Hi guys,
this topic is for all discussions related to the Pathfinder trading system strategies. The system based on four components that work perfectly together.
- signalline – instrument trend line based on two smoothed averages (Wilder and Time Series)
- breakout levels – previous daily, weekly and monthly high/lows in combination with fast and slow averages as filters because not every breakout is profitable
- saisonal behavior – position size will be boost with a multiplier for each month depending on the historical seasonal behavior
- smart money and position management – grid orders, maximal position size monitoring, superordinate stop loss/take profit, trailing stop and maximum holding periods are used mechanisms
The Pathfinder breakout logic works well for many instruments with 24 hour quotes such as DAX, DOW, FTSE, Hang Seng, NIKKEI in 4 hours timeframe. All versions are optimized for an 10k Euro account.
Pathfinder strategies offer a statistical advantage but are of course not a holy grail and there is no guarantee to make money with it. The systems are optimized for historical data and historical gains are not a guarantee to be successful in the future. I strictly recommend to adjust the position sizes to your personal account size and try first in demo mode. The results in life trading will differ from the backtest results. I also recommend to start in life trading with a small account size. Anyone can use the programs for free and at their own risk.
Pathfinder is my private and fully transparent algorithmic trading project exclusively implemented for ProRealTime 10.3. The status is experimental and I don’t trade all the systems presented here. I would also like to thank all members who have helped to improve the system with their contributions.
Please find below the last released Pathfinder trading system versions for suitable instruments.
Dropbox Link: https://www.dropbox.com/sh/xyymvk6gscxbfbe/AABaOs9_ZExILA18HxKW9kdqa
Best, Reiner
04.02.2018 Updated dropbox with new algos V7-FEB-2018 with automatic scaling for ASX, DAX, DOW, FTSE, GOLD, HS, NIKKEI, SAF and STXE (#post-61450)
08.01.2017 Checkout the results from 2017 (#post-56978) || introducing new PF algo category DAX-1H-V8 (#post-57005) || new algos in dropbox DAX-V7-2018 (#post-57521), DOW-V7-2018 (#post-57524) and HS-V7-2018 (#post-57528)
02.08.2017 Updated dropbox with new algos FTSE-V7 and Nikkei-V7 (#post-42223), ASX-V7 (#post-42249) and STXE-V7 (#post-42332)
31.07.2017 Updated dropbox with new algos DAX-V7-2, DOW-V7-2 and HS-V7-2 (#post-41811)
18.07.2017 Release V7 containing error fixes, improvements and new features for DAX-V7 (#post-40798) and DOW-V7 (#post-40880)
Hi Reiner, Great work on the code. Can I ask what variables you have been optimising in your backtests? I’d like to run this live but I wanted to run some IN/OUT testing first.
Hi Cosmic1, here are the optimized variables that are important for your test. Also check these variables if you want to adjust Pathfinder to other instruments.
ONCE periodThirdMA = 3 // this variable define the "heartbeat" of every instrument and have to be adjusted, possible values are 3, 4, 5, 6, 7
// filter parameter
ONCE periodLongMA = 250 // the settings of the filter periods are also important for the profit factor, 200, 250, 300 are good values
ONCE periodShortMA = 50 // 10, 40 or 50 are good settings
// money and position management parameter - these parameters are important for the risk and performance
ONCE stoppLoss = 5 // in % the system would works without a stopp loss, it's more in the sense of a disaster exit
ONCE takeProfitLong = 2 // in %
ONCE takeProfitShort = 1.75 // in %
ONCE maxCandlesLongWithProfit = 18 // take long profit latest after 18 candles - 15 with a higher take profit is my new favorite in the next version
ONCE maxCandlesShortWithProfit = 13 // take short profit latest after 12 candles - 13 is a good value for every instrument
ONCE maxCandlesLongWithoutProfit = 30 // limit long loss latest after 30 candles - 30 or 40 are good values
ONCE maxCandlesShortWithoutProfit = 25 // limit short loss latest after 25 candles - 25 is my favorite for all instruments
Reiner
it may be useful to avoid returning the same day (or candle) to me makes no sense out of the trade and return immediately after. it would be appropriate to wait a day. what do you think ?
Miguel, I saw it, Pathfinder re-entered in the DAX on the same day – from today’s perspective that’s probably not a good trade. I will try to test it.
Thanks Reiner, I presumed that was the case. That is a lot of variables so will have to cut it up in to chunks and run many tests. Will try it over the weekend and let you know what I find.
I have created a new version. Pathfinder V4 is now more applicable to other indices such as DOW or FTSE. Here are the changes:
- reorganize the code a little bit to make things clearer
- introduce maximal position size for long and short trades to avoid an excessive risk
- separation of the stop loss for long and short trades
- introduce monthly saisonal pattern management
- adjust signal and filter logic for other indices such as FTSE or DOW
- modify some trading parameter
changes in detail for the DAX:
- new: maxPositionSizeLong
- new: maxPositionSizeShort
- new: stoppLossShort
- change: periodLongMA = 300 // 250
- change: stopLossLong = 5 // 5.5
- change: takeProfitLong = 2.75 // 2
- change: maxCandlesWithProfit = 15 // 18
- rename: c1, c2, c3 in f1, f2, f3
- remove: c4 filter
- remove: monthlyLow for short trades
Here is the code for the DAX (backtest result is attached):
// Pathfinder Trading System based on ProRealTime 10.2
// Breakout system triggered by previous daily, weekly and monthly high/low crossings with smart position management
// Version 4
// Instrument: DAX mini 4H, 8-22 CET, 2 points spread, account size 10.000 Euro
// ProOrder code parameter
DEFPARAM CUMULATEORDERS = true // cumulate orders if not turned off
DEFPARAM PRELOADBARS = 10000
// define intraday trading window
ONCE startTime = 80000
ONCE endTime = 220000
// define instrument signalline with help of multiple smoothed averages
ONCE periodFirstMA = 5
ONCE periodSecondMA = 10
ONCE periodThirdMA = 3
// define filter parameter
ONCE periodLongMA = 300
ONCE periodShortMA = 50
// define position and money management parameter
ONCE positionSize = 1
ONCE maxPositionSizeLong = 15
ONCE maxPositionSizeShort = 10
ONCE stopLossLong = 5.5 // in %
ONCE stopLossShort = 3.5 // in %
ONCE takeProfitLong = 2.75 // in %
ONCE takeProfitShort = 1.75 // in %
ONCE maxCandlesLongWithProfit = 15 // take long profit latest after 15 candles
ONCE maxCandlesShortWithProfit = 13 // take short profit latest after 13 candles
ONCE maxCandlesLongWithoutProfit = 30 // limit long loss latest after 30 candles
ONCE maxCandlesShortWithoutProfit = 25 // limit short loss latest after 25 candles
// define saisonal position multiplier >0 - long / <0 - short / 0 no trade
ONCE January = 2
ONCE February = 2
ONCE March = 2
ONCE April = 3
ONCE May = 2
ONCE June = 2
ONCE July = 3
ONCE August = -1
ONCE September = -2
ONCE October = 1
ONCE November = 3
ONCE December = 3
// calculate daily high/low
dailyHigh = DHigh(1)
dailyLow = DLow(1)
// calculate weekly high/low
If DayOfWeek < DayOfWeek[1] then
weeklyHigh = Highest[BarIndex - lastWeekBarIndex](dailyHigh)
lastWeekBarIndex = BarIndex
ENDIF
// calculate monthly high/low
If Month <> Month[1] then
monthlyHigh = Highest[BarIndex - lastMonthBarIndex](dailyHigh)
monthlyLow = Lowest[BarIndex - lastMonthBarIndex](dailyLow)
lastMonthBarIndex = BarIndex
ENDIF
// calculate instrument signalline with multiple smoothed averages
firstMA = WilderAverage[periodFirstMA](close)
secondMA = TimeSeriesAverage[periodSecondMA](firstMA)
signalline = TimeSeriesAverage[periodThirdMA](secondMA)
// trade only in defined trading window
IF Time >= startTime AND Time <= endTime THEN
// filter criteria because not every breakout is profitable
f1 = close > Average[periodLongMA](close)
f2 = close < Average[periodLongMA](close)
