NexusFi: Find Your Edge


Home Menu

 





Waiting for some bars before entry


Discussion in Platforms and Indicators

Updated
    1. trending_up 2,434 views
    2. thumb_up 2 thanks given
    3. group 2 followers
    1. forum 4 posts
    2. attach_file 1 attachments




 
Search this Thread
  #1 (permalink)
milkysahai001
Agra+India
 
Posts: 42 since Sep 2016
Thanks Given: 17
Thanks Received: 3

I want to create a code for scaling in if the same conditions are met 3 times.

i.e., if there is a buy signal and again BUY signal conditions are met before SELL (LongExit) condition, then the system could take the BUY signals upto 3 times and then exit all at the SELL condition.
i have a code which works like this but it generates 3 signals on 3 continuous candles which leads to losses. have attached image for clarity.

now i need to create a code which waits for a certain number of candles before scaling in.

somebody please help!


Attached Thumbnails
Click image for larger version

Name:	1.JPG
Views:	285
Size:	17.1 KB
ID:	242389  
Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Day 96 Missiles Hit Kuwait and Bahrain: June 15 Peace at …
Prediction Markets & Event Contracts
Kalshi Sets $4.13B All-Time Weekly Record as Polymarket …
Prediction Markets & Event Contracts
Victory Day Delivers: Russia-Ukraine Ceasefire Market Cl …
Prediction Markets & Event Contracts
The Confluence Meter: A Multi-Layered Signal Framework B …
The Elite Circle
Orban Crashes to 21pct on Record Turnout -- McIlroy Drop …
Prediction Markets & Event Contracts
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Sober Journey With S&P
24 thanks
2026 Jlab journal
10 thanks
Lady Vols Primer: Trading Volatility Journal
7 thanks
Algo automated / semi-automated trading anyone?
6 thanks
Trying to learn Volume and price action correlation
5 thanks
  #2 (permalink)
alligator
paris france
 
Posts: 10 since Sep 2013
Thanks Given: 10
Thanks Received: 5

I am not sure to understand you correctly. I guess you want to scale-in every time you get a Buy signal, up to 3 times. And sell your whole position when you get a Sell signal. But you also want to wait for n bars after last Buy signal before buying more. In that case,
let's say your long signals are given by a BuySignal variable and your sell signals by a SellSignal.

 
Code
n = Param("Delay to scale in", 5, 1, 20);
maxScaleIn = Param("Max scale in", 3, 1, 10);

Delay = BarsSince(BuySignal); // Bars since last Buy signal
Pos = Flip(BuySignal, SellSignal); // position in the market

BuyFirst = (Pos > 0) AND (Ref(Pos, -1) <= 0); // first buy signal, no delay
BuyMore = BuySignal AND (Delay >= n); // next signals, n bars delay
BuyNoMore = (Sum(BuyMore, BarsSince(BuyFirst)) + 1) >= maxScaleIn;
Buy = BuyFirst OR BuyMore AND (NOT BuyNoMore);

Similarly for the short side. I haven't check code but it should be ok. Have fun.


Reply With Quote
Thanked by:
  #3 (permalink)
milkysahai001
Agra+India
 
Posts: 42 since Sep 2016
Thanks Given: 17
Thanks Received: 3



alligator View Post
I am not sure to understand you correctly. I guess you want to scale-in every time you get a Buy signal, up to 3 times. And sell your whole position when you get a Sell signal. But you also want to wait for n bars after last Buy signal before buying more. In that case,
let's say your long signals are given by a BuySignal variable and your sell signals by a SellSignal.

 
Code
n = Param("Delay to scale in", 5, 1, 20);
maxScaleIn = Param("Max scale in", 3, 1, 10);

Delay = BarsSince(BuySignal); // Bars since last Buy signal
Pos = Flip(BuySignal, SellSignal); // position in the market

BuyFirst = (Pos > 0) AND (Ref(Pos, -1) <= 0); // first buy signal, no delay
BuyMore = BuySignal AND (Delay >= n); // next signals, n bars delay
BuyNoMore = (Sum(BuyMore, BarsSince(BuyFirst)) + 1) >= maxScaleIn;
Buy = BuyFirst OR BuyMore AND (NOT BuyNoMore);

Similarly for the short side. I haven't check code but it should be ok. Have fun.

Alligator,

thanks a lot for your reply. the code is not working though. it is generating only one buy signal instead of three. i will see what can be done now. thanks again.


Reply With Quote
  #4 (permalink)
alligator
paris france
 
Posts: 10 since Sep 2013
Thanks Given: 10
Thanks Received: 5

I don't have time to check, but there's at least on error preventing more than 1 buy. Replace Delay by:

 
Code
Delay = Ref(BarsSince(BuySignal), -1) + 1;


Reply With Quote
Thanked by:
  #5 (permalink)
milkysahai001
Agra+India
 
Posts: 42 since Sep 2016
Thanks Given: 17
Thanks Received: 3

Alligator,

its working. Thanks a lot.


Reply With Quote




Last Updated on October 13, 2017


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts