Opening range breakout -acd and supper combo

[doronlevin]

I am new to esignal system I used to trade with tradestation.
Opening range break out are considered usually very sucessful.
acd is one of them . Where a is the % of the opening range breakout c is the stoploss and d is the re-entry in opposite direction. Suppercombo runs aroud those ideas as well. I have the suppercombo system in Easy Language .
Can some one help me with those systems.
One of the problems are that there is a need to run optimization to find the "sweet spot " to enter the market. Can it be done with e-signal ?

[JayF]

You may want to try this search and see if any of these posts have what you are looking for.

[doronlevin]

Jay
Thanks
My answer hasn't came out so I am posting again.
rolling pivots are only very small part of ACD.
What I am looking for is the day trading part.
This is going like this :
1. Opening range high and low for x time .
2. Take the high for buying for example ( low -for selling is exactly the opposite) If the market is doing Opening range high+y buy.
This is the A and it is calculated as % of ATR over 10 days.
3. Stoploss is the low of the opening range.
4 If there is breakout failure you came again in the opposite direction C.
5. D is the stoploss of C.
I have similar system which was developed (as an example)by Purrite in Easy Language which I can send.
Can I be helped ?

Thanks
Doron

[JayF]

It may help to post the ELA code here, either via zipped up attachment or just copy/paste the code. While I'm not familiar with translating ELA code, there are some here that can.

[doronlevin]

The ELA of super combo.

Inputs:waitPeriodMins(30),initTradesEndTime(1430), liqRevEndTime(1200),
thrustPrcnt1(0.30),thrustPrcnt2(0.60),breakOutPrcn t(0.25),
failedBreakOutPrcnt(0.25),protStopPrcnt1(0.25),pro tStopPrcnt2(0.15),
protStopAmt(3.00),breakEvenPrcnt(0.50),avgRngLengt h(10),avgOCLength(10);

Variables:averageRange(0),averageOCRange(0),canTra de(0),buyEasierDay(FALSE),
sellEasierDay(FALSE),buyBOPoint(0),sellBOPoint(0), longBreakPt(0),
shortBreakPt(0),longFBOPoint(0),shortFBOPoint(0),b arCount(0),
intraHigh(0),intraLow(999999),buysToday(0),sellsTo day(0),
currTrdType(0),longLiqPoint(0),shortLiqPoint(0),ye sterdayOCRRange(0),
intraTradeHigh(0),intraTradeLow(999999);if(Date <> Date[1]) then {save time by doing these calculations once per day}
begin
averageRange = Average(Range,10) of Data2; {Data 2 points to daily bars}
yesterdayOCRRange = AbsValue(Open of Data2-Close of Data2);
averageOCRange = Average(AbsValue(Open of Data2-Close of Data2),10);
print(date,time,yesterdayOCRRange,averageOCRange);
canTrade = 0;
if(yesterdayOCRRange< 0.80*averageOCRange) then canTrade = 1;
buyEasierDay = FALSE;
sellEasierDay = FALSE;

if(Close of Data2 <= Close[1] of Data2) then buyEasierDay = TRUE;
if(Close of Data2 > Close[1] of Data2) then sellEasierDay =TRUE;

if(buyEasierDay) then
begin
buyBOPoint = Open of data1 + thrustPrcnt1*averageRange;
sellBOPoint= Open of data1 - thrustPrcnt2*averageRange;
end;
if(sellEasierDay) then
begin
sellBOPoint= Open of data1 - thrustPrcnt1*averageRange;
buyBOPoint = Open of data1 + thrustPrcnt2*averageRange;
end;

longBreakPt = High of Data2 + breakOutPrcnt*averageRange;
shortBreakPt= Low of Data2 - breakOutPrcnt*averageRange;

shortFBOPoint = High of Data2 - failedBreakOutPrcnt*averageRange;
longFBOPoint= Low of Data2 + failedBreakOutPrcnt*averageRange;

barCount = 0;
intraHigh = 0;intraLow = 999999; {Didn't know you could do this}
buysToday = 0;sellsToday = 0;{You can put multiple statements on one line}

currTrdType = 0;
end;
if(High > intraHigh) then intraHigh = High;
if(Low < intraLow ) then intraLow = Low;