f3 = close > Average[periodShortMA](close)
// saisonal pattern
IF CurrentMonth = 1 THEN
saisonalPatternMultiplier = January
ELSIF CurrentMonth = 2 THEN
saisonalPatternMultiplier = February
ELSIF CurrentMonth = 3 THEN
saisonalPatternMultiplier = March
ELSIF CurrentMonth = 4 THEN
saisonalPatternMultiplier = April
ELSIF CurrentMonth = 5 THEN
saisonalPatternMultiplier = May
ELSIF CurrentMonth = 6 THEN
saisonalPatternMultiplier = June
ELSIF CurrentMonth = 7 THEN
saisonalPatternMultiplier = July
ELSIF CurrentMonth = 8 THEN
saisonalPatternMultiplier = August
ELSIF CurrentMonth = 9 THEN
saisonalPatternMultiplier = September
ELSIF CurrentMonth = 10 THEN
saisonalPatternMultiplier = October
ELSIF CurrentMonth = 11 THEN
saisonalPatternMultiplier = November
ELSIF CurrentMonth = 12 THEN
saisonalPatternMultiplier = December
ENDIF
// long position conditions
l1 = signalline CROSSES OVER monthlyHigh
l2 = signalline CROSSES OVER weeklyHigh
l3 = signalline CROSSES OVER dailyHigh
l4 = signalline CROSSES OVER monthlyLow
// short position conditions
s1 = signalline CROSSES UNDER monthlyHigh
s2 = signalline CROSSES UNDER dailyLow
// long entry
IF ( l1 OR l4 OR l2 OR (l3 AND f2) ) THEN // cumulate orders for long trades
IF saisonalPatternMultiplier > 0 THEN // check saisonal booster setup and max position size
IF (COUNTOFPOSITION + (positionSize * saisonalPatternMultiplier)) <= maxPositionSizeLong THEN
BUY positionSize * saisonalPatternMultiplier CONTRACT AT MARKET
ENDIF
ELSIF saisonalPatternMultiplier <> 0 THEN
IF (COUNTOFPOSITION + positionSize) <= maxPositionSizeLong THEN
BUY positionSize CONTRACT AT MARKET
ENDIF
ENDIF
stopLoss = stopLossLong
takeProfit = takeProfitLong
ENDIF
// short entry
IF NOT SHORTONMARKET AND ( (s1 AND f3) OR (s2 AND f1) ) THEN // no cumulation for short trades
IF saisonalPatternMultiplier < 0 THEN // check saisonal booster setup and max position size
IF (COUNTOFPOSITION + (positionSize * ABS(saisonalPatternMultiplier))) <= maxPositionSizeShort THEN
SELLSHORT positionSize * ABS(saisonalPatternMultiplier) CONTRACT AT MARKET
ENDIF
ELSIF saisonalPatternMultiplier <> 0 THEN
IF (COUNTOFPOSITION + positionSize) <= maxPositionSizeLong THEN
SELLSHORT positionSize CONTRACT AT MARKET
ENDIF
ENDIF
stopLoss = stopLossShort
takeProfit = takeProfitShort
ENDIF
// stop and profit management
posProfit = (((close - positionprice) * pointvalue) * countofposition) / pipsize
m1 = posProfit > 0 AND (BarIndex - TradeIndex) >= maxCandlesLongWithProfit
m2 = posProfit > 0 AND (BarIndex - TradeIndex) >= maxCandlesShortWithProfit
m3 = posProfit < 0 AND (BarIndex - TradeIndex) >= maxCandlesLongWithoutProfit
m4 = posProfit < 0 AND (BarIndex - TradeIndex) >= maxCandlesShortWithoutProfit
IF LONGONMARKET AND (m1 OR m3) THEN
SELL AT MARKET
ENDIF
IF SHORTONMARKET AND (m2 OR m4) THEN
EXITSHORT AT MARKET
ENDIF
SET STOP %LOSS stopLoss
SET TARGET %PROFIT takeProfit
ENDIF
Will take some time to look at this over the weekend but looks very impressive. I finished running some IN/OUT opp just now on V3 Jan 2009 – March 2014 and results were very similar on the forward test, infact slightly better so this gives very good confidence. 🙂
The consideration of seasonal patterns have improved my trading results significantly. Especially for commodities they are very helpful. On the webpage http://www.equityclock.com you will find excellent information about this topic. I have created a first Pathfinder version for crude oil based on the historic backtest results of saisonal patterns http://charts.equityclock.com/crude-oil-futures-cl-seasonal-chart. Unfortunately IG PRT has only a very limited data history and maybe someone with longer history is able to check the reliability of the results.
// Pathfinder Trading System based on ProRealTime 10.2
// Breakout system triggered by previous daily, weekly and monthly high/low crossings with smart position management
// Version 1
// Instrument: CL mini 4H, 7-23 CET, 3 points spread, account size 10.000 Euro
// ProOrder code parameter
DEFPARAM CUMULATEORDERS = true // cumulate orders if not turned off
DEFPARAM PRELOADBARS = 10000
// define intraday trading window
ONCE startTime = 70000
ONCE endTime = 230000
// define instrument signalline with help of multiple smoothed averages
ONCE periodFirstMA = 5
ONCE periodSecondMA = 10
ONCE periodThirdMA = 4
// define filter parameter
ONCE periodLongMA = 100
ONCE periodShortMA = 10
// define position and money management parameter
ONCE positionSize = 1
ONCE maxPositionSizeLong = 15
ONCE maxPositionSizeShort = 15
ONCE stopLossLong = 10 // in %
ONCE stopLossShort = 5 // in %
ONCE takeProfitLong = 8 // in %
ONCE takeProfitShort = 10 // in %
ONCE maxCandlesLongWithProfit = 20 // take long profit latest after 20 candles
ONCE maxCandlesShortWithProfit = 13 // take short profit latest after 13 candles
ONCE maxCandlesLongWithoutProfit = 40 // limit long loss latest after 40 candles
ONCE maxCandlesShortWithoutProfit = 25 // limit short loss latest after 25 candles
// define saisonal position multiplier >0 - long / <0 - short / 0 no trade (www.equityclock.com)
ONCE January = 5
ONCE February = -5
ONCE March = 5
ONCE April = 5
ONCE May = 5
ONCE June = 5
ONCE July = 5
ONCE August = 5
ONCE September = 5
ONCE October = -5
ONCE November = -5
ONCE December = 3
// calculate daily high/low
dailyHigh = DHigh(1)
dailyLow = DLow(1)
// calculate weekly high/low
If DayOfWeek < DayOfWeek[1] then
weeklyHigh = Highest[BarIndex - lastWeekBarIndex](dailyHigh)
weeklyLow = Lowest[BarIndex - lastWeekBarIndex](dailyLow)
lastWeekBarIndex = BarIndex
ENDIF
// calculate monthly high/low
If Month <> Month[1] then
monthlyHigh = Highest[BarIndex - lastMonthBarIndex](dailyHigh)
monthlyLow = Lowest[BarIndex - lastMonthBarIndex](dailyLow)
lastMonthBarIndex = BarIndex
ENDIF
// calculate instrument signalline with multiple smoothed averages
firstMA = WilderAverage[periodFirstMA](close)
secondMA = TimeSeriesAverage[periodSecondMA](firstMA)
signalline = TimeSeriesAverage[periodThirdMA](secondMA)
// trade only in defined trading window
IF Time >= startTime AND Time <= endTime THEN
// filter criteria because not every breakout is profitable
f1 = close > Average[periodLongMA](close)
f2 = close < Average[periodLongMA](close)
f3 = close > Average[periodShortMA](close)
// saisonal pattern
IF CurrentMonth = 1 THEN
saisonalPatternMultiplier = January
ELSIF CurrentMonth = 2 THEN
saisonalPatternMultiplier = February
ELSIF CurrentMonth = 3 THEN
saisonalPatternMultiplier = March
ELSIF CurrentMonth = 4 THEN
saisonalPatternMultiplier = April
