Zone Analysis System

I posted some research on zone analysis at www.futurestruth/wordpress.com.  Based on this research I created a very simple system framework.  Here is some trade examples and performance results for the past four years.

ZoneWinner

ZoneLoser

ZonePerformance

 

 

 

 

 

//Zone Program by George Pruitt 
// Buy when market opens in zone 1 and dips into zone 3
// Sell when market opens in zone 4 and rises into zone 2

vars: myZone1B(0),myZone2T(0),myZone2B(0),myZone3T(0),myZone3B(0),myzone4T(0);
vars:oz1cz1(0),oz1cz2(0),oz1cz3(0),oz1cz4(0);
vars:oz2cz1(0),oz2cz2(0),oz2cz3(0),oz2cz4(0);
vars:oz3cz1(0),oz3cz2(0),oz3cz3(0),oz3cz4(0);
vars:oz4cz1(0),oz4cz2(0),oz4cz3(0),oz4cz4(0);

vars:myBarCount(0),buysToday(0),sellsToday(0);

inputs: profitAmt$(1000),riskAmt$(500),stopEntryTime(1300);
if date <> date[1] then
begin
	buysToday = 0;
	sellsToday = 0;
	myBarCount = 1;
end;

if(marketPosition = 1) then buysToday = 1;
if(marketPosition =-1) then sellsToday = 1;
	
if date<> date[1] then myBarCount = myBarCount + 1;
myZone1B = highD(1) + minMove/PriceScale;
myZone2T = highD(1);
myZone2B = (highD(1) + lowD(1))/2 + minMove/PriceScale;
myZone3T = (highD(1) + lowD(1))/2;
myZone3B = lowD(1); 
myZone4T = lowD(1) - minMove/PriceScale;


//if openD(0) > myZone1B and low > myZone1B and myBarCount > 1 and sellsToday = 0 and time <> Sess1endtime then sellshort next bar at low stop;
//if openD(0) < myZone4T and high < myZone4T and myBarCount > 1 and buysToday = 0 and time <> Sess1endtime then buy next bar at high stop;

if openD(0) > myZone1B and low < myZone2B and myBarCount > 1 and buysToday = 0 and time < stopEntryTime then buy next bar at low limit;
if openD(0) < myZone4T and high > myZone3T and myBarCount > 1 and sellsToday = 0 and time < stopEntryTime then sellshort next bar at high limit;

myBarCount = myBarCount + 1;
//print(date," ",time," ",buysToday," ",openD(0) > myZone1B and low > myZone1B and myBarCount > 1 and buysToday = 0);
setProfitTarget(profitAmt$);
setStopLoss(riskAmt$);

setExitOnClose;

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