observation: my only win out of my first 3 trades today was when the adx was above 30....I took the other trades when the adx was a hair shy of 30, but got stopped out as a result...
Sherm..I take the 5 min setups and the 1 min setups....and yes the stops are different, but calculated the same using1/3 of the channel width.
Although this 5 min YM setup was a hair shy of adx30....it is still working out great...I didnt take it because I was in the ES 1 min trade at the time I will wait for the adx to be above 30 though.... note: please ignore the top info panel on the charts....amibroker does not export the correct info on that for some reason...
Thanks Dennis. I am actually looking at the strategy with ETF's also. Here is a nice move with OIH today. I still like the CMF indicator over the CCI. I think you may need to tighten stops a little and take profits quicker using the ETF's, but it still seems to work well.
Well Im done tradiing for the morning....I gotta take my son to preschool... Today's mistake: I took 2 trades with the adx not above 30 Result: I got stopped out on both The only win I had out of the 3 trades was when all the ducks were lined up (i.e. the adx was above 30) So....I'll follow the trading rules exactly and better trades will follow. -Dennis attached is a follow up on that 5min YM trade with the adx a hair shy of 30 at entry signal.....not working out so great at this moment....
been following this system for a while looks like a setup is forming in the ES right now. Just need that CCI Divergence
Here are the codes for the panels in Amibroker... -Dennis //Top Signal Panel tempnum = Now( 4 ) - TimeNum(); TimeRem = Interval() - ((int(tempnum[BarCount - 1] / 100) * 60) + (tempnum[BarCount - 1] - int(tempnum[BarCount - 1] / 100) * 100)); if (TimeRem[BarCount - 1] < 0) TimeRem = 0; TitleTimeRem = EncodeColor(colorYellow) + "Time Remaining: "; MinuteVar = int(TimeRem / 60); SecondsVar = int(frac(TimeRem / 60) * 60); if (TimeRem[BarCount - 1] > 60) { TitleTimeRem = TitleTimeRem + EncodeColor(colorWhite) + MinuteVar + ":" + WriteIf(SecondsVar > 9, "", "0") + SecondsVar; } else if (TimeRem[BarCount - 1] > 20) { TitleTimeRem = TitleTimeRem + EncodeColor(colorYellow) + MinuteVar + ":" + WriteIf(SecondsVar > 9, "", "0") + SecondsVar; } else { TitleTimeRem = TitleTimeRem + EncodeColor(colorLime) + MinuteVar + ":" + WriteIf(SecondsVar > 9, "", "0") + SecondsVar; } // Channel Spread Length = 20; Num_ATRs = 2.5; // Length and Num_ATRs parameters should be personalized for your preferred // settings. Mov_Avg = MA(C,Length); KUP = Mov_Avg + Num_ATRs * ATR(Length); KDOWN = Mov_Avg - Num_ATRs * ATR(Length); spread=round(kup-kdown); spreadtitlepoints=EncodeColor(colorYellow)+"K-Channel Spread = "+ spread; Longstoptitlepoints=round((spread*(1/3))); //Longstoptitleticks=round(((spread*4)*(1/3))); Shortstoptitlepoints=round((spread*(1/3))); //Shortstoptitleticks=round(((spread*4)*(1/3))); Title = "" + Name() + ", " + Interval(2) + ", " + Date() + "\n" + TitleTimeRem + EncodeColor(colorWhite)+"\n"+ EncodeColor(colorSkyblue)+"Open = "+O+" "+EncodeColor(colorPink)+"Close = "+C+"\n"+ spreadtitlepoints + "\n"+ EncodeColor(colorSkyblue)+"Long Stop = "+ Longstoptitlepoints + "\n" +EncodeColor(colorPink)+"Short Stop = "+Shortstoptitlepoints;