ELSIF CurrentMonth = 5 THEN
saisonalPatternMultiplier = May
ELSIF CurrentMonth = 6 THEN
saisonalPatternMultiplier = June
ELSIF CurrentMonth = 7 THEN
saisonalPatternMultiplier = July
ELSIF CurrentMonth = 8 THEN
saisonalPatternMultiplier = August
ELSIF CurrentMonth = 9 THEN
saisonalPatternMultiplier = September
ELSIF CurrentMonth = 10 THEN
saisonalPatternMultiplier = October
ELSIF CurrentMonth = 11 THEN
saisonalPatternMultiplier = November
ELSIF CurrentMonth = 12 THEN
saisonalPatternMultiplier = December
ENDIF
// long position conditions
l1 = signalline CROSSES OVER monthlyHigh
l2 = signalline CROSSES OVER weeklyHigh
l3 = signalline CROSSES OVER dailyHigh
l4 = signalline CROSSES OVER monthlyLow
// short position conditions
s1 = signalline CROSSES UNDER monthlyHigh
s2 = signalline CROSSES UNDER weeklyHigh
s3 = signalline CROSSES UNDER weeklyLow
s4 = signalline CROSSES UNDER dailyHigh
s5 = signalline CROSSES UNDER dailyLow
// long entry
IF ( l1 OR l4 OR l2 OR (l3 AND f2) ) THEN // cumulate orders for long trades
IF saisonalPatternMultiplier > 0 THEN // check saisonal booster setup and max position size
IF (COUNTOFPOSITION + (positionSize * saisonalPatternMultiplier)) <= maxPositionSizeLong THEN
BUY positionSize * saisonalPatternMultiplier CONTRACT AT MARKET
ENDIF
ELSIF saisonalPatternMultiplier <> 0 THEN
IF (COUNTOFPOSITION + positionSize) <= maxPositionSizeLong THEN
BUY positionSize CONTRACT AT MARKET
ENDIF
ENDIF
stopLoss = stopLossLong
takeProfit = takeProfitLong
ENDIF
// short entry
IF NOT SHORTONMARKET AND ( (s1 AND f3) OR (s2 AND f1) OR (s3 AND f2) OR (s4 AND f1) OR (s5 AND f1) ) THEN // no cumulation for short trades
IF saisonalPatternMultiplier < 0 THEN // check saisonal booster setup and max position size
IF (COUNTOFPOSITION + (positionSize * ABS(saisonalPatternMultiplier))) <= maxPositionSizeShort THEN
SELLSHORT positionSize * ABS(saisonalPatternMultiplier) CONTRACT AT MARKET
ENDIF
ELSIF saisonalPatternMultiplier <> 0 THEN
IF (COUNTOFPOSITION + positionSize) <= maxPositionSizeLong THEN
SELLSHORT positionSize CONTRACT AT MARKET
ENDIF
ENDIF
stopLoss = stopLossShort
takeProfit = takeProfitShort
ENDIF
// stop and profit management
posProfit = (((close - positionprice) * pointvalue) * countofposition) / pipsize
m1 = posProfit > 0 AND (BarIndex - TradeIndex) >= maxCandlesLongWithProfit
m2 = posProfit > 0 AND (BarIndex - TradeIndex) >= maxCandlesShortWithProfit
m3 = posProfit < 0 AND (BarIndex - TradeIndex) >= maxCandlesLongWithoutProfit
m4 = posProfit < 0 AND (BarIndex - TradeIndex) >= maxCandlesShortWithoutProfit
IF LONGONMARKET AND (m1 OR m3) THEN
SELL AT MARKET
ENDIF
IF SHORTONMARKET AND (m2 OR m4) THEN
EXITSHORT AT MARKET
ENDIF
SET STOP %LOSS stopLoss
SET TARGET %PROFIT takeProfit
ENDIF
End part matches yours at least… Choppy ride. I will take a look at the weekend further.
