Making it Your Own - The Chartist

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May 5, 2023 at 1:11 am #102276

Nick Radge
Keymaster

I’ve written plenty of articles on making an idea your own. Here’s another example with the code I supplied for the Keltner strategy

Original

MyATR:   ATR(5)
MyMA:   MA(C,5)
Uptrend:    C > MA(C,200)
ShortScore:   100 + PctChg(C,3)
LongScore:   100 – PctChg(C,3)
Liquid:   MA(V, 50)

ShortLimit:   C + MyATR * Stretch
LongLimit:   C – MyATR * Stretch

ShortTrigger:    C > (MyMA + 1 * MyATR)
LongTrigger:   C < (MyMA - 1 * MyATR)

ShortSetup:   InRUI and Uptrend and ShortTrigger and C > 20 and Liquid > 500000
LongSetup:   InRUI and Uptrend and LongTrigger and C > 20 and Liquid > 500000

Amended

MyATR:   ATR(5)
TP: (O+H+L+C)/4
MyMA:   MA(TP,5)
Uptrend:    C > MA(C,200)
ShortScore:   100 + PctChg(C,3)
LongScore:   100 – PctChg(C,3)
Liquid:   MA(V, 50)

ShortLimit:   C + MyATR * Stretch
LongLimit:   C – MyATR * Stretch

ShortTrigger:    C > (MyMA + 1 * MyATR)
LongTrigger:   C < (MyMA - 1 * MyATR)

ShortSetup:   InRUI and Uptrend and ShortTrigger and C > 20 and Liquid > 500000
LongSetup:   InRUI and Uptrend and LongTrigger and C > 20 and Liquid > 500000
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