//Middle Price Panel // Keltner Channels are constructed similar to Bollinger Bands // around a moving average +/- volatility. // The difference is in the measurement of volatility. // Bollinger uses standard deviation. MA(Close,20) +/- #STDs // Keltner uses ATR (Average True Range). MA(Close,20) +/- #ATRs // Keltner channels may be easier to use for detecting oversold / overbought // conditions Length = 20; Num_ATRs = 2.5; // Length and Num_ATRs parameters should be personalized for your preferred // settings. Mov_Avg = MA(C,Length); KUP = Mov_Avg + Num_ATRs * ATR(Length); KDOWN = Mov_Avg - Num_ATRs * ATR(Length); Plot (KUP,"KUP",32,1); Plot (KDown,"Kdown",32,1); Plot (Mov_Avg,"Mov_Avg",6,1); Plot (C,"Close",colorLime,styleBar); _SECTION_BEGIN("Hi"); HiDay = TimeFrameGetPrice("H", inDaily); LoDay = TimeFrameGetPrice("L", inDaily); HiDayTitle = EncodeColor(colorPink) + "HOD "; HiDayTitle = HiDayTitle + EncodeColor(colorYellow) + HiDay; LoDayTitle = EncodeColor(colorPink) + ", LOD "; LoDayTitle = LoDayTitle + EncodeColor(colorYellow) + LoDay; Plot(HiDay,"",colorYellow,styleDashed,styleNoLine,styleNoLabel); Plot(LoDay,"",colorYellow,styleDashed,styleNoLine,styleNoLabel); _SECTION_END(); _SECTION_BEGIN("SAR"); acc = Param("Acceleration", 0.02, 0, 1, 0.001 ); accm = Param("Max. acceleration", 0.2, 0, 1, 0.001 ); Plot( SAR( acc, accm ), _DEFAULT_NAME(), ParamColor( "Color", colorCycle ), ParamStyle("Style", styleDots | styleNoLine, maskDefault | styleDots | styleNoLine ) ); _SECTION_END();
NOTE: THIS IS FIRST OF FOUR...COMBINE WITH THE NEXT THREE THREADS.... // DIVERGENCE INDICATOR /* FileName: Mod - Osc-Price Divergence31 October 25, 2005 Version 1.0 ==================================== Use with MACD or Stochastics program detects and plots trendlines on oscillators generates price divergence data ==================================== Program is built as an include module Program does not return anything. It plots the divergence area. The global variables below are available to controlling code =============================================================== - Modify divergence detection to account for continuation cases properly - Currently case #18 useed for continuation */ // Parameters needed to be defined before calling this module Issue = CCI(20); Middle = 0; //Middle: MACD=0, Stoc=50, RSI=50 Div_Version = 32; Pattern = Diverge = ""; //Parameters Trendlines = Param("Trendlines",3,0,3,1); TradeON = Param("TradeON",1,0,1,1); Diag_Trace = Param("Diag_Trace",0,0,1,1); Alerts = Param("Alerts",0,0,1,1); function