Hello traders, it’s been a while since the last post so time to bump the thread, even if it has been quiet here I have been working on the developement and integrated the CFTA entry parameters to the code and added a corresponging exit. The code is intended to equal a five times higher timeframe so all values have been multiplied by 5 and the ADX threshold has been reduced to 10 since the values decrease overall when applied to a larger number of periods. Primarily I run it on 1m TF but it may also be ran on m3 equaling m15, but remember the system acts on the most recently closed candle hence it’s risky so run it on higher TFs, we rather need to multiply the values by a larger number.
It looks very promising on low timeframes with the new stop keeping losses small.
Sorry Kasper but this has kept me busy and I havn’t tested your most recent developments.
Note that the below verion has “AND STRATEGYPROFIT=0” on line 39 commented out so the cycle will repeat until stopped in order to re-enter after false entries which are stopped out shortly. Also note that the MA value for the BB exit has not been multiplied.
Long;
/// Definition of code parameters
defparam preloadbars =10000
DEFPARAM CumulateOrders = true // Cumulating positions deactivated
MAC= MACD[60,130,45]
CCC= CCI [100]
AAA= ADX [10]
DIP= DIplus[50]
DIM= DIminus[50]
once RRreached = 0
accountbalance = 10000 //account balance in money at strategy start
riskpercent = 1 //whole account risk in percent%
amount = 1 //lot amount to open each trade
rr = 2 //risk reward ratio (set to 0 disable this function)
sd = 0.25 //standard deviation of MA floating profit
//dynamic step grid
minSTEP = 5 //minimal step of the grid
maxSTEP = 30 //maximal step of the grid
ATRcurrentPeriod = 150 //recent volatility 'instant' period
ATRhistoPeriod = 3000 //historical volatility period
ATR = averagetruerange[ATRcurrentPeriod]
histoATR= highest[ATRhistoPeriod](ATR)
resultMAX = MAX(minSTEP*pipsize,histoATR - ATR)
resultMIN = MIN(resultMAX,maxSTEP*pipsize)
gridstep = (resultMIN)
// Conditions to enter long positions
c1 = (MAC > 0)
c2 = (CCC > 0)
c3 = (AAA > 20)
c4 = (DIP > DIM[1])
//first trade whatever condition, for one cycle only add "AND STRATEGYPROFIT=0" on lne 39
if NOT ONMARKET AND HIGHEST[1](c1)=1 AND HIGHEST[1](c2)=1 AND HIGHEST[1](c3)=1 AND HIGHEST[1](c4)=1 then
BUY amount LOT AT MARKET
endif
// case BUY - add orders on the same trend
if longonmarket and close-tradeprice(1)>=gridstep then
BUY amount LOT AT MARKET
endif
//money management
liveaccountbalance = accountbalance+strategyprofit
moneyrisk = (liveaccountbalance*(riskpercent/100))
if onmarket then
onepointvaluebasket = pointvalue*countofposition
mindistancetoclose =(moneyrisk/onepointvaluebasket)*pipsize
endif
//floating profit
floatingprofit = (((close-positionprice)*pointvalue)*countofposition)/pipsize
//actual trade gains
MAfloatingprofit = average[40](floatingprofit)
BBfloatingprofit = MAfloatingprofit - std[40](MAfloatingprofit)*sd
//CFTA cross exit
if LONGONMARKET AND c1=0 or c2=0 or c3=0 or c4=0 then
SELL AT MARKET
endif
//floating profit risk reward check
if rr>0 and floatingprofit>moneyrisk*rr then
RRreached=1
endif
//stoploss trigger when risk reward ratio is not met already
if onmarket and RRreached=0 then
SELL AT positionprice-mindistancetoclose STOP
endif
//stoploss trigger when risk reward ratio has been reached
if onmarket and RRreached=1 then
if floatingprofit crosses under BBfloatingprofit then
SELL AT MARKET
endif
endif
//resetting the risk reward reached variable
if not onmarket then
RRreached = 0
endif
Short;
/// Definition of code parameters
defparam preloadbars =10000
DEFPARAM CumulateOrders = true // Cumulating positions deactivated
MAC= MACD[60,130,45]
CCC= CCI [100]
AAA= ADX [10]
DIP= DIplus[50]
DIM= DIminus[50]
once RRreached = 0
accountbalance = 10000 //account balance in money at strategy start
riskpercent = 2 //whole account risk in percent%
amount = 1 //lot amount to open each trade
rr = 2 //risk reward ratio (set to 0 disable this function)
sd = 0.25 //standard deviation of MA floating profit
//dynamic step grid
minSTEP = 5 //minimal step of the grid
maxSTEP = 30 //maximal step of the grid
ATRcurrentPeriod = 150 //recent volatility 'instant' period
ATRhistoPeriod = 3000 //historical volatility period
ATR = averagetruerange[ATRcurrentPeriod]
histoATR= highest[ATRhistoPeriod](ATR)
resultMAX = MAX(minSTEP*pipsize,histoATR - ATR)
resultMIN = MIN(resultMAX,maxSTEP*pipsize)
gridstep = (resultMIN)
// Conditions to enter short positions
c11 = (MAC < 0)
c12 = (CCC < 0)
c13 = (AAA > 20)
c14= (DIP < DIM[1])
//first trade whatever condition, for only one cycle add "AND STRATEGYPROFIT=0" on line 39
if NOT ONMARKET AND HIGHEST[1](c11)=1 AND HIGHEST[1](c12)=1 AND HIGHEST[1](c13)=1 AND HIGHEST[1](c14)=1 then
SELLSHORT amount LOT AT MARKET
endif
// case SELL - add orders on the same trend
if shortonmarket and tradeprice(1)-close>=gridstep then
SELLSHORT amount LOT AT MARKET
endif
//money management
liveaccountbalance = accountbalance+strategyprofit
moneyrisk = (liveaccountbalance*(riskpercent/100))
if onmarket then
onepointvaluebasket = pointvalue*countofposition
mindistancetoclose =(moneyrisk/onepointvaluebasket)*pipsize
endif
//floating profit
floatingprofit = (((close-positionprice)*pointvalue)*countofposition)/pipsize
//actual trade gains
MAfloatingprofit = average[40](floatingprofit)
BBfloatingprofit = MAfloatingprofit - std[40](MAfloatingprofit)*sd
//CFTA exit
if c11=0 or c12=0 or c13=0 or c14=0 then
EXITSHORT AT MARKET
endif
//floating profit risk reward check
if rr>0 and floatingprofit>moneyrisk*rr then
RRreached=1
endif
//stoploss trigger when risk reward ratio is not met already
if onmarket and RRreached=0 then
EXITSHORT AT positionprice-mindistancetoclose STOP
endif
//stoploss trigger when risk reward ratio has been reached
if onmarket and RRreached=1 then
if floatingprofit crosses under BBfloatingprofit then
EXITSHORT AT MARKET
endif
endif
//resetting the risk reward reached variable
if not onmarket then
RRreached = 0
endif
Long & Short
/// Definition of code parameters
defparam preloadbars =10000
DEFPARAM CumulateOrders = true // Cumulating positions deactivated
MAC= MACD[60,130,45]
CCC= CCI [100]
AAA= ADX [10]
DIP= DIplus[50]
DIM= DIminus[50]
once RRreached = 0
accountbalance = 10000 //account balance in money at strategy start
riskpercent = 1 //whole account risk in percent%
amount = 1 //lot amount to open each trade
rr = 2 //risk reward ratio (set to 0 disable this function)
sd = 0.25 //standard deviation of MA floating profit
//dynamic step grid
minSTEP = 5 //minimal step of the grid
maxSTEP = 30 //maximal step of the grid
ATRcurrentPeriod = 150 //recent volatility 'instant' period
ATRhistoPeriod = 3000 //historical volatility period
ATR = averagetruerange[ATRcurrentPeriod]
