Simple Coding Help - No Promise.

[amitrandive]

Amit ji ,

Kindly check the formula once... Pin bar are not selected properly.

My requirement

Bullish Pin bar (Close candle) should be outside bollinger band = Buy

Bearish Pin bar (Close candle) Should be Outside bolllinger band = Sell


Thanx you

Check this and let me know.

blpin = (((H-L)>6*(O-C)) AND ((C-L)/(.001+H-L)>0.6) AND ((O-L)/(.001+H-L)>0.6));
brpin = (((H-L)>6*(O-C)) AND ((H-C)/(.001+H-L)>0.7) AND ((H-O)/(.001+H-L)>0.7));
top1=BBandTop(20,2);
bot1=BBandBot(20,2);
Buy=C<bot1 AND blpin;
Sell=C>top1 AND brpin;
Filter=Buy OR Sell;
AddColumn(IIf(Buy,BuyPrice,Null)," Buy Signal ", 6.2,1.2,colorGreen); 
AddColumn(IIf(Sell,SellPrice,Null)," Sell Signal ",6.2,1.2,colorOrange);

 

[shruti.trader]

Check this and let me know.

blpin = (((H-L)>6*(O-C)) AND ((C-L)/(.001+H-L)>0.6) AND ((O-L)/(.001+H-L)>0.6));
brpin = (((H-L)>6*(O-C)) AND ((H-C)/(.001+H-L)>0.7) AND ((H-O)/(.001+H-L)>0.7));
top1=BBandTop(20,2);
bot1=BBandBot(20,2);
Buy=C<bot1 AND blpin;
Sell=C>top1 AND brpin;
Filter=Buy OR Sell;
AddColumn(IIf(Buy,BuyPrice,Null)," Buy Signal ", 6.2,1.2,colorGreen); 
AddColumn(IIf(Sell,SellPrice,Null)," Sell Signal ",6.2,1.2,colorOrange);

Amit ji,

we came close to wt i need. But yet pin bars are not outside bollinger band. Few pin bar are coming in scan which are inside bollinger band.

 

[shruti.trader]

Amit ji ,


one more exploration i need.


when we get huge gap up.. Candle opens outside bollinger band .. need to scan such candles = Upper bollinger band (UB).

When huge gap downs... Candle opens outside bollinger band .. Wish to explore such candles = Lower bollinger band (LB)

Kindly help for such exploration.. its really effective.

Picture given below


Thanx you in advance

 

[amitrandive]

Amit ji,

we came close to wt i need. But yet pin bars are not outside bollinger band. Few pin bar are coming in scan which are inside bollinger band.

Got the error.This will work correctly now.This is a rare pattern, on which time frame are you using this.I did not find many scrips on the Daily frame.

blpin = (((H-L)>6*(O-C)) AND ((C-L)/(.001+H-L)>0.6) AND ((O-L)/(.001+H-L)>0.6));
brpin = (((H-L)>6*(O-C)) AND ((H-C)/(.001+H-L)>0.7) AND ((H-O)/(.001+H-L)>0.7));
top1=BBandTop(20,2);
bot1=BBandBot(20,2);
Buy=H<bot1 AND blpin;
Sell=L>top1 AND brpin;
Filter=Buy OR Sell;
AddColumn(IIf(Buy,BuyPrice,Null)," Buy Signal ", 6.2,1.2,colorGreen); 
AddColumn(IIf(Sell,SellPrice,Null)," Sell Signal ",6.2,1.2,colorOrange);

 

[amitrandive]

Amit ji ,


one more exploration i need.


when we get huge gap up.. Candle opens outside bollinger band .. need to scan such candles = Upper bollinger band (UB).

When huge gap downs... Candle opens outside bollinger band .. Wish to explore such candles = Lower bollinger band (LB)

Kindly help for such exploration.. its really effective.

Picture given below


Thanx you in advance

Learning by experimenting
This should work

top1=BBandTop(20,2);
bot1=BBandBot(20,2);
// Gap Up
GU= L > Ref(C, -1) AND H>= Ref(H, -1);
BBtop1=L>top1;
// Gap down
GD= H < Ref(C, -1) AND L <= Ref(L, -1);;
BBbot1=H<bot1;
Buy=GD AND BBbot1;
Sell=GU AND L>top1;
Filter=Buy OR Sell;
AddTextColumn( FullName(), "Name",100, colorDefault,colorDefault,300);
AddTextColumn( WriteIf( Buy, "Buy", "Sell" ), "Signal", 50, colorDefault,colorDefault, 50 ); 
AddColumn(V, "Volume", 1.0, colorDefault,colorDefault, 100);

 

[shruti.trader]