ParameterSetup(Osc_Issue) { //Variables are defined here if they are assigned values in more than one location global Pattern, Diverge, PlotDiverge; global PlotOver1, PLotOver2, Line1, Line2; global Backtest, explore; global Sel_BarIndex, Sel_Osc_Issue; pattern = ""; diverge = ""; PlotDiverge = 0; Plotover1 = Plotover2 = Line1 = Line2 = 0; Backtest = Status("action") == 5; Explore = Status("action") == 4; Sel_OscIssue = IIf(TradeON==1,LastValue(Osc_Issue),SelectedValue(Osc_Issue)); Sel_BarIndex = IIf(TradeON==1,LastValue(BarIndex()),SelectedValue(BarIndex())); // verify this segment if (Backtest ==1) { TradeON = 0; Sel_OscIssue = Osc_Issue; Sel_BarIndex = BarIndex(); } } // end ParameterSetup // ****************************************************************************************** // // Functions // //Determine Peaks - Bearish Reversal function DetectLastHigh(Osc_Issue) { global LastHigh, LastHighBars, TurnDn_OK, Sel_TurnDn_OK; TurnDn_OK = False; Sel_TurnDn_OK = False; Def_Peak1 = 0; Def_Peak2 = 0; LastHigh = 0; LastHighBars = 0; Def_Peak1 = Osc_Issue < Ref(Osc_Issue,-1) AND Ref(Osc_Issue,-1) > Ref(Osc_Issue,-2) AND Osc_Issue < Ref(Osc_Issue,-2); Def_Peak2 = Osc_Issue < Ref(Osc_Issue,-1) AND Ref(Osc_Issue,-1) < Ref(Osc_Issue,-2) AND Ref(Osc_Issue,-2) > Ref(Osc_Issue,-3) AND Osc_Issue < Ref(Osc_Issue,-3); TurnDn_OK = Def_Peak1 OR Def_Peak2; Sel_TurnDn_OK = IIf(TradeON==1,LastValue(TurnDn_OK),SelectedValue(TurnDn_OK)); HighBar1 = IIf(Def_Peak1==1,1,0); HighBar2 = IIf(Def_Peak2==1,1,0); HighBar = IIf(HighBar1==1,3,4); LastHigh = HHV(Osc_Issue,HighBar); LastHighBars = HHVBars(Osc_issue,HighBar); _TRACE("Sel_TurnDn_OK " + WriteVal(Sel_TurnDn_OK)); if (Diag_Trace==1) { _TRACE("Detect LastHigh - " + WriteVal(LastHigh,1.2) + " Def Peak1 " + WriteVal(Def_Peak1,1.0) + " Def Peak2 " + WriteVal(Def_Peak2,1.0) + " TurnDn " + WriteVal(TurnDn_OK,1.0)); _TRACE("Detect LastHigh - Osc " + WriteVal(Osc_Issue,1.2) + " Ref Osc -2 " + WriteVal(Ref(Osc_Issue,-2)) + " Ref Osc -3 " + WriteVal(Ref(Osc_Issue,-3))); } return Sel_TurnDn_OK; } // end DetectLastHigh function DetectBearishReversal(Osc_Issue,Middle) { global SDiv_Code, BT_SDiv_Code, Bear_Diverge; SDiv_Code = BT_SDiv_Code = Bear_Diverge = 0; Sel_TurnDn_OK = DetectLastHigh(Osc_Issue); _TRACE("Bear Reversal - Enter Bear Diverge"); if (Sel_TurnDn_OK ==1 OR Backtest==1) { //Find Current Peak FirstBar_CurrGroup = BarsSince(Cross(Osc_Issue,Middle))+1; CurrPeak = HHV(Osc_Issue,FirstBar_Currgroup); CurrPeakBars = HHVBars(Osc_Issue,FirstBar_Currgroup)+0; Sel_CurrPeak = IIf(TradeON==1,LastValue(CurrPeak),SelectedValue(CurrPeak)); _TRACE("Bear Reversal 02-0 - CPeak " + WriteVal(Sel_CurrPeak,1.2)); //Determine Prior Peak //Distances computed relative to selected bar i=0; _TRACE("Bear Reversal 00 - start of loop ------- "); do { i++; LastBar_PriorGroup = Sel_BarIndex-ValueWhen(Cross(Middle,Osc_Issue),BarIndex(),i); FirstBar_PriorGroup = Sel_BarIndex-ValueWhen(Cross(Osc_Issue,Middle),BarIndex(),i+1); Sel_LastBar_PG = IIf(TradeON==1,LastValue(LastBar_PriorGroup),SelectedValue(LastBar_PriorGroup)); Sel_FirstBar_PG = IIf(TradeON==1,LastValue(FirstBar_PriorGroup),SelectedValue(FirstBar_PriorGroup)); //Lines below need the selected variable to function correctly Peak_PriorGroup = Ref(HHV(Osc_Issue,Sel_FirstBar_PG - Sel_LastBar_PG+1),-Sel_LastBar_PG+1); PeakBars_PriorGroup = Ref(HHVBars(Osc_Issue,Sel_FirstBar_PG - Sel_LastBar_PG+1),-Sel_LastBar_PG+1); Sel_LastBar_PriorGroup = IIf(TradeON==1,LastValue(LastBar_PriorGroup),SelectedValue(LastBar_PriorGroup)); Sel_PeakBars_PriorGroup = IIf(TradeON==1,LastValue(PeakBars_PriorGroup),SelectedValue(PeakBars_PriorGroup)); Sel_Peak_PriorGroup = IIf(TradeON==1,LastValue(Peak_PriorGroup),SelectedValue(Peak_PriorGroup)); Final_Bars = Sel_PeakBars_PriorGroup + Sel_LastBar_PriorGroup; // Diagnostic _TRACE("Bear Reversal - loop 01 - i= " + WriteVal(i,1.0) + " FB_PrGr " + WriteVal(Sel_FirstBar_PG,1.0) + " LB_PrGr " + WriteVal(Sel_LastBar_PG,1.0)); _TRACE("Bear Reversal - loop 02 - CPeak " + WriteVal(Sel_CurrPeak,1.2)); _TRACE("Bear Reversal - loop 03 - Pk_PG " + WriteVal(Sel_Peak_PriorGroup,1.2) + " Pk_PGBars " + WriteVal(Sel_PeakBars_PriorGroup,1.0) + " F Bars " + WriteVal(Final_Bars)); _TRACE("Bear Reversal - loop 04 - While1= " + WriteVal((SelectedValue(Peak_PriorGroup)-Middle),1.2) + " Compare= " + WriteVal(((SelectedValue(CurrPeak)-Middle) / 3),1.2)); } while (((Sel_Peak_PriorGroup-Middle) < (Sel_CurrPeak-Middle) / 3) AND i<10); _TRACE("Bear Reversal 05 - end of loop ------- "); PriorPeak = Peak_PriorGroup; PriorPeakBars = Final_Bars; Sel_LastHigh = IIf(TradeON==1,LastValue(LastHigh),SelectedValue(LastHigh)); Sel_CurrPeak = IIf(TradeON==1,LastValue(CurrPeak),SelectedValue(CurrPeak)); Sel_PriorPeak = IIf(TradeON==1,LastValue(PriorPeak),SelectedValue(PriorPeak)); Sel_LastHighBars = IIf(TradeON==1,LastValue(LastHighBars),SelectedValue(LastHighBars)); Sel_CurrPeakBars = IIf(TradeON==1,LastValue(CurrPeakBars),SelectedValue(CurrPeakBars)); Sel_PriorPeakBars = IIf(TradeON==1,LastValue(PriorPeakBars),SelectedValue(PriorPeakBars)); //Needed for Backtest Arrays SR1 = CurrPeak > PriorPeak AND LastHigh == CurrPeak; //Curr Peak Higher - Divergence not possible SR2 = CurrPeak < PriorPeak AND LastHigh == CurrPeak; //Curr Peak Lower SR3 = Osc_Issue > Middle AND CurrPeak > PriorPeak AND LastHigh < CurrPeak; //Curr Peak Higher - Last High Lower SR4 = Osc_Issue > Middle AND CurrPeak < PriorPeak AND LastHigh < CurrPeak; //Curr Peak Lower - Best SR5 = LastHigh < Middle AND LastHigh < CurrPeak AND SR4==0 AND SR3==0; //Continuation signal with Osc_Issue < Middle //Needed for display Sel_SR1 = IIf(TradeON==1,LastValue(SR1),SelectedValue(SR1)); Sel_SR2 = IIf(TradeON==1,LastValue(SR2),SelectedValue(SR2)); Sel_SR3 = IIf(TradeON==1,LastValue(SR3),SelectedValue(SR3)); Sel_SR4 = IIf(TradeON==1,LastValue(SR4),SelectedValue(SR4)); Sel_SR5 = IIf(TradeON==1,LastValue(SR5),SelectedValue(SR5)); //Determine Price Divergence if (Sel_SR1==1) { Bear_Diverge = 0; SDiv_Code = 11; Diverge = ""; Pattern = "Higher High"; } if (Sel_SR2==1) { Curr_HighPrice = HHV(High,5); Prior_PeakPrice = Ref(HHV(High,6),-(Sel_PriorPeakBars-3)); Sel_CHighPrice = IIf(TradeON==1,LastValue(Curr_HighPrice),SelectedValue(Curr_HighPrice)); Sel_PPeakPrice = IIf(TradeON==1,LastValue(Prior_PeakPrice),SelectedValue(Prior_PeakPrice)); Sel_Bear_Diverge = Sel_CHighPrice >= Sel_PPeakPrice; if (Sel_Bear_Diverge==1) { Bear_Diverge = 1; SDiv_Code = 13; Diverge = "Bearish"; Pattern = "Lower High"; } else { Bear_Diverge = 0; SDiv_Code = 12; Diverge = ""; Pattern = "Lower High"; } }
NOTE: THIS IS SECOND OF FOUR...COMBINE WITH THE NEXT TWO THREADs... //Put Divergence codes into Array //Compute results for display Sel_LastLow = IIf(TradeON==1,LastValue(LastLow),SelectedValue(LastLow)); Sel_CurrTrough = IIf(TradeON==1,LastValue(CurrTrough),SelectedValue(CurrTrough)); Sel_PriorTrough = IIf(TradeON==1,LastValue(PriorTrough),SelectedValue(PriorTrough)); Sel_LastLowBars = IIf(TradeON==1,LastValue(LastLowBars),SelectedValue(LastLowBars)); Sel_CurrTroughBars = IIf(TradeON==1,LastValue(CurrTroughBars),SelectedValue(CurrTroughBars)); Sel_PriorTroughBars = IIf(TradeON==1,LastValue(PriorTroughBars),SelectedValue(PriorTroughBars)); //Needed for Backtest Arrays LR1 = CurrTrough < PriorTrough AND LastLow == CurrTrough; LR2 = CurrTrough > PriorTrough AND LastLow == CurrTrough; LR3 = Osc_Issue < Middle AND CurrTrough < PriorTrough AND LastLow > CurrTrough; LR4 = Osc_Issue < Middle AND CurrTrough > PriorTrough AND LastLow > CurrTrough; LR5 = LastLow > Middle AND LastLow > CurrTrough AND LR3==0 AND LR4==0; if (Sel_Bull_Diverge==1) { Bull_Diverge = 1; LDiv_Code = 15; Diverge = "Bullish"; Pattern = "Lower Low"; } else { Bull_Diverge = 0; LDiv_Code = 14; Diverge = ""; } if (Sel_SR3==1) { _TRACE("Bear Reversal - SR3 - True"); Curr_HighPrice = HHV(High,5); Curr_PeakPrice = Ref(HHV(High,6),-(Sel_CurrPeakBars-3)); Sel_CHighPrice = IIf(TradeON==1,LastValue(Curr_HighPrice),SelectedValue(Curr_HighPrice)); Sel_CPeakPrice = IIf(TradeON==1,LastValue(Curr_PeakPrice),SelectedValue(Curr_PeakPrice)); Sel_Bear_Diverge = Sel_CHighPrice >= Sel_CPeakPrice; if (Sel_Bear_Diverge==1) { Bear_Diverge = 1; SDiv_Code = 15; Diverge = "Bearish"; Pattern = "Higher High"; } else { Bear_Diverge = 0; SDiv_Code = 14; Diverge = ""; Pattern = "Higher High"; } } if (Sel_SR4==1) { _TRACE("Bear Reversal - SR4 - True"); Curr_HighPrice = HHV(High,5); Curr_PeakPrice = Ref(HHV(High,6),-(Sel_CurrPeakBars-3)); Sel_CHighPrice = IIf(TradeON==1,LastValue(Curr_HighPrice),SelectedValue(Curr_HighPrice)); Sel_CPeakPrice = IIf(TradeON==1,LastValue(Curr_PeakPrice),SelectedValue(Curr_PeakPrice)); Sel_Bear_Diverge = Sel_CHighPrice >= Sel_CPeakPrice; if (Sel_Bear_Diverge==1) { Bear_Diverge = 1; SDiv_Code = 17; Diverge = "Bearish"; Pattern = "Lower