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Forums    February 9, 2012
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Percentage Swing Code Assistance
Last Post 10-15-2009 08:09 PM by Robert Stefanovic. 2 Replies.
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Robert Stefanovic
New Member
New Member
Posts:2

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10-15-2009 05:46 PM
    I am just getting started with Tradersstudio and was looking to code a percentage swing system (x% move up or down from a recent high or low) similar to the 4% Swing system popularized by Ned Davis and Martin Zweig. Has anyone coded this or can offer some suggestions?

    Thanks for any assistance!

    Scipio
    mur ang
    Advanced Member
    Advanced Member
    Posts:525

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    10-15-2009 07:27 PM
    ' Code For the Zwieg 4% rules with Input For percent
    ' TradersStudio(r) (c) 2006,2007 all rights reserved.
    Sub My4Percent(LongPct, ShrtPct)
        Dim Counter As BarArray
        Dim LongHi As  BarArray
        Dim ShortLo As BarArray

        If BarNumber=FirstBar Then
            'LongPct = 4
            'ShrtPct = 4
            Counter = 0
            LongHi = C
            ShortLo = C
        End If

        Counter = Counter + 1
        If Counter = 1 Then
            LongHi = C
            ShortLo = C
        End If
        If MarketPosition <> 1 And C >= ShortLo * (1 + LongPct/100) Then
            Buy("", 1, 0, CloseEntry, Day)
            LongHi = C
        End If
        If MarketPosition <> -1 And C <= LongHi * (1 - ShrtPct/100) Then
            Sell("", 1, 0, CloseEntry, Day)
            ShortLo = Close
        End If
        If MarketPosition <> -1 And C > LongHi Then
            LongHi = C
        End If
        If MarketPosition <> 1 And C < ShortLo Then
            ShortLo = C
        End If
    End Sub

    Robert Stefanovic
    New Member
    New Member
    Posts:2

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    10-15-2009 08:09 PM
    Thanks Murray much appreciated! I will try and digest to make sure I understand how you got there. Teach a man to fish...:)
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