Got the error.This will work correctly now.This is a rare pattern, on which time frame are you using this.I did not find many scrips on the Daily frame.

blpin = (((H-L)>6*(O-C)) AND ((C-L)/(.001+H-L)>0.6) AND ((O-L)/(.001+H-L)>0.6));
brpin = (((H-L)>6*(O-C)) AND ((H-C)/(.001+H-L)>0.7) AND ((H-O)/(.001+H-L)>0.7));
top1=BBandTop(20,2);
bot1=BBandBot(20,2);
Buy=H<bot1 AND blpin;
Sell=L>top1 AND brpin;
Filter=Buy OR Sell;
AddColumn(IIf(Buy,BuyPrice,Null)," Buy Signal ", 6.2,1.2,colorGreen); 
AddColumn(IIf(Sell,SellPrice,Null)," Sell Signal ",6.2,1.2,colorOrange);

blpin = (((H-L)>6*(O-C)) AND ((C-L)/(.001+H-L)>0.6) AND ((O-L)/(.001+H-L)>0.6));
brpin = (((H-L)>6*(O-C)) AND ((H-C)/(.001+H-L)>0.7) AND ((H-O)/(.001+H-L)>0.7));
top1=BBandTop(20,2);
bot1=BBandBot(20,2);
Buy=C<bot1 AND blpin;
Sell=C>top1 AND brpin;
Filter=Buy OR Sell;
AddColumn(IIf(Buy,BuyPrice,Null)," Buy Signal ", 6.2,1.2,colorGreen); 
AddColumn(IIf(Sell,SellPrice,Null)," Sell Signal ",6.2,1.2,colorOrange);

Above both formula giving exact same scripts

 

[shruti.trader]

Amit ji ,


one more exploration i need.


when we get huge gap up.. Candle opens outside bollinger band .. need to scan such candles = Upper bollinger band (UB).

When huge gap downs... Candle opens outside bollinger band .. Wish to explore such candles = Lower bollinger band (LB)

Kindly help for such exploration.. its really effective.

Picture given below

Thanx you in advance

top1=BBandTop(20,2);
bot1=BBandBot(20,2);
// Gap Up
GU= L > Ref(C, -1) AND H>= Ref(H, -1);
BBtop1=L>top1;
// Gap down
GD= H < Ref(C, -1) AND L <= Ref(L, -1);;
BBbot1=H<bot1;
Buy=GD AND BBbot1;
Sell=GU AND L>top1;
Filter=Buy OR Sell;
AddTextColumn( FullName(), "Name",100, colorDefault,colorDefault,300);
AddTextColumn( WriteIf( Buy, "Buy", "Sell" ), "Signal", 50, colorDefault,colorDefault, 50 );
AddColumn(V, "Volume", 1.0, colorDefault,colorDefault, 100);

Amit ji...

Please watch the chart in post 3052...

My requirement is Candle should be fully outside bollinger band.. (Not touching bollinger band - As shown in picture in round circle)

Exploration u made.. Candles tail is outside but touching bollinger band..

Please check

 

[amitrandive]

blpin = (((H-L)>6*(O-C)) AND ((C-L)/(.001+H-L)>0.6) AND ((O-L)/(.001+H-L)>0.6));
brpin = (((H-L)>6*(O-C)) AND ((H-C)/(.001+H-L)>0.7) AND ((H-O)/(.001+H-L)>0.7));
top1=BBandTop(20,2);
bot1=BBandBot(20,2);
Buy=C<bot1 AND blpin;
Sell=C>top1 AND brpin;
Filter=Buy OR Sell;
AddColumn(IIf(Buy,BuyPrice,Null)," Buy Signal ", 6.2,1.2,colorGreen); 
AddColumn(IIf(Sell,SellPrice,Null)," Sell Signal ",6.2,1.2,colorOrange);

Above both formula giving exact same scripts

Amit ji...

Please watch the chart in post 3052...

My requirement is Candle should be fully outside bollinger band.. (Not touching bollinger band - As shown in picture in round circle)

Exploration u made.. Candles tail is outside but touching bollinger band..

Please check

Need to investigate both issues.
Meanwhile would appreciate any help from expert on posts 3053 and 3054.

 

[shruti.trader]

Need to investigate both issues.
Meanwhile would appreciate any help from expert on posts 3053 and 3054.

Thanx's Amit ji for ur efforts..

yes need help of others experts too for post 3053 & 3054

Hope others will soon help.

 

[K Gadkari]

Could anyone help me getting SHORT SELL and BUY TO COVER signals in my code where BUY and SELL are generated but short sell signal is not generated. So I cant test the startegy in Amibroker backtesting as it gives results only for Buy trades. Help appreaciated. Also please tell me how do I send the code. God Bless You . Regards