericseries),StrenH(numericsimple), StrenL(numericsimple),Len(numericsimple);
value1
= SwingHighBar(OccurH1,PriceH1,StrenH,Len);value2 =
SwingHighBar(OccurH2,PriceH2,StrenH,Len);value3 =
SwingLowBar(OccurL1,PriceL1,StrenL,Len);value4 =
SwingLowBar(OccurL2,PriceL2,StrenL,Len);
<FONT face=Arial color=#0000ff
size=2>
Condition1 = high of value2 bars ago > high of value1 bars
ago;Condition2 = low of value4 bars ago < low of value3 bars
ago;Condition3 = HighestBar(H,Len) = value2;Condition4 =
LowestBar(low,Len) = value4;
if Condition1 andCondition2 andCondition3
andCondition4then Triangle = trueelse Triangle = false;
{--Triangle
Indicator--} input:OccurH1(1),OccurH2(2),OccurL1(1),OccurL2(2),PriceH1(high),PriceH2(high),PriceL1(low),PriceL2(low),StrenH(1),StrenL(1),Len(10);
ifTriangle(OccurH1,OccurH2,OccurL1,OccurL2,PriceH1,PriceH2,PriceL1,PriceL2,StrenH,StrenL,Len)=
true then plot1(10,"TriFinder")else plot1(0,"TriFinder");
ifTriangle(OccurH1,OccurH2,OccurL1,OccurL2,PriceH1,PriceH2,PriceL1,PriceL2,StrenH,StrenL,Len)=
true then Alert = true;
{Indicator calculates triangles based on SwingHighs and lows of a 10
day range, and with a swing strength of "1". Largertriangles can be
calculated by increasing thestrength and/or HighestBar/LowestBar range
settings. The indicator plotsa simple "spike" graph, alerting the trader to
the presence of atriangle. The trader can then apply logicaltrendlines
to establish break-out points}
{TrendLine Triangle Long/Short Entry Strategy Written by:
HamFon Contact: <A
href="">ncrowle@xxxxxxxxxxxxxx Web
site: <A
href="">www.hamfon.com/daytrade Date: 07/31/2002,
first version
07/31/2002 Version: 1.00 Status: Gnu Public
License - this indicator may be used or shared freely
with no fee, as long as this original header comment
is included. Purpose: Generates a Buy or Sell Short order based on
ascending or descending triangle formed by
trendlines.}inputs: Size (5), { Specifies how many bars on each
side to validate a High or Low } EMALength
(27), AllowMultipleEntries (false), { blocks new trades if one already
active } DoLong (true), DoShort (true);variables: loop (0),
FoundHigh (false), FoundLow (false);array: DateIndex[1, 1] (0); { index
offsets for [Low,High]; [StartDate, EndDate] }array: DataValue[1, 1] (0); {
[Low,High]; [StartPrice, EndPrice] }
if CurrentBar > Size then begin FoundHigh =
true; FoundLow = true; for loop = 1 to Size
begin if L[Size] > L[Size + loop] or L[Size] > L[Size -
loop] then FoundLow = false; if H[Size] <
H[Size + loop] or H[Size] < H[Size - loop]
then FoundHigh = false; end; if FoundHigh
and CurrentBar - Size * 2 > DateIndex[1, 1] then
begin DateIndex[1, 0] = DateIndex[1,
1]; DataValue[1, 0] = DataValue[1,
1]; DateIndex[1, 1] = CurrentBar -
Size; DataValue[1, 1] = H[Size]; end; if
FoundLow and CurrentBar - Size * 2 > DateIndex[0, 1] then
begin DateIndex[0, 0] = DateIndex[0,
1]; DataValue[0, 0] = DataValue[0,
1]; DateIndex[0, 1] = CurrentBar -
Size; DataValue[0, 1] = L[Size]; end;end;if
DateIndex[0, 0] > 0 and DateIndex[1, 0] > 0 { make sure we have two
trendlines } and (AllowMultipleEntries or MarketPosition =
0) then begin if DoLong and DataValue[1, 1]
> DataValue[1, 0] { higher highs } and DataValue[0, 1] >
DataValue[0, 0] { higher lows } and DataValue[1, 1] -
DataValue[1, 0] < DataValue[0, 1] - DataValue[0, 0] { ascending
} and C - DataValue[1, 1] > DataValue[1, 1] - DataValue[1,
0] and C > DataValue[1, 1] and L > XAverage
(C, EMALength) { order for long, chronologically: left high, left
low, right high, right low } and DateIndex[1, 0] <
DateIndex[0, 0] and DateIndex[0, 0] < DateIndex[1,
1] and DateIndex[1, 1] < DateIndex[0, 1] then
begin Buy ("TriangleLE") next bar at C or
higher; Alert ("Ham Triangle LE"); end; if
DoShort and DataValue[1, 1] < DataValue[1, 0] { lower highs
} and DataValue[0, 1] < DataValue[0, 0] { lower lows
} and DataValue[1, 0] - DataValue[1, 1] > DataValue[0, 0] -
DataValue[0, 1] { descending } and DataValue[0, 1] - C >
DataValue[0, 0] - DataValue[0, 1] and L < XAverage (C,
EMALength) { order for short, chronologically: left low, left
high, right low, right high } and DateIndex[0, 0] <
DateIndex[1, 0] and DateIndex[1, 0] < DateIndex[0,
1] and DateIndex[0, 1] < DateIndex[1, 1] then
begin Sell ("TriangleSE") next bar at C or
lower; Alert ("Ham Triangle
SE"); end;end;
<FONT face=Tahoma
size=2>-----Original Message-----From: tradewynne
[mailto:tradewynne@xxxxxxxxx]Sent: Thursday, May 01, 2003 10:01
AMTo: realtraders@xxxxxxxxxxxxxxxSubject: [RT] Re:
Triangles- PPS Trading SystemTo
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