vDr78

--vdr 1min Open-Close

Hi, people!
It is my first own script based on my own thoughts.
This works without repainting because it uses only price action: open & close.
Play with offset/offset_to close to find out better weights for your playing style.
Try GER30             in 5min with 6.36/2.54 or 1 Min 3.46/0.14.
Works very well with JPN225             , US30             , S&P             . For USOIL-> 0.0201/0.001 try:)

Enjoy the script!
Remove from Favorite Scripts Add to Favorite Scripts
//@version=2
strategy("--vdr 1min Open-Close", overlay=true, calc_on_every_tick=true, calc_on_order_fills=true)

//GER30->1MIN->3.46;5MIN->4.43(1.94);1h->11.09(4.24)
//1 Min 3.82- Very good, 4.53, 9.96; 5 Min->14.96: 5MIN-> 6.36(2.54)
// find out the offset for S&P and Dow Jones as well. for USOIL 0.201

offset = input(6.36, minval=0.01, step=0.1)
offset_to_close = input(2.54, minval=0.001, step=0.1)


from_year=input(2016, minval=2000, maxval=2020)
from_month=input(3, minval=1, maxval=12)
from_day=input(1, minval=1, maxval=31)

to_year=input(2016, minval=2007, maxval=2020)
to_month=input(12, minval=1, maxval=12)
to_day=input(31, minval=1, maxval=31)

in_time()=> (time >= (timestamp(from_year, from_month, from_day, 00, 00)) and time < (timestamp(to_year, to_month, to_day, 00, 00)))


//Choose your close condition :)
closeLongV1  = (open-close)>offset_to_close or (close-open)<offset_to_close
closeLongV2  = (open-close)>offset_to_close and (open-low)>(high-close)
closeLongV3  = (open-close)>0 or (close-open)<offset_to_close

closeShortV1 = (close-open)>offset_to_close or (open-close) <offset_to_close
closeShortV2 = (close-open)>offset_to_close and (close-low)>(high-open)
closeShortV3 = (close-open)>0 or (open-close) <offset_to_close

openLong = in_time() and (close-open)>offset
openShort= in_time() and (open-close)>offset

strategy.entry("LONG", strategy.long, when= openLong)
strategy.close("LONG",  when = closeLongV3 and not openShort)
strategy.entry("SHORT", strategy.short, when =openShort)
strategy.close("SHORT", when = closeShortV3 and not openLong)
100 % PROFITABLE TRADES: let see params http://difin.blogspot.de/2016/03/vdr78-1min-open-close-strategy.html
Reply
Thanks very much for sharing this! I think you may be seeing better results than you would get in reality though by running the strategy on Heiken Ashi charts - you would probably want to run it off a standard chart and use the heikenashi() function to retrieve the data you want - that way, you can be sure your backtest results are being calculated from the actual price, not the price the Heiken Ashi bars are showing you.
Reply
vDr78 andy-walker
you welcome! There is a new Version of this: :) try it out:
--vdr 1min Open-Close v1.2 (Long-Short-Edition)
Reply
Here is how to : http://postimg.org/image/q3gi88yxz/full/
Reply
will it work on FTSE 100
thanks
Reply
vDr78 FtseSignals
Play with offset/offset_to close to find out better weights for your playing style.
Change this input parameters and tune you script. Share your results here. I played with GER30/JPN225
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out