[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

ELA hit and run



PureBytes Links

Trading Reference Links

This is part two Whoops are shorts only, I hope you enjoy and get some use from
these. Because the entries are mechanical and the exits are discretionary I saw
no way to make a mechanical system for backtesting. But looking at the signals
and if they fill according to Mr.Coopers rules they all look like reasonable.

{**********************GilligansIslandShort********************************}
 If Open > High[1] and Open >= Highest(Close,40) and close <= Open and 
          Close <= (Low + (Range * .50))
  Then Begin
 Plot1 (High,"GiliganShort");

 If checkalert then alert = True;
 
 end;

{************************GilligansIslandLong***********************************}
 If Open < Close[1] and Open <= Lowest(Close,40)  and Close >= Open and
    Close > (Low + (Range * .50))
  then begin 
 Plot1 (Low,"GilliganLong");

 If checkalert then alert = True;

 end;

{*********************LizardShort**************************************}
 
 If Open <= ((Range * .25) + Low) and Close <= ((Range * .25) + Low) and 
  High >= Highest(High,10)
   Then Begin
 Plot1 (High,"LizardShort");

 If CheckAlert then Alert = True;
 
 end;

{**********************LizardLong***********************************}
 
 If Open >= ((Range * .75) + Low)  and Close >= ((Range * .75) + Low) and
   Low <= Lowest(Low,10) 
 
   Then Begin
 Plot1 (Low,"LizardLong");

 If CheckAlert then Alert = True;
 
 end;

{******************Whoops*************************************}
 
 If Close < Average(Close, 50) and Close < Average(Close, 10) and Close[1] <
Open[1] 
  and Open >= (Close + .25)[1]
   Then Begin
 Plot1 (High,"Whoops");
 
 If CheckAlert then Alert = True;

 end;

Enjoy

"The darkest hour in any man's life is when he sits down to plan
 how to get money without earning it"

Sentinel Trading