histoATR= highest[ATRhistoPeriod](ATR)
resultMAX = MAX(minSTEP*pipsize,histoATR - ATR)
resultMIN = MIN(resultMAX,maxSTEP*pipsize)
gridstep = (resultMIN)
// Conditions to enter long positions
c1 = (MAC > 0)
c2 = (CCC > 0)
c3 = (AAA > 20)
c4 = (DIP > DIM[1])
//first trade whatever condition, for one cycle only add "AND STRATEGYPROFIT=0" on line 39
if NOT ONMARKET AND HIGHEST[1](c1)=1 AND HIGHEST[1](c2)=1 AND HIGHEST[1](c3)=1 AND HIGHEST[1](c4)=1 then
BUY amount LOT AT MARKET
endif
// case BUY - add orders on the same trend
if longonmarket and close-tradeprice(1)>=gridstep then
BUY amount LOT AT MARKET
endif
// Conditions to enter short positions
c11 = (MAC < 0)
c12 = (CCC < 0)
c13 = (AAA > 20)
c14= (DIP < DIM[1])
//first trade whatever condition, for only one cycle add "AND STRATEGYPROFIT=0" on line 55
if NOT ONMARKET AND HIGHEST[1](c11)=1 AND HIGHEST[1](c12)=1 AND HIGHEST[1](c13)=1 AND HIGHEST[1](c14)=1 then
SELLSHORT amount LOT AT MARKET
endif
// case SELL - add orders on the same trend
if shortonmarket and tradeprice(1)-close>=gridstep then
SELLSHORT amount LOT AT MARKET
endif
//money management
liveaccountbalance = accountbalance+strategyprofit
moneyrisk = (liveaccountbalance*(riskpercent/100))
if onmarket then
onepointvaluebasket = pointvalue*countofposition
mindistancetoclose =(moneyrisk/onepointvaluebasket)*pipsize
endif
//floating profit
floatingprofit = (((close-positionprice)*pointvalue)*countofposition)/pipsize
//actual trade gains
MAfloatingprofit = average[40](floatingprofit)
BBfloatingprofit = MAfloatingprofit - std[40](MAfloatingprofit)*sd
//CFTA cross exit
if LONGONMARKET AND c1=0 or c2=0 or c3=0 or c4=0 then
SELL AT MARKET
endif
//floating profit risk reward check
if rr>0 and floatingprofit>moneyrisk*rr then
RRreached=1
endif
//stoploss trigger when risk reward ratio is not met already
if onmarket and RRreached=0 then
SELL AT positionprice-mindistancetoclose STOP
endif
//stoploss trigger when risk reward ratio has been reached
if onmarket and RRreached=1 then
if floatingprofit crosses under BBfloatingprofit then
SELL AT MARKET
endif
endif
//CFTA exit
if c11=0 or c12=0 or c13=0 or c14=0 then
EXITSHORT AT MARKET
endif
//floating profit risk reward check
if rr>0 and floatingprofit>moneyrisk*rr then
RRreached=1
endif
//stoploss trigger when risk reward ratio is not met already
if onmarket and RRreached=0 then
EXITSHORT AT positionprice-mindistancetoclose STOP
endif
//stoploss trigger when risk reward ratio has been reached
if onmarket and RRreached=1 then
if floatingprofit crosses under BBfloatingprofit then
EXITSHORT AT MARKET
endif
endif
//resetting the risk reward reached variable
if not onmarket then
RRreached = 0
endif
The latest indicator version without multiplier;
/// Definition of code parameters
defparam preloadbars =10000
DEFPARAM CumulateOrders = true // Cumulating positions deactivated
MAC= MACD[60,130,45]
CCC= CCI [100]
AAA= ADX [10]
DIP= DIplus[50]
DIM= DIminus[50]
once RRreached = 0
accountbalance = 10000 //account balance in money at strategy start
riskpercent = 1 //whole account risk in percent%
amount = 1 //lot amount to open each trade
rr = 2 //risk reward ratio (set to 0 disable this function)
sd = 0.25 //standard deviation of MA floating profit
//dynamic step grid
minSTEP = 10 //minimal step of the grid
maxSTEP = 50 //maximal step of the grid
ATRcurrentPeriod = 150 //recent volatility 'instant' period
ATRhistoPeriod = 3000 //historical volatility period
ATR = averagetruerange[ATRcurrentPeriod]
histoATR= highest[ATRhistoPeriod](ATR)
resultMAX = MAX(minSTEP*pipsize,histoATR - ATR)
resultMIN = MIN(resultMAX,maxSTEP*pipsize)
gridstep = (resultMIN)
// Conditions to enter long positions
c1 = (MAC > 0)
c2 = (CCC > 0)
c3 = (AAA > 20)
c4 = (DIP > DIM[1])
//first trade whatever condition, for one cycle only add "AND STRATEGYPROFIT=0" on line 39
if NOT ONMARKET AND HIGHEST[1](c1)=1 AND HIGHEST[1](c2)=1 AND HIGHEST[1](c3)=1 AND HIGHEST[1](c4)=1 then
BUY amount LOT AT MARKET
endif
// case BUY - add orders on the same trend
if longonmarket and close-tradeprice(1)>=gridstep then
BUY amount LOT AT MARKET
endif
// Conditions to enter short positions
c11 = (MAC < 0)
c12 = (CCC < 0)
c13 = (AAA > 20)
c14= (DIP < DIM[1])
//first trade whatever condition, for only one cycle add "AND STRATEGYPROFIT=0" on line 55
if NOT ONMARKET AND HIGHEST[1](c11)=1 AND HIGHEST[1](c12)=1 AND HIGHEST[1](c13)=1 AND HIGHEST[1](c14)=1 then
SELLSHORT amount LOT AT MARKET
endif
// case SELL - add orders on the same trend
if shortonmarket and tradeprice(1)-close>=gridstep then
SELLSHORT amount LOT AT MARKET
endif
//money management
liveaccountbalance = accountbalance+strategyprofit
moneyrisk = (liveaccountbalance*(riskpercent/100))
if onmarket then
onepointvaluebasket = pointvalue*countofposition
mindistancetoclose =(moneyrisk/onepointvaluebasket)*pipsize
endif
//floating profit
floatingprofit = (((close-positionprice)*pointvalue)*countofposition)/pipsize
//actual trade gains
MAfloatingprofit = average[40](floatingprofit)
BBfloatingprofit = MAfloatingprofit - std[40](MAfloatingprofit)*sd
//CFTA cross exit
if LONGONMARKET AND c1=0 or c2=0 or c3=0 or c4=0 then
SELL AT MARKET
endif
//floating profit risk reward check
if rr>0 and floatingprofit>moneyrisk*rr then
RRreached=1
endif
//stoploss trigger when risk reward ratio is not met already
if onmarket and RRreached=0 then
SELL AT positionprice-mindistancetoclose STOP
endif
//stoploss trigger when risk reward ratio has been reached
if onmarket and RRreached=1 then
if floatingprofit crosses under BBfloatingprofit then
SELL AT MARKET
endif
endif
//CFTA exit
if c11=0 or c12=0 or c13=0 or c14=0 then
EXITSHORT AT MARKET
endif
//floating profit risk reward check
if rr>0 and floatingprofit>moneyrisk*rr then
RRreached=1
endif
//stoploss trigger when risk reward ratio is not met already
if onmarket and RRreached=0 then
EXITSHORT AT positionprice-mindistancetoclose STOP
endif
//stoploss trigger when risk reward ratio has been reached
if onmarket and RRreached=1 then
if floatingprofit crosses under BBfloatingprofit then
EXITSHORT AT MARKET
endif
endif
//resetting the risk reward reached variable
if not onmarket then
RRreached = 0
endif
And with multiplier;
//==================CFTA-v3.1
Indicator1=0
//***************Long
c1 = MACD[60,130,45] > 0
c2 = ADX[50] > 10
c3 = CCI[100] > 0
DIP = DIplus[50]
DIM = DIminus[50]
c4 = (DIP > DIM[1])
//*************Short
c11 = MACD[60,130,45] < 0
c12 = ADX[50] > 10
c13 = CCI[100] < 0
DIP = DIplus[50]
DIM = DIminus[50]
c14 = (DIP < DIM[1])
If c1 and c2 and c3 and c4 then
Indicator1=1
Endif
If c11 and c12 and c13 and c14 then
Indicator1=-1
Endif
Return indicator1
Remember the grid step and ATR settings are at the discretion of each trader and may be adapted to different markets depending on volatility.
I hope you will enjoy it and give some feedback on possible improvements 🙂
