BabyPips.com Cowabunga Strategy....

post your indicators here

Moderator: moderators

whittakerj
rank: <50 posts
rank: <50 posts
Posts: 23
Joined: Mon Oct 15, 2007 5:53 am
Reputation: 0
Location: Arizona
Gender: Male

BabyPips.com Cowabunga Strategy....

Postby whittakerj » Mon Nov 19, 2007 6:40 am

Hello everyone,

I've been a huge fan of the forum and I've been reading about all of TRO's indicators and trying to learn them. I attempted to write a strategy that followed BabyPips.com Cowabunga system. I'm curious if I can get some feedback, it doesn't look all to promising to me but then again I'm an amateur to Tradestation and I'm not sure it's programmed 100% correctly. Any feedback, thoughts, suggestions, fixes would be great. Thanks in advance.
Attachments
BABYPIPS.ELD
(3.92 KiB) Downloaded 51 times
-Jeremy
MCSE MCSA CCNA

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

whittakerj
rank: <50 posts
rank: <50 posts
Posts: 23
Joined: Mon Oct 15, 2007 5:53 am
Reputation: 0
Location: Arizona
Gender: Male

link

Postby whittakerj » Mon Nov 19, 2007 6:45 am

I wanted to post a link to the strategy for those of you that are not familiar with it. Cowabunga
-Jeremy

MCSE MCSA CCNA

gmoney
rank: <50 posts
rank: <50 posts
Posts: 11
Joined: Fri May 26, 2006 12:56 pm
Reputation: 0
Location: Scottsdale, AZ
Gender: Male

Postby gmoney » Mon Nov 19, 2007 9:24 pm

I see a few things that don't match the website. I'll look at it this holiday weekend and get back to you.

whittakerj
rank: <50 posts
rank: <50 posts
Posts: 23
Joined: Mon Oct 15, 2007 5:53 am
Reputation: 0
Location: Arizona
Gender: Male

Postby whittakerj » Mon Nov 19, 2007 10:02 pm

gmoney wrote:I see a few things that don't match the website. I'll look at it this holiday weekend and get back to you.


That would be great...Like I said I'm new to Tradestation so I wasn't sure how to do a couple of things. For one I know the exits are off. I just made those inputs. I was thinking something along the lines of
short exit = highest high of the last 10 bars
long exit = lowest low of the last 10 bars.

I just wasn't sure about the correct syntax.
-Jeremy

MCSE MCSA CCNA

gmoney
rank: <50 posts
rank: <50 posts
Posts: 11
Joined: Fri May 26, 2006 12:56 pm
Reputation: 0
Location: Scottsdale, AZ
Gender: Male

TS strategy code

Postby gmoney » Fri Nov 23, 2007 3:56 pm

Here is the code I came up with. This meets the general method the website describes for the entries and stops. I didn't address the profit targets. Can't promise this is perfect and it certainly is not the most elegant coding but here you go! I had to come up with new trading time code since I am in Arizona and the start time is the previous day.

Code: Select all

//Write code to emulate http://www.BabyPips.com Cowabunga system.
//Adjust inputs based on currency decimals example is for GBPUSD
//TP is take profit and SL is stop loss optimized back two years with intrabar at 1 minute.
//For questions or corrections: ME @ Jeremy Whittaker dot com
//modified by gmoney 11/23/07


inputs:  numContracts(1),starttradetime(2300),endtradetime(1200),TP(.0080),SL(.0040);
variables: MyMACD( 0 ), MACDAvg( 0 ), MACDDiff( 0 ),oFastK( 0 ), oFastD( 0 ), oSlowK( 0 ), oSlowD( 0 ),
   SlowK2(0), SlowD2(0), sellstop(0), buytocoverstop(999999);

MyMACD = MACD( Close, 12,26) ;
MACDAvg = XAverage( MyMACD,9) ;
MACDDiff = MyMACD - MACDAvg ;
Value1 = Stochastic( H, L, C, 10, 3, 3, 1, oFastK, oFastD, oSlowK, oSlowD ) ;
SlowK2 = SlowK(10) data2;
SlowD2 = SlowD(10) data2;

if marketposition = 0 then
begin
   sellstop = 0;
   buytocoverstop = 999999;
end;


//setup trading times
   
IF STARTTRADETIME > ENDTRADETIME THEN IF (TIME > STARTTRADETIME OR TIME < ENDTRADETIME) THEN
   CONDITION99 = TRUE;
IF STARTTRADETIME < ENDTRADETIME THEN IF (TIME > STARTTRADETIME AND TIME < ENDTRADETIME) THEN
   CONDITION99 = TRUE;

IF CONDITION99 THEN
BEGIN
   
//long entries
   
   //data2 (240 min) setup for longs
   condition1 =
      (Xaverage(close,5) > Xaverage(close,10)) data2 and
      rsi(close,9) data2 > 50 and
      SlowK2 > SlowK2[1] and SlowD2 > SlowD2[1];
   
   //data1 (15 min) setup for longs
   condition3 =
   MACDDiff[1] < 0 and
   MACDDiff > MACDDiff[1] and //MACDDiff[1] > MACDDiff[2] and
   oSlowK > oSlowK[1] and oSlowD > oSlowD[1] and
   oSlowD < 80 and
   rsi(close,9) > 50;
   
   if Xaverage(close,5) crosses over Xaverage(close,10) and condition1 and condition3 then
      buy ("LE") numContracts contracts next bar market;


//short entries

   //data2 (240 min) setup for shorts
   condition2 =
      (Xaverage(close,5) < Xaverage(close,10)) data2 and
      rsi(close,9) data2 < 50 and
      SlowK2 < SlowK2[1] and SlowD2 < SlowD2[1];

   //data1 (15 min) setup for shorts
   condition4 =
   MACDDiff[1] > 0 and
   MACDDiff < MACDDiff[1] and //MACDDiff[1] < MACDDiff[2] and
   oSlowK < oSlowK[1] and oSlowD < oSlowD[1] and
   oSlowD > 20 and
   rsi(close,9) < 50;
   
   if Xaverage(close,5) crosses under Xaverage(close,10) and condition2 and condition4 then
      sellshort ("SE") numContracts contracts next bar market;


END;

//Exits
   
SetStopContract;
SetProfitTarget(TP);
//SetStopLoss(SL);

if marketposition = 1 and barssinceentry = 1 then sellstop = lowest(l,10);
if marketposition = -1 and barssinceentry = 1 then buytocoverstop = highest(h,10);

if marketposition = 1 then sell next bar at sellstop stop;
if marketposition = -1 then buytocover next bar at buytocoverstop stop;

if time = endtradetime then
begin
   sell next bar market;
   buytocover next bar market;
end;


Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “Tradestation indicators”