High"; } else { Bear_Diverge = 0; SDiv_Code = 16; Diverge = ""; Pattern = "Lower High"; } } // end Sel_Bear_Diverge if (Sel_SR5==1) { Bear_Diverge = 0; SDiv_Code = 18; Diverge = ""; Pattern = "Continuation"; } BT_SDiv_Code = IIf(SR1==1,11, IIf(SR2==1 AND Bear_Diverge==0,12,IIf(SR2==1 AND Bear_Diverge==1,13, IIf(SR3==1 AND Bear_Diverge==0,14,IIf(SR3==1 AND Bear_Diverge==1,15, IIf(SR4==1 AND Bear_Diverge==0,16,IIf(SR4==1 AND Bear_Diverge==1,17, IIf(SR5==1 AND SR4==0 AND SR3==0,18,0)))))))); if (Diag_trace) { _TRACE("Bear Reversal #00 - Div_Code " + WriteVal(SDiv_Code,1.0) + " -- SR1 " + WriteVal(Sel_SR1,1.0) + " SR2 " + WriteVal(Sel_SR2,1.0) + " SR3 " + WriteVal(Sel_SR3,1.0) + " SR4 " + WriteVal(Sel_SR4,1.0)); _TRACE("Bear Reversal #00 - LastHigh " + WriteVal(Sel_LastHigh,1.2) + " CurrPeak " + WriteVal(Sel_CurrPeak,1.2) + " PriorPeak " + WriteVal(Sel_PriorPeak,1.2) ); } if (Backtest == 0) { //Assign Values to coordinates y10=Sel_CurrPeak; y11=Sel_LastHigh; x10=BarCount - 1 - Sel_CurrPeakBars - (LastValue(BarIndex()) - Sel_BarIndex); x11=BarCount - 1 - Sel_LastHighBars - (LastValue(BarIndex()) - Sel_BarIndex); Line1 = LineArray( x10, y10, x11, y11, 0 ); y20=Sel_PriorPeak; y21=Sel_CurrPeak; x20=BarCount - 1 - SelectedValue(Final_Bars) - (LastValue(BarIndex())- Sel_BarIndex); //x20=BarCount - 1 - Sel_PriorPeakBars - (LastValue(BarIndex())- Sel_BarIndex); x21=BarCount - 1 - Sel_CurrPeakBars - (LastValue(BarIndex())- Sel_BarIndex); Line2 = LineArray( x20, y20, x21, y21, 0 ); //Compute area to paint, based on MACD / Stochastic if (Middle==50) { Area_MaxValue = 100; PlotOver2 = IIf(BarIndex() >= Sel_BarIndex - (x21-x20)-(x11-x10) -1 AND BarIndex() <= Sel_BarIndex - (x11-x10),Area_MaxValue,0); PlotOver1 = IIf(BarIndex() >= Sel_BarIndex - (x11-x10) -1 AND BarIndex() <= Sel_BarIndex,Area_MaxValue,0); if (SelectedValue(SDiv_Code)==15) { //Limit the blue bar for divergence to 2nd half of area for code 15 PlotDiverge = IIf(BarIndex() >= Sel_BarIndex - (x11-x10) -1 AND BarIndex() <= Sel_BarIndex AND Diverge=="Bearish",10,0); } if (SelectedValue(SDiv_Code)==13 OR SelectedValue(SDiv_Code)==17) { PlotDiverge = IIf(BarIndex() >= Sel_BarIndex - (x21-x20)-(x11-x10) -1 AND BarIndex() <= Sel_BarIndex AND Diverge=="Bearish",10,0); } } else { Area_MinValue = Max(y10,y20); PlotOver2 = IIf(BarIndex() >= Sel_BarIndex - (x21-x20)-(x11-x10) -1 AND BarIndex() <= Sel_BarIndex - (x11-x10),Area_MinValue,0); PlotOver1 = IIf(BarIndex() >= Sel_BarIndex - (x11-x10) -1 AND BarIndex() <= Sel_BarIndex,Area_MinValue,0); } } // end if backtest if (Diag_Trace==1) { _TRACE("Bear Reversal #0 - Backtest " + WriteVal(Backtest,1.0)); _TRACE("Bear Reversal #1 - Sel_TurnDn_OK " + WriteVal(Sel_TurnDn_OK,1.0)); _TRACE("Bear Reversal #2 - CurrPeak " + WriteVal(Sel_CurrPeak,1.2) + " CPBars " + WriteVal(Sel_CurrPeakBars,1.0) + " DivCode " + WriteVal(SDiv_Code,1.0)); _TRACE("Bear Reversal #3 - LB_PGroup " + WriteVal(Sel_LastBar_PG,1.0) + " FB_PGroup " + WriteVal(Sel_FirstBar_PG,1.0)); _TRACE("Bear Reversal #4 - Pk_PGroup " + WriteVal(PriorPeak,1.2) + " PB_PG " + WriteVal(PriorPeakBars,1.0)); _TRACE("Bear Reversal #5 - xy1: x10=" + WriteVal(x10,1.0) + " y10=" + WriteVal(y10,1.2) + " x11=" + WriteVal(x11,1.0) + " y11=" + WriteVal(y11,1.2)); _TRACE("Bear Reversal $6 - xy2: x20=" + WriteVal(x20,1.0) + " y20=" + WriteVal(y20,1.2) + " x21=" + WriteVal(x21,1.0) + " y21=" + WriteVal(y21,1.2)); _TRACE("Bear Reversal - end ================================================ "); } // end Diag_Trace } // end Sel_TurnDn_OK // Add code for troughs else { SDiv_Code = 10; } return Sel_TurnDn_OK; } //end DetectBearishReversal //Determine Troughs function DetectLastLow(Osc_Issue) { global LastLow, LastLowBars, TurnUp_OK, Sel_TurnUp_OK; TurnUp_OK = False; Sel_TurnUp_OK = False; LastLow = 0; LastLowBars = 0; Def_Trough1 = 0; Def_Trough2 = 0; Def_Trough1 = Osc_Issue > Ref(Osc_Issue,-1) AND Ref(Osc_Issue,-1) < Ref(Osc_Issue,-2) AND Osc_Issue > Ref(Osc_Issue,-2); Def_Trough2 = Osc_Issue > Ref(Osc_Issue,-1) AND Ref(Osc_Issue,-1) > Ref(Osc_Issue,-2) AND Ref(Osc_Issue,-2) < Ref(Osc_Issue,-3) AND Osc_Issue > Ref(Osc_Issue,-3); TurnUp_OK = Def_Trough1 OR Def_Trough2; Sel_TurnUp_OK = IIf(TradeON==1,LastValue(TurnUp_OK),SelectedValue(TurnUp_OK)); LowBar1 = IIf(Def_Trough1==1,1,0); LowBar2 = IIf(Def_Trough2==1,1,0); LowBar = IIf(LowBar1==1,3,4); LastLow = LLV(Osc_Issue,LowBar); LastLowBars = LLVBars(Osc_issue,LowBar); _TRACE("Bull - LB1 " + WriteVal(LowBar1,1.0) + " LB2 " + WriteVal(LowBar2,1.0) + " LB " + WriteVal(LowBar,1.0)); if (Diag_Trace==1) { _TRACE("DetectLastLow - LastLow " + WriteVal(LastLow,1.2) + " Def Trough1 " + WriteVal(Def_Trough1,1.0) + " Def Trough2 " + WriteVal(Def_Trough2,1.0) + " TUp " + WriteVal(TurnUp_OK,1.0)); _TRACE("DetectLastLow - LastLow - Osc " + WriteVal(Osc_Issue,1.2) + " Osc -1 " + WriteVal(Ref(Osc_Issue,-1),1.2) + " Ref Osc -2 " + WriteVal(Ref(Osc_Issue,-2)) + " Ref Osc -3 " + WriteVal(Ref(Osc_Issue,-3))); } _TRACE("Bear Code - end of Bear function " + WriteVal(SDiv_Code,1.0)); return Sel_TurnUp_OK; } function DetectBullishReversal(Osc_Issue,Middle) { global LDiv_Code, BT_LDiv_Code, BT_Code, Bull_Diverge; LDiv_Code = BT_LDiv_Code = 0; Bull_Diverge = 0; _TRACE("Program Flow - Enter Detect Bullish Reversal - Bar Index " + WriteVal(BarIndex(),1.0) + " Last Bar " + WriteVal(LastValue(BarIndex()),1.0)); //Determine Trough for current period Sel_TurnUp_OK = DetectLastLow(Osc_Issue); _TRACE("Bull Code - Bull function Start " + Name() + " TurnUp " + WriteVal(sel_TurnUp_OK,1.0)+ " Code= " + WriteVal(LDiv_Code,1.0)); if (Sel_TurnUp_OK ==1 OR Backtest==1) // or 1==1 may be needed { FirstBar_CurrGroup = BarsSince(Cross(Middle,Osc_Issue))+1; CurrTrough = LLV(Osc_Issue,FirstBar_Currgroup); CurrTroughBars = LLVBars(Osc_Issue,FirstBar_Currgroup)+0; Sel_CurrTrough = IIf(TradeON==1,LastValue(CurrTrough),SelectedValue(CurrTrough));