b131 Momentum in signals.
I have checked the last four signals. And the generated strategies seem to use momentum indicators inappropriately.
ex1.
LongEntrySignal = (((Close(Main chart)[1] is rising for 2 bars)
and (Momentum(Main chart,MomLowerPeriod, PRICE_CLOSE)[3] < 180))
and (Close(Main chart)[1] is falling for 3 bars at 3 bar ago));
ShortEntrySignal = (((Close(Main chart)[1] is falling for 2 bars)
and (Momentum(Main chart,MomLowerPeriod, PRICE_CLOSE)[3] < 20))
and (Close(Main chart)[1] is rising for 3 bars at 3 bar ago));
ex2.
LongEntrySignal = (((Momentum(Main chart,MomFallingPeriod, PRICE_OPEN)[1] is falling)
and (Momentum(Main chart,MomRisingPeriod, PRICE_CLOSE)[1] is rising))
and (Momentum(Main chart,MomFallingPeriod2, PRICE_CLOSE)[5] is falling));
ShortEntrySignal = (((Momentum(Main chart,MomFallingPeriod, PRICE_OPEN)[1] is falling)
and (Momentum(Main chart,MomRisingPeriod, PRICE_CLOSE)[1] is rising))
and (Momentum(Main chart,MomFallingPeriod2, PRICE_CLOSE)[5] is falling));
ex3.
// Trading rule: Trading signals (On Bar Open)
//--------------------------------------------------------------------
LongEntrySignal = (((Low(Main chart)[5] < Highest(Main chart, Period, PRICE_WEIGHTED)[1])
and (Momentum(Main chart,MomHigherPeriod, PRICE_TYPICAL)[3] > 20))
and (HeikenAshiClose(Main chart)[1] is rising for 4 bars at 4 bar ago));
ShortEntrySignal = (((High(Main chart)[5] > Lowest(Main chart, Period, PRICE_WEIGHTED)[1])
and (Momentum(Main chart,MomHigherPeriod, PRICE_TYPICAL)[3] > 180))
and (HeikenAshiClose(Main chart)[1] is falling for 4 bars at 4 bar ago));
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Votes 0
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Project StrategyQuant X
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Type Bug
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Status Fixed
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Priority Normal
History
e
MF
Mark Fric
12.05.2021 13:10
by incorrectly you mean incorrect comparison value opposite block? should be
LongEntrySignal = (Momentum(Main chart,MomLowerPeriod, PRICE_CLOSE)[3] < 180))
ShortEntrySignal = (Momentum(Main chart,MomLowerPeriod, PRICE_CLOSE)[3] < 20))
should be
LongEntrySignal = (Momentum(Main chart,MomLowerPeriod, PRICE_CLOSE)[3] < 180))
ShortEntrySignal = (Momentum(Main chart,MomLowerPeriod, PRICE_CLOSE)[3] < 180))
Can you confirm this?
e
eastpeace
13.05.2021 02:08Since 100 is the central axis of the SQ's momentum , based on the principle of symmetry, I think these are the right way.
LongEntrySignal = (Momentum(Main chart,MomLowerPeriod, PRICE_CLOSE)[3] > 180))
ShortEntrySignal = (Momentum(Main chart,MomLowerPeriod, PRICE_CLOSE)[3] < 20))
or
LongEntrySignal = (Momentum(Main chart,MomLowerPeriod, PRICE_CLOSE)[3] > 150))
ShortEntrySignal = (Momentum(Main chart,MomLowerPeriod, PRICE_CLOSE)[3] < 50))
If long signal is "<180", short signal is "<20". Obviously, in addition to not being suitable for momentum, there is logical error.
BTW, it is very important to clarify the value of central axis for oscillators or swing indicators. Like 0, 50, 100 or other values.
MF
Mark Fric
17.05.2021 09:03Status changed from New to Fixed
there was a discussion especially about Momentum indicator in other tasks, and some people suggested that it shouldn't be negated at all.
But the MT4 version of Momentum we are using is oscillating and should be negated as mentioned:
LongEntrySignal = (Momentum(Main chart,MomLowerPeriod, PRICE_CLOSE)[3] > 180))
ShortEntrySignal = (Momentum(Main chart,MomLowerPeriod, PRICE_CLOSE)[3] < 20))
so I fixed the opposite blocks to reflect this.
As for oscillators - of course the central axis has to be configured correctly, and it is for all the oscillators used in SQ.
Votes: 0
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