2007 Apr: Another Look at the Election Cycle – EFS

ElectionomicsTrader.efs

File Name: ElectionomicsTrader.efs

Description:
This study is based on the April 2007 article, Another Look at the Election Cycle, by Matt Blackman.

Formula Parameters:
NA

Notes:
The study requires a daily chart interval and eSignal version 8.0 or later. This system is a long only system and is enabled for Back Testing. The background of the chart is colored green when a long position is in force. The related article is copyrighted material. If you are not a subscriber of Active Trader Magazine, please visit www.activetradermag.com.

Download File:
ElectionomicsTrader.efs

EFS Code:

/***************************************Provided By : eSignal (c) Copyright 2007Description:  Electionomics Trader Version 1.0  11/10/2006Notes:* Apr 2007 Issue of Active Trader Magazine* Study requires version 8.0 or later.* Study requires a Daily chart interval.* Study is enabled for back testing.Formula Parameters:                     Default:N/A*****************************************************************/function preMain() {    setPriceStudy(true);    setStudyTitle("Electionomics Trader ");    setShowCursorLabel(false);    setShowTitleParameters(false);    }// Global Variablesvar bVersion  = null;    // Version flagvar bInit     = false;   // Initialization flagvar aEyear = new Array();function main() {    if (bVersion == null) bVersion = verify();    if (bVersion == false) return;        if (isDaily() == false) {        setStudyTitle(" !!!! Electionomics Trader study requires a Daily chart interval. !!!!!");        return;    }        var nState = getBarState();    var nBarYear = year(0);    var sBarYear = nBarYear.toString();    var nBarMonth = month(0);    var nBarDay = day(0);    var bEyear = false;        //Initialization    if (bInit == false) {        var xDate = new Date();        var nYear = xDate.getFullYear();        var nNum = 1900;        var i = 0;        while (nNum < nYear) {            aEyear[i] = nNum;            i++;            nNum += 4;        }        bInit = true;    }            // buy    if (Strategy.isInTrade() == false) {         var sChar = sBarYear.charAt(3);        if (isEyear(nBarYear) == false && (sChar == 2 || sChar == 8 || sChar == 4 ||            sChar == 0 || sChar == 6) && nBarMonth == 9 && nBarDay >= 20) {            Strategy.doLong("Buy", Strategy.CLOSE, Strategy.THISBAR);            setBarBgColor(Color.green, 0);        }    // sell    } else if (isEyear(nBarYear) == true && nBarMonth == 11 &&            nBarDay >= 20) {           Strategy.doSell("Sell", Strategy.CLOSE, Strategy.THISBAR);        setBarBgColor(Color.red, 0);    }        if (Strategy.isInTrade() == true) {        setBarBgColor(Color.green, 0);    }        return ;}function isEyear(nY) {    var b = false;    for (var i = 0; i < aEyear.length; i++) {        if (aEyear[i] == nY) {            b = true;            i = aEyear.length;        }    }    return b;}function verify() {    var b = false;    if (getBuildNumber() < 779) {        drawTextAbsolute(5, 35, "This study requires version 8.0 or later.",             Color.white, Color.blue, Text.RELATIVETOBOTTOM|Text.RELATIVETOLEFT|Text.BOLD|Text.LEFT,            null, 13, "error");        drawTextAbsolute(5, 20, "Click HERE to upgrade.@URL=http://www.esignal.com/download/default.asp",             Color.white, Color.blue, Text.RELATIVETOBOTTOM|Text.RELATIVETOLEFT|Text.BOLD|Text.LEFT,            null, 13, "upgrade");        return b;    } else {        b = true;    }        return b;}