DMI Cross strategy

[Alexander.Gettinger]

Signals appear when DMI+ and DMI- crossing.
The signal can be direct or reverse.
MT4/MQ4 version.
viewtopic.php?f=38&t=69485

DMI_Cross_Signal.lua

(11.2 KiB) Downloaded 1742 times

[sabrumea]

could anyone check if sound is playing in this strategy?... because i only get alerts on the screen and no sound even though i specified the file and everything..

[PipGrabber]

Greetings! What line of code can be added to modify the buy/sell logic. I want to have another filter to it. Like only buy/sell only if the cross occurs on a certain DMI Level, say 25 or could be any constant value. I know it can be added as another "AND" condition greater than our constant. But how to know the value of DMI when the cross occurs is my problem. Thanks!

like AND CROSS value > 25

Code: Select all

local MustB=false;
    local MustS=false;
    if (dip[period]<dim[period] and dip[period-1]>dim[period-1] and instance.parameters.TypeSignal=="direct") or (dip[period]>dim[period] and dip[period-1]<dim[period-1] and instance.parameters.TypeSignal=="reverse") then
     MustS=true;
    end
    if (dip[period]>dim[period] and dip[period-1]<dim[period-1] and instance.parameters.TypeSignal=="direct") or (dip[period]<dim[period] and dip[period-1]>dim[period-1] and instance.parameters.TypeSignal=="reverse") then
     MustB=true;
    end


[sunshine]

Hi PipGrabber,
I've added the Cross parameter with default value 25.
Unfortunately there is no function to easily define the crossing value, so I calculate it as follows:

Code: Select all

-- calculation of the crossing value 

    local iXStart, iXEnd;
    iXStart = DMI.DIP:date(period - 1);
    iXEnd = DMI.DIP:date(period);

    local iXDelta;
    iXDelta = iXEnd - iXStart;

    local iYLine1Start, iYLine1End;    -- rates for dip stream (DI+)
    iYLine1Start = DMI.DIP:tick(period - 1);
    iYLine1End = DMI.DIP:tick(period);

    local iYLine2Start, iYLine2End;    -- rates for dim stream (DI-)
    iYLine2Start = DMI.DIM:tick(period - 1);
    iYLine2End = DMI.DIM:tick(period);

    local iXIntersection, CROSS;

    local iYDelta1, iYDelta2;
    iYDelta1 = iYLine1Start - iYLine1End;
    iYDelta2 = iYLine2Start - iYLine2End;

    local dA = iXStart * iYLine1End - iYLine1Start * iXEnd;
    local dB = iXStart * iYLine2End - iYLine2Start * iXEnd;
    local dC = iXDelta * iYDelta2 - iYDelta1 * iXDelta;

    CROSS = (dB * iYDelta1 - dA * iYDelta2) / dC;

-- end of calculation

And then I've added "AND CROSS > CrossValue" to the Buy/Sell conditions (where CrossValue is the value defined in the properties, CROSS is the value of DI+ and DI- crossing).

[PipGrabber]

Thanks sunshine! I really appreciate the effort you put into making a work around on the crossed value. Hope lua has a built in function that makes things easier..hehe.

[sagymmm]

I would appreciate if we can add an option of having a limit and SL specified by pips

[Apprentice]

What's wrong with current Stop/Limit settings.

[sagymmm]

They are ok but sometimes when the crossover happens in the opposite direction the trade turns to loss though it has been profitable
That was clear when I made a backtest for the strategy as it ends with few pips as a profit though sometimes it may reach more than 100 pips before it gets closed for 10-20 pips
So I think that having SL with certain amount of pips and trailing stop would endup in more profits

[Avignon]

Hi PipGrabber,
I've added the Cross parameter with default value 25.
Unfortunately there is no function to easily define the crossing value, so I calculate it as follows:

Code: Select all

-- calculation of the crossing value 

    local iXStart, iXEnd;
    iXStart = DMI.DIP:date(period - 1);
    iXEnd = DMI.DIP:date(period);

    local iXDelta;
    iXDelta = iXEnd - iXStart;

    local iYLine1Start, iYLine1End;    -- rates for dip stream (DI+)
    iYLine1Start = DMI.DIP:tick(period - 1);
    iYLine1End = DMI.DIP:tick(period);

    local iYLine2Start, iYLine2End;    -- rates for dim stream (DI-)
    iYLine2Start = DMI.DIM:tick(period - 1);
    iYLine2End = DMI.DIM:tick(period);

    local iXIntersection, CROSS;

    local iYDelta1, iYDelta2;
    iYDelta1 = iYLine1Start - iYLine1End;
    iYDelta2 = iYLine2Start - iYLine2End;

    local dA = iXStart * iYLine1End - iYLine1Start * iXEnd;
    local dB = iXStart * iYLine2End - iYLine2Start * iXEnd;
    local dC = iXDelta * iYDelta2 - iYDelta1 * iXDelta;

    CROSS = (dB * iYDelta1 - dA * iYDelta2) / dC;

-- end of calculation

And then I've added "AND CROSS > CrossValue" to the Buy/Sell conditions (where CrossValue is the value defined in the properties, CROSS is the value of DI+ and DI- crossing).

Hello,

After importing I have the message that is present yet it does not appear in the indicators.

[Avignon]

Hi PipGrabber,
I've added the Cross parameter with default value 25.
Unfortunately there is no function to easily define the crossing value, so I calculate it as follows:

Code: Select all

-- calculation of the crossing value 

    local iXStart, iXEnd;
    iXStart = DMI.DIP:date(period - 1);
    iXEnd = DMI.DIP:date(period);

    local iXDelta;
    iXDelta = iXEnd - iXStart;

    local iYLine1Start, iYLine1End;    -- rates for dip stream (DI+)
    iYLine1Start = DMI.DIP:tick(period - 1);
    iYLine1End = DMI.DIP:tick(period);

    local iYLine2Start, iYLine2End;    -- rates for dim stream (DI-)
    iYLine2Start = DMI.DIM:tick(period - 1);
    iYLine2End = DMI.DIM:tick(period);

    local iXIntersection, CROSS;

    local iYDelta1, iYDelta2;
    iYDelta1 = iYLine1Start - iYLine1End;
    iYDelta2 = iYLine2Start - iYLine2End;

    local dA = iXStart * iYLine1End - iYLine1Start * iXEnd;
    local dB = iXStart * iYLine2End - iYLine2Start * iXEnd;
    local dC = iXDelta * iYDelta2 - iYDelta1 * iXDelta;

    CROSS = (dB * iYDelta1 - dA * iYDelta2) / dC;

-- end of calculation

And then I've added "AND CROSS > CrossValue" to the Buy/Sell conditions (where CrossValue is the value defined in the properties, CROSS is the value of DI+ and DI- crossing).

Hello,

After importing I have the message that is present yet it does not appear in the indicators.

I was wrong: the topic strategy here.