Three bar strategy

[Vertigo_1985]

SOME PROBABLE CANDIDATES (CASH SCRIPS) FOR GOING SHORT BASED ON 3-BAR STRATEGY:


BEML

EDELWEISS

HINDZINC

JSWISPAT

MINDTREE

OIL

TITAN

THE FOLLOWING ARE FOR GOING LONG:



EVERONN

TTML

-Anant

you plan to take any of these trades today ? what will be your holding time if you do take one ?

 

[asnavale]

Based on Three Bar method the following Cash scrips are for going Long:

ASAHIINDIA
HONAUT
ITC
SAIL
SUPPETRO

The following are for Shorting (Sell):

ATFL
CRISIL
CROMPGREAV
EDUCOMP
FKONCO
FOrTIS
GRAPHITE
GREAVESCOT
PeNINLAND
PFC
StErLINBIO
TATACOMM

-Anant

 

[Vertigo_1985]

Hi Johnnybhai and seniors,

I found another code on this 3 inside bar.

Cond1 = Close > Ref( Close, -1 ); 
Cond2 = High < Ref( High, -1 ) AND Low > Ref( Low, -1 ); 
Cond3 = Close < Ref( Close, -1 ); 

SetTradeDelays( 1, 1, 1, 1 ); 

Buy = Cond1 AND Ref( Cond2, -1 ) AND Ref( Cond1, -2 ); 
BuyPrice = Open; 
Short = Cond3 AND Ref( Cond2, -1 ) AND Ref( Cond3, -2 ); 
ShortPrice = Open; 

Sell = Cover = False; // exits only by stops

My question does this code work as the code seems confusing as it does not check whether 1st and 3rd bar have the same color or not...Could somebody verify?

Hi,
I want to add exit time condition to it, like exit before 315 pm. As we have have set sell=cover=false, how can we do it ?

 

[sr114]

Hi,
I want to add exit time condition to it, like exit before 315 pm. As we have have set sell=cover=false, how can we do it ?

for the exit condition , use the following

CloseAtEnd = ParamToggle("Close Positions EOD", "No|Yes");
mktclose=Param("Market Close Time",151500,000000,235959,1 );

Sell=IIf(CloseAtEnd==False, (Sell Condition) OR TimeNum() > mktclose);

Cover=IIf(CloseAtEnd==False, (Cover Condition) OR TimeNum() > mktclose);

PlotShapes(IIf(CloseAtEnd==True AND TimeNum() > mktclose , shapeStar, shapeNone),colorGold, 0,L, Offset=-15);

rgds
subroto

 

[lsgangadhararao]

hi,
Please send formula for metastock.Advance thanks.

 

[shashank yadav]

for the exit condition , use the following



rgds
subroto

showing error
ln 16 col 43
ln 16 col 68
ln 18 col 37

 

[shashank yadav]

vikas bro may god bless u with lot of g frnds :clapping:

Do u have any other pattern
:thanx: thanks in advance

 

[HARSHA76]

hello, can any one help me , i have gann sqaure 9 afl code, back testing result not come please any ione help

 

[suktam]

Hi
Vikas.. Good strategy......
My confusion is regarding 3rd candle means is it close above or below 1 st candle high or low
or
same color of 1 st candle full fill the condition for buy sell ???

Regards... wait for your reply

 

[XRAY27]

VIKAS has given this method in 2013 and people started fresh queries in 2015 in btw no updations :rofl::rofl::lol::lol: