How to return the lowest or highest price based on the last 3 bars?

I

Intrinsic Knowledge

Member
Plus
Hi friends,

Please if any kind souls could help or guide the following questions in bold?

# Using engulfing for Long and Short
input length = 20;
input trendSetup = 3;
def BodyMax = Max(open, close);
def BodyMin = Min(open, close);
def IsEngulfing = BodyMax > BodyMax[1] and BodyMin < BodyMin[1];
def IsWhite = open < close;
def IsBlack = open > close;
def IsPrevDoji = IsDoji(length)[1];

plot longSignal = if IsDescending(close, trendSetup)[1] and (IsBlack[1] or IsPrevDoji) and
IsWhite and IsEngulfing then 1 else 0;

plot shortSignal = if IsAscending(close, trendSetup)[1] and (IsWhite[1] or IsPrevDoji) and IsBlack and IsEngulfing then 1 else 0;

def longStopLoss = lowest( entryPrice(),3 ) == 0; # Stoploss will be triggered based on lowest price of the last 3 bars from the entry price, am I coding this correctly?

def longProfit = longStopLoss*3; # How can I record the stop loss value(Even though it is not triggered) and return the profit target price? This allows the risk/reward ratio of 1:3.

def longExitSignal = if longStopLoss or longProfit then 1 else 0; # the condition will trigger whichever one come first

def longExitPrice = close;

def shortStopLoss = highest( entryPrice(),3 ) == 0; # Stoploss will be triggered based on highest price of the last 3 bars from the entry price, am I coding this correctly?

def shortProfit = shortStopLoss*3; # How can I record the stop loss value(Even though it is not triggered) and return the profit target price? This allows the risk/reward ratio of 1:3.

def shortExitSignal = if shortStopLoss or shortProfit then 1 else 0; # the condition will trigger whichever one come first

def shortExitPrice = close;

Many thanks in advance.

Cheers, Lui.
 
Solution
halcyonguy
Intrinsic Knowledge said:
Hi friends,

Please if any kind souls could help or guide the following questions in bold?
Click to expand...

see if this is close to what you want.
when there is a buy signal, it finds a new lowest and keeps it until the next buy signal.

Ruby: 
# lowest3atbuy

def bn = barnumber();
def na = double.nan;

# Using engulfing for Long and Short
input length = 20;
input trendSetup = 3;
def BodyMax = Max(open, close);
def BodyMin = Min(open, close);
def IsEngulfing = BodyMax > BodyMax[1] and BodyMin < BodyMin[1];
def IsWhite = open < close;
def IsBlack = open > close;
def IsPrevDoji = IsDoji(length)[1];

plot longSignal = if IsDescending(close, trendSetup)[1] and (IsBlack[1] or IsPrevDoji) and
IsWhite and IsEngulfing then 1 else 0;

plot shortSignal = if...
Sort by date Sort by votes
Intrinsic Knowledge said:
Hi friends,

Please if any kind souls could help or guide the following questions in bold?
Click to expand...

see if this is close to what you want.
when there is a buy signal, it finds a new lowest and keeps it until the next buy signal.

Ruby: 
# lowest3atbuy

def bn = barnumber();
def na = double.nan;

# Using engulfing for Long and Short
input length = 20;
input trendSetup = 3;
def BodyMax = Max(open, close);
def BodyMin = Min(open, close);
def IsEngulfing = BodyMax > BodyMax[1] and BodyMin < BodyMin[1];
def IsWhite = open < close;
def IsBlack = open > close;
def IsPrevDoji = IsDoji(length)[1];

plot longSignal = if IsDescending(close, trendSetup)[1] and (IsBlack[1] or IsPrevDoji) and
IsWhite and IsEngulfing then 1 else 0;

plot shortSignal = if IsAscending(close, trendSetup)[1] and (IsWhite[1] or IsPrevDoji) and IsBlack and IsEngulfing then 1 else 0;



#def longStopLoss = lowest( entryPrice(),3 ) == 0;
# Stoploss will be triggered based on lowest price of the last 3 bars from the entry price, am I coding this correctly?
def longStopLoss = if bn == 1 then na
else if longsignal then lowest( low, 3 )
 else longStopLoss[1];


def longProfit = longStopLoss*3;
# How can I record the stop loss value(Even though it is not triggered) and return the profit target price? This allows the risk/reward ratio of 1:3.

def longExitSignal = if longStopLoss or longProfit then 1 else 0; # the condition will trigger whichever one come first

def longExitPrice = close;




#def shortStopLoss = highest( entryPrice(),3 ) == 0;
 # Stoploss will be triggered based on highest price of the last 3 bars from the entry price, am I coding this correctly?
def shortStopLoss = if bn == 1 then na
else if shortsignal then highest( high, 3 )
 else shortStopLoss[1];



def shortProfit = shortStopLoss*3; # How can I record the stop loss value(Even though it is not triggered) and return the profit target price? This allows the risk/reward ratio of 1:3.

def shortExitSignal = if shortStopLoss or shortProfit then 1 else 0; # the condition will trigger whichever one come first

def shortExitPrice = close;


plot zl = longStopLoss;
plot zs = shortStopLoss;

#
 
Upvote 0 Downvote
Solution
halcyonguy said:
see if this is close to what you want.
when there is a buy signal, it finds a new lowest and keeps it until the next buy signal.

Ruby: 
# lowest3atbuy

def bn = barnumber();
def na = double.nan;

# Using engulfing for Long and Short
input length = 20;
input trendSetup = 3;
def BodyMax = Max(open, close);
def BodyMin = Min(open, close);
def IsEngulfing = BodyMax > BodyMax[1] and BodyMin < BodyMin[1];
def IsWhite = open < close;
def IsBlack = open > close;
def IsPrevDoji = IsDoji(length)[1];

plot longSignal = if IsDescending(close, trendSetup)[1] and (IsBlack[1] or IsPrevDoji) and
IsWhite and IsEngulfing then 1 else 0;

plot shortSignal = if IsAscending(close, trendSetup)[1] and (IsWhite[1] or IsPrevDoji) and IsBlack and IsEngulfing then 1 else 0;



#def longStopLoss = lowest( entryPrice(),3 ) == 0;
# Stoploss will be triggered based on lowest price of the last 3 bars from the entry price, am I coding this correctly?
def longStopLoss = if bn == 1 then na
else if longsignal then lowest( low, 3 )
 else longStopLoss[1];


def longProfit = longStopLoss*3;
# How can I record the stop loss value(Even though it is not triggered) and return the profit target price? This allows the risk/reward ratio of 1:3.

def longExitSignal = if longStopLoss or longProfit then 1 else 0; # the condition will trigger whichever one come first

def longExitPrice = close;




#def shortStopLoss = highest( entryPrice(),3 ) == 0;
 # Stoploss will be triggered based on highest price of the last 3 bars from the entry price, am I coding this correctly?
def shortStopLoss = if bn == 1 then na
else if shortsignal then highest( high, 3 )
 else shortStopLoss[1];



def shortProfit = shortStopLoss*3; # How can I record the stop loss value(Even though it is not triggered) and return the profit target price? This allows the risk/reward ratio of 1:3.

def shortExitSignal = if shortStopLoss or shortProfit then 1 else 0; # the condition will trigger whichever one come first

def shortExitPrice = close;


plot zl = longStopLoss;
plot zs = shortStopLoss;

#
Click to expand...
 
Upvote 0 Downvote
Thanks bro. But some how it does not open the trades?! Bro, please if you don't mind have a check as below:

# lowest3atbuy

def bn = barnumber();
def na = double.nan;

# Using engulfing for Long and Short
input length = 20;
input trendSetup = 3;
def BodyMax = Max(open, close);
def BodyMin = Min(open, close);
def IsEngulfing = BodyMax > BodyMax[1] and BodyMin < BodyMin[1];
def IsWhite = open < close;
def IsBlack = open > close;
def IsPrevDoji = IsDoji(length)[1];

plot longSignal = if IsDescending(close, trendSetup)[1] and (IsBlack[1] or IsPrevDoji) and
IsWhite and IsEngulfing then 1 else 0;

plot shortSignal = if IsAscending(close, trendSetup)[1] and (IsWhite[1] or IsPrevDoji) and IsBlack and IsEngulfing then 1 else 0;



#def longStopLoss = lowest( entryPrice(),3 ) == 0;
# Stoploss will be triggered based on lowest price of the last 3 bars from the entry price, am I coding this correctly?
def longStopLoss = if bn == 1 then na
else if longsignal then lowest( low, 3 )
else longStopLoss[1];


def longProfit = longStopLoss*3;
# How can I record the stop loss value(Even though it is not triggered) and return the profit target price? This allows the risk/reward ratio of 1:3.

def longExitSignal = if longStopLoss or longProfit then 1 else 0; # the condition will trigger whichever one come first

def longExitPrice = close;



#def shortStopLoss = highest( entryPrice(),3 ) == 0;
# Stoploss will be triggered based on highest price of the last 3 bars from the entry price, am I coding this correctly?
def shortStopLoss = if bn == 1 then na
else if shortsignal then highest( high, 3 )
else shortStopLoss[1];



def shortProfit = shortStopLoss*3; # How can I record the stop loss value(Even though it is not triggered) and return the profit target price? This allows the risk/reward ratio of 1:3.

def shortExitSignal = if shortStopLoss or shortProfit then 1 else 0; # the condition will trigger whichever one come first

def shortExitPrice = close;


plot zl = longStopLoss;
plot zs = shortStopLoss;

longSignal.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
shortSignal.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);
longSignal.SetLineWeight(5);
shortSignal.SetLineWeight(5);
longSignal.SetDefaultColor(Color.GREEN);
shortSignal.SetDefaultColor(Color.RED);

AddOrder(OrderType.BUY_TO_OPEN, yes and longSignal, close, 100);
AddOrder(OrderType.SELL_TO_CLOSE, longExitSignal, longExitPrice, 100);

AddOrder(OrderType.SELL_TO_OPEN, no and shortSignal, close, 100);
AddOrder(OrderType.BUY_TO_CLOSE, shortExitSignal, shortExitPrice, 100);
 
Upvote 0 Downvote
Intrinsic Knowledge said:
Thanks bro. But some how it does not open the trades?! Bro, please if you don't mind have a check as below:

# lowest3atbuy

def bn = barnumber();
def na = double.nan;

# Using engulfing for Long and Short
input length = 20;
input trendSetup = 3;
def BodyMax = Max(open, close);
def BodyMin = Min(open, close);
def IsEngulfing = BodyMax > BodyMax[1] and BodyMin < BodyMin[1];
def IsWhite = open < close;
def IsBlack = open > close;
def IsPrevDoji = IsDoji(length)[1];

plot longSignal = if IsDescending(close, trendSetup)[1] and (IsBlack[1] or IsPrevDoji) and
IsWhite and IsEngulfing then 1 else 0;

plot shortSignal = if IsAscending(close, trendSetup)[1] and (IsWhite[1] or IsPrevDoji) and IsBlack and IsEngulfing then 1 else 0;



#def longStopLoss = lowest( entryPrice(),3 ) == 0;
# Stoploss will be triggered based on lowest price of the last 3 bars from the entry price, am I coding this correctly?
def longStopLoss = if bn == 1 then na
else if longsignal then lowest( low, 3 )
else longStopLoss[1];


def longProfit = longStopLoss*3;
# How can I record the stop loss value(Even though it is not triggered) and return the profit target price? This allows the risk/reward ratio of 1:3.

def longExitSignal = if longStopLoss or longProfit then 1 else 0; # the condition will trigger whichever one come first

def longExitPrice = close;



#def shortStopLoss = highest( entryPrice(),3 ) == 0;
# Stoploss will be triggered based on highest price of the last 3 bars from the entry price, am I coding this correctly?
def shortStopLoss = if bn == 1 then na
else if shortsignal then highest( high, 3 )
else shortStopLoss[1];



def shortProfit = shortStopLoss*3; # How can I record the stop loss value(Even though it is not triggered) and return the profit target price? This allows the risk/reward ratio of 1:3.

def shortExitSignal = if shortStopLoss or shortProfit then 1 else 0; # the condition will trigger whichever one come first

def shortExitPrice = close;


plot zl = longStopLoss;
plot zs = shortStopLoss;

longSignal.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
shortSignal.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);
longSignal.SetLineWeight(5);
shortSignal.SetLineWeight(5);
longSignal.SetDefaultColor(Color.GREEN);
shortSignal.SetDefaultColor(Color.RED);

AddOrder(OrderType.BUY_TO_OPEN, yes and longSignal, close, 100);
AddOrder(OrderType.SELL_TO_CLOSE, longExitSignal, longExitPrice, 100);

AddOrder(OrderType.SELL_TO_OPEN, no and shortSignal, close, 100);
AddOrder(OrderType.BUY_TO_CLOSE, shortExitSignal, shortExitPrice, 100);
Click to expand...
https://imgur.com/vrk4WGL
 
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