// Downloaded From https://www.WiseStockTrader.com //------------------------------------------------------ // // Formula Name: Intraday Trend Following Strategy // Author/Uploader: Trading Tuitions // E-mail: support@tradingtuitions.com // Website: www.tradingtuitions.com //------------------------------------------------------ _SECTION_BEGIN("MACD Intraday Trend Following Strategy"); SetTradeDelays( 1, 1, 1, 1 ); SetOption( "InitialEquity", 200000); SetOption("FuturesMode" ,True); SetOption("MinShares",1); SetOption("CommissionMode",2); SetOption("CommissionAmount",100); SetOption("AccountMargin",10); SetOption("RefreshWhenCompleted",True); SetPositionSize(100,spsPercentOfEquity); SetOption( "AllowPositionShrinking", True ); SetOption("MaxOpenPositions",10); BuyPrice=Open; SellPrice=Open; ShortPrice=Open; CoverPrice=Open; SetChartOptions(0,chartShowArrows|chartShowDates); _N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C )); Plot( Close, "Price", colorWhite, styleCandle ); NewDay = (Day()!= Ref(Day(), -1)) OR BarIndex() == 0; Plot(NewDay,"",colorlightGrey,styleHistogram|styleDots|styleNoLabel|styleOwnScale); FirstTradeTime=093000; SquareOffTime = 151500; r1 = Param( "Fast avg", 12, 2, 200, 1 ); r2 = Param( "Slow avg", 26, 2, 200, 1 ); r3 = Param( "Signal avg", 9, 2, 200, 1 ); ml = MACD(r1, r2); sl = Signal(r1,r2,r3); Hist= ml-sl; Periods = Param("Periods", 20, 10, 100, 10 ); Width = Param("Width", 3, 1, 10, 1 ); Color = ParamColor("Color", colorCycle ); Style = ParamStyle("Style"); Plot( BBandTop( C, Periods, Width ), "BBTop" + _PARAM_VALUES(), Color, Style ); Plot( BBandBot( c, Periods, Width ), "BBBot" + _PARAM_VALUES(), Color, Style ); Buy= Cross(ml , sl) AND Hist>0 AND TimeNum()>= FirstTradeTime AND Close>BBandTop( C, Periods, Width ) AND TimeNum()= FirstTradeTime AND Close= SquareOffTime; Cover=buy OR TimeNum() >= SquareOffTime; Buy=ExRem(Buy,Sell); Sell=ExRem(Sell,Buy); Short=ExRem(Short,Cover); Cover=ExRem(Cover,Short); StopLoss=Param("stop",0.5,0.5,3,0.5); ApplyStop(Type=0,Mode=1,Amount=StopLoss); Target=Param("Target",3,0.5,5,0.5); ApplyStop(Type=1,Mode=1,Amount=Target); printf("\nBuy : " + Buy ); printf("\nSell : " + Sell ); printf("\nShort : " + Short ); printf("\nCover : " + Cover ); printf("\nml : " + ml ); printf("\nsl : " + sl ); printf("\nHist : " + Hist ); /* Plot Buy and Sell Signal Arrows */ PlotShapes(IIf(Buy, shapeSquare, shapeNone),colorGreen, 0, L, Offset=-40); PlotShapes(IIf(Buy, shapeSquare, shapeNone),colorLime, 0,L, Offset=-50); PlotShapes(IIf(Buy, shapeUpArrow, shapeNone),colorWhite, 0,L, Offset=-45); PlotShapes(IIf(Cover, shapeSquare, shapeNone),colorGreen, 0, L, Offset=-40); PlotShapes(IIf(Cover, shapeSquare, shapeNone),colorLime, 0,L, Offset=-50); PlotShapes(IIf(Cover, shapeUpArrow, shapeNone),colorWhite, 0,L, Offset=-45); PlotShapes(IIf(Sell, shapeSquare, shapeNone),colorRed, 0, H, Offset=40); PlotShapes(IIf(Sell, shapeSquare, shapeNone),colorOrange, 0,H, Offset=50); PlotShapes(IIf(Sell, shapeDownArrow, shapeNone),colorWhite, 0,H, Offset=-45); PlotShapes(IIf(Short, shapeSquare, shapeNone),colorRed, 0, H, Offset=40); PlotShapes(IIf(Short, shapeSquare, shapeNone),colorOrange, 0,H, Offset=50); PlotShapes(IIf(Short, shapeDownArrow, shapeNone),colorWhite, 0,H, Offset=-45); _SECTION_END();