Thanks Cosmic1, long trades are good, short trades are bad, next step is to sort out the weak short conditions, I asume that weekly high/low and daily high are not realy working with oil
perfect. Also this version will look. do you think it’s OK to Wallstreet and FTSE 100? after oil might be useful for a gold system. I hope that your great work is rewarded.
Grazie.
miguel
Miguel, FTSE and DOW is almost ready for V4, I will release it soon. Gold and silver are on my agenda as well. This weekend is sunny weather here in Frankfurt and my family have requested some outdoor activities, so my time is limited on this weekend 🙂
y’re the best. I Will send you My tradizional christmas sweets of puglia. . promised. good wekend.
Miguel
I adapted Pathfinder V4 on FTSE and DOW. Due every index has it’s own “heartbeat” minor adjustments were necessary. Please be aware that this is an optimized view to historic data. Please check the position size and the related drawdown and adjust it to your own risk.
Pathfinder FTSE V4
// Pathfinder Trading System based on ProRealTime 10.2
// Breakout system triggered by previous daily, weekly and monthly high/low crossings with smart position management
// Version 4
// Instrument: FTSE mini 4H, 9-22 CET, 2 points spread, account size 10.000 Euro
// ProOrder code parameter
DEFPARAM CUMULATEORDERS = true // cumulate orders if not turned off
DEFPARAM PRELOADBARS = 10000
// define intraday trading window
ONCE startTime = 90000
ONCE endTime = 220000
// define instrument signalline with help of multiple smoothed averages
ONCE periodFirstMA = 5
ONCE periodSecondMA = 10
ONCE periodThirdMA = 7
// define filter parameter
ONCE periodLongMA = 200
ONCE periodShortMA = 10
// define position and money management parameter
ONCE positionSize = 1
ONCE maxPositionSizeLong = 15
ONCE maxPositionSizeShort = 10
ONCE stopLossLong = 5.25 // in %
ONCE stopLossShort = 2.5 // in %
ONCE takeProfitLong = 3 // in %
ONCE takeProfitShort = 2 // in %
ONCE maxCandlesLongWithProfit = 25 // take long profit latest after 25 candles
ONCE maxCandlesShortWithProfit = 13 // take short profit latest after 13 candles
ONCE maxCandlesLongWithoutProfit = 40 // limit long loss latest after 40 candles
ONCE maxCandlesShortWithoutProfit = 25 // limit short loss latest after 25 candles
// define saisonal position multiplier >0 - long / <0 - short
ONCE January = 3
ONCE February = 3
ONCE March = 3
ONCE April = 2
ONCE May = 2
ONCE June = 2
ONCE July = 3
ONCE August = 2
ONCE September = -3
ONCE October = 2
ONCE November = 3
ONCE December = 3
// calculate daily high/low
dailyHigh = DHigh(1)
dailyLow = DLow(1)
// calculate weekly high/low
If DayOfWeek < DayOfWeek[1] then
weeklyHigh = Highest[BarIndex - lastWeekBarIndex](dailyHigh)
lastWeekBarIndex = BarIndex
ENDIF
// calculate monthly high/low
If Month <> Month[1] then
monthlyHigh = Highest[BarIndex - lastMonthBarIndex](dailyHigh)
monthlyLow = Lowest[BarIndex - lastMonthBarIndex](dailyLow)
lastMonthBarIndex = BarIndex
ENDIF
// calculate instrument signalline with multiple smoothed averages
