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CCI Double Bottom Strategy Help

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Designer

Posted : Wednesday, December 8, 2010 12:19:11 PM

Registered User
Joined: 9/30/2006
Posts: 317

I would like to have a code for entering positions in stocks when the CCI forms a double bottom :
1- Enter Long when CCI crosses up thru -100 and
2- CCI has crossed up -100 X number of bars ago (I would like to have the option to modify number of bars ago and the bars range) and
3- CCI was (timewise) after condition 2 and before condition 1 above -100 and below 0.

The strategy is both for daily and intra day minutes timeframes.

Thanks in advance.

Bruce_L

Posted : Wednesday, December 8, 2010 12:24:13 PM

Worden Trainer

Joined: 10/7/2004
Posts: 65,138

QUOTE (Designer)

CCI has crossed up -100 X number of bars ago (I would like to have the option to modify number of bars ago and the bars range)...

Exactly X Bars Ago, less than X Bars Ago or more than X Bars Ago?

-Bruce
Personal Criteria Formulas
TC2000 Support Articles

Designer

Posted : Wednesday, December 8, 2010 1:42:34 PM

Registered User
Joined: 9/30/2006
Posts: 317

Bruce, X to be a range rather than an exact number ... asume 10 to 20 bars but I would like to be able to modify this number.
Thanks

Bruce_L

Posted : Wednesday, December 8, 2010 2:00:18 PM

Worden Trainer

Joined: 10/7/2004
Posts: 65,138

Please try using the following RealCode Condition:

'|*****************************************************************|
'|*** StockFinder RealCode Condition - Version 5.0 www.worden.com
'|*** Copy and paste this header and code into StockFinder *********
'|*** Condition:CCI Double Bottom
'|******************************************************************
'# CCI = indicator.Library.Commodity Channel Index CCI
'# BarsAgoStart = UserInput.Integer = 10
'# BarsAgoEnd = UserInput.Integer = 20
'# Cumulative
Static Since As Single
Static Range(1) As Integer
If isFirstBar OrElse CCI.Value >= 0 Then
    Since = Single.NaN
    Range(0) = System.Math.Min(BarsAgoStart, BarsAgoEnd)
    Range(1) = System.Math.Max(BarsAgoStart, BarsAgoEnd)
End If
Since += 1
If CCI.Value > -100 AndAlso CCI.Value(1) <= -100 Then
    If Range(0) <= Since AndAlso Since <= Range(1) Then
        Pass
    End If
    Since = 0
End If

-Bruce
Personal Criteria Formulas
TC2000 Support Articles

Designer

Posted : Tuesday, December 21, 2010 12:01:25 PM

Registered User
Joined: 9/30/2006
Posts: 317

Bruce, Thanks very much ...it works very well.
One quick question... could you ad an alert to the code so it can give a signal in my watchlist when the condition is met...
Thanks

Bruce_L

Posted : Tuesday, December 21, 2010 12:09:09 PM

Worden Trainer

Joined: 10/7/2004
Posts: 65,138

If you just want it to show something in your WatchList, you can just Drag and Drop the Condition to your WatchList to use it as a Condition Column or Sort.

Scanning with Conditions

StockFinder does not have Realtime Alerts built in. The RealCode Programmers Reference has a section on Simulating an Alert with RealCode Rules which covers one method of creating alerts in StockFinder.

-Bruce
Personal Criteria Formulas
TC2000 Support Articles

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