barCount = barCount + 1; {count the number of bars of intraday data}
if(barCount >= waitPeriodMins/BarInterval and canTrade = 1) then {have we waited long enough}
begin
if(MarketPosition = 0) then
begin
intraTradeHigh = 0;
intraTradeLow = 999999;
end;

if(MarketPosition = 1) then
begin
intraTradeHigh = MaxList(intraTradeHigh,High);
buysToday = 1;
end;
if(MarketPosition =-1) then
begin
intraTradeLow = MinList(intraTradeLow,Low);
sellsToday= 1;
end;

if(buysToday = 0 and Time < initTradesEndTime) then
Buy("LBreakOut") next bar at buyBOPoint stop;
if(sellsToday= 0 and Time < initTradesEndTime) then
Sell("SBreakout") next bar at sellBOPoint stop;
if(intraHigh > longBreakPt and sellsToday = 0 and Time < initTradesEndTime) then
Sell("SfailedBO") next bar at shortFBOPoint stop;
if(intraLow < shortBreakPt and buysToday = 0 and Time < initTradesEndTime) then
Buy("BfailedBO") next bar at longFBOPoint stop;
{The next module keeps track of positions and places protective stops}
if(MarketPosition = 1) then
begin
longLiqPoint = EntryPrice-protStopPrcnt1*averageRange;
longLiqPoint = MinList(longLiqPoint,EntryPrice - protStopAmt);
if(MarketPosition(1) = -1 and BarsSinceEntry = 1 and
High[1] >= shortLiqPoint and shortLiqPoint < shortFBOPoint) then
currTrdType = -2; {we just got long from a short liq reversal}
if(currTrdType = -2) then
begin
longLiqPoint = EntryPrice - protStopPrcnt2*averageRange;
longLiqPoint = MinList(longLiqPoint,EntryPrice - protStopAmt);
end;
if(intraTradeHigh >= EntryPrice + breakEvenPrcnt*averageRange) then
longLiqPoint = EntryPrice; {Breakeven trade}
if(Time >= initTradesEndTime) then
longLiqPoint = MaxList(longLiqPoint,Lowest(Low,3)); {Trailing stop}
if(Time < liqRevEndTime and sellsToday = 0 and
longLiqPoint <> EntryPrice and BarsSinceEntry >= 4) then
begin
Sell("LongLiqRev") next bar at longLiqPoint stop;
end
else begin
ExitLong("LongLiq") next bar at longLiqPoint stop;
end;
end;
if(MarketPosition =-1) then
begin

shortLiqPoint = EntryPrice+protStopPrcnt1*averageRange;
shortLiqPoint = MaxList(shortLiqPoint,EntryPrice + protStopAmt);
if(MarketPosition(1) = 1 and BarsSinceEntry(0) = 1 and
Low [1] <= longLiqPoint and longLiqPoint > longFBOPoint) then
currTrdType = +2; {we just got long from a short liq reversal}
if(currTrdType = +2) then
begin
shortLiqPoint = EntryPrice + protStopPrcnt2*averageRange;
shortLiqPoint = MaxList(shortLiqPoint,EntryPrice + protStopAmt);
end;
if(intraTradeLow <= EntryPrice - breakEvenPrcnt*averageRange) then
shortLiqPoint = EntryPrice; {Breakeven trade}
if(Time >= initTradesEndTime) then
shortLiqPoint = MinList(shortLiqPoint,Highest(High,3)); {Trailing stop}
if(Time < liqRevEndTime and buysToday = 0 and
shortLiqPoint <> EntryPrice and BarsSinceEntry >= 4) then
begin
Buy("ShortLiqRev") next bar at shortLiqPoint stop;
end
else begin
ExitShort("ShortLiq") next bar at shortLiqPoint stop;
end;
end;
end;
SetExitOnClose;

[TheStockStalker]

error in code

I get a line 17 error when I fun this code? What is the problem?

Oz

[dloomis]

Oz

The problem is wide spread through out the file. You will have to fixx a lot of the same errors.

// should be used, instead of {...} for comments.

Line 17 should be

intraTradeHigh(0),intraTradeLow(999999);if(Date <> Date[1]) then //save time by doing these calculations once per day}

all of the 'code' after the // is ignored til the next line.