firstMA = WilderAverage[periodFirstMA](close)
secondMA = TimeSeriesAverage[periodSecondMA](firstMA)
signalline = TimeSeriesAverage[periodThirdMA](secondMA)
// trade only in defined trading window
IF Time >= startTime AND Time <= endTime THEN
// filter criteria because not every breakout is profitable
f1 = close > Average[periodLongMA](close)
f2 = close < Average[periodLongMA](close)
f3 = close > Average[periodShortMA](close)
// saisonal pattern
IF CurrentMonth = 1 THEN
saisonalPatternMultiplier = January
ELSIF CurrentMonth = 2 THEN
saisonalPatternMultiplier = February
ELSIF CurrentMonth = 3 THEN
saisonalPatternMultiplier = March
ELSIF CurrentMonth = 4 THEN
saisonalPatternMultiplier = April
ELSIF CurrentMonth = 5 THEN
saisonalPatternMultiplier = May
ELSIF CurrentMonth = 6 THEN
saisonalPatternMultiplier = June
ELSIF CurrentMonth = 7 THEN
saisonalPatternMultiplier = July
ELSIF CurrentMonth = 8 THEN
saisonalPatternMultiplier = August
ELSIF CurrentMonth = 9 THEN
saisonalPatternMultiplier = September
ELSIF CurrentMonth = 10 THEN
saisonalPatternMultiplier = October
ELSIF CurrentMonth = 11 THEN
saisonalPatternMultiplier = November
ELSIF CurrentMonth = 12 THEN
saisonalPatternMultiplier = December
ENDIF
// long position conditions
l1 = signalline CROSSES OVER monthlyHigh
l2 = signalline CROSSES OVER weeklyHigh
l3 = signalline CROSSES OVER dailyHigh
l4 = signalline CROSSES OVER monthlyLow
// short position conditions
s1 = signalline CROSSES UNDER monthlyHigh
s2 = signalline CROSSES UNDER dailyLow
// long entry
IF ( l1 OR l4 OR l2 OR (l3 AND f2) ) THEN // cumulate orders for long trades
IF saisonalPatternMultiplier > 0 THEN // check saisonal booster setup and max position size
IF (COUNTOFPOSITION + (positionSize * saisonalPatternMultiplier)) <= maxPositionSizeLong THEN
BUY positionSize * saisonalPatternMultiplier CONTRACT AT MARKET
ENDIF
ELSIF saisonalPatternMultiplier <> 0 THEN
IF (COUNTOFPOSITION + positionSize) <= maxPositionSizeLong THEN
BUY positionSize CONTRACT AT MARKET
ENDIF
ENDIF
stopLoss = stopLossLong
takeProfit = takeProfitLong
ENDIF
// short entry
IF NOT SHORTONMARKET AND ( (s1 AND f3) OR (s2 AND f1) ) THEN // no cumulation for short trades
IF saisonalPatternMultiplier < 0 THEN // check saisonal booster setup and max position size
IF (COUNTOFPOSITION + (positionSize * ABS(saisonalPatternMultiplier))) <= maxPositionSizeShort THEN
SELLSHORT positionSize * ABS(saisonalPatternMultiplier) CONTRACT AT MARKET
ENDIF
ELSIF saisonalPatternMultiplier <> 0 THEN
IF (COUNTOFPOSITION + positionSize) <= maxPositionSizeLong THEN
SELLSHORT positionSize CONTRACT AT MARKET
ENDIF
ENDIF
stopLoss = stopLossShort
takeProfit = takeProfitShort
ENDIF
// stop and profit management
posProfit = (((close - positionprice) * pointvalue) * countofposition) / pipsize
m1 = posProfit > 0 AND (BarIndex - TradeIndex) >= maxCandlesLongWithProfit
m2 = posProfit > 0 AND (BarIndex - TradeIndex) >= maxCandlesShortWithProfit
m3 = posProfit < 0 AND (BarIndex - TradeIndex) >= maxCandlesLongWithoutProfit
m4 = posProfit < 0 AND (BarIndex - TradeIndex) >= maxCandlesShortWