I have re-registered onto EIOC because I forgot the password to my old sign-in name (whiplash) and the password retrieval feature of EIOC is not working... so, hello again.

Over the holidays, I had some free time and took a swing at writing a test code for the RMO trading system as suggested by Equis' webinar (below).

When I run this backtest on SPY (daily, from jan93 to present), MS generates no trade signals. I am sure there is something wrong with my coding and/or the test settings but I can't seem to figure it out.

Would anybody like to take a peek?

Many thanks and I hope that we may all benefit from this code once it's functional.

ZigZag

Code:

event1:=Fml( "Rahul Mohindar Osc (RMO)")>0 AND Fml( "SwingTrd 2")>Fml( "SwingTrd 3") AND Fml( "SwingTrd 2")>0; {all three indicators above zero}

event2:=H>ValueWhen(1,event1,H)*1.001; {current bar High 0.1% above the High of the bar when the latest event1 happened}

event3:=Fml( "Rahul Mohindar Osc (RMO)")<0 AND Fml( "SwingTrd 2")<Fml( "SwingTrd 3") AND Fml( "SwingTrd 2")<0; {all three indicators below zero}

event4:=L<ValueWhen(1,event3,L)*0.999; {current bar Low 0.1% below the Low of the bar when the latest event3 happened}

event5:=Fml( "Rahul Mohindar Osc (RMO)")<0 OR Fml( "SwingTrd 2")<Fml( "SwingTrd 3") OR Fml( "SwingTrd 2")<0; {any of the three indicators below zero}

event6:=L<min(ValueWhen(1,event1,L)*0.999,Ref(ValueWhen(1,event5,L),-1)*0.999); {current bar Low below the lowest of: 1) 0.1% below the Low of the bar when the latest event1 happened and 2) 0.1% below the Low of the bar immediately previous to the bar when the latest event5 happened.}

event7:=Fml( "Rahul Mohindar Osc (RMO)")>0 OR Fml( "SwingTrd 2")>Fml( "SwingTrd 3") OR Fml( "SwingTrd 2")>0; {any of the three indicators above zero}

event8:=H>max(ValueWhen(1,event3,H)*1.001, Ref(ValueWhen(1,event7,H),-1)*1.001); {current bar High above the highest of: 1) 0.1% above the High of the bar when the latest event3 happened and 2) 0.1% above the High of the bar immediately previous to the bar when the latest event7 happened.}

BUY at next bar open: event1 and event2

Stop Price: ValueWhen(1,event1,H)*1.001 {0.1% above the High of the bar when the latest event1 happened}

Entry Size: 5% of available equity

SELL SHORT at next bar open: event3 and event4

Stop Price: ValueWhen(1,event3,L)*0.999 {0.1% below the Low of the bar when the latest event3 happened}

Entry size: 5% of available equity

SELL at next bar open: event5 or event6

Stop Price: ValueWhen(1,event5,L)*0.999 {0.1% below the Low of the bar when the latest event5 happened}

BUY TO COVER at next bar open: event7 or event8

Stop Price: ValueWhen(1,event7,H)*1.001 {0.1% above the High of the bar when the latest event7 happened}

Other settings:

1. Limit number of simultaneous positions to 20

2. Initial equity: 100,000

3. Commissions: 10 points ($) per transaction, entry and exit

4. Margin requirements: Long Initial 100%, Long Maintenance 0%, Short Initial 200%, Short Maintenance 101%

5. Trade Execution: Realistic Market Prices, Slippage 0

Minnamor, i just saw your posting. many thanks. it is v generous of you to share it with the community. one question: is your code setting up for exiting longs when swingtrd2<swingtrd3 OR swingtrd2<0 OR RMO<0? likewise, is your code setting up for exiting shorts when swingtrd2>swingtrd3 OR swingtrd2>0 OR RMO>0? these are the LX and SX set-ups suggested by Equis.

Thanks again.

ZigZag

understood. many thanks.

one quick note: shouldn't "min" read "max" on the line below from your Buy to Cover stop price code?

min(O,If( Cross(h, ExtFml("PowerPivots.NthPivotPrice",1,0,1)),ExtFml("PowerPivots.NthPivotPrice",1,0,1), valuewhen(1,se,hhV(h,2))))

also, how would you describe in plain english the code line above (ignoring the powerpivots...)?

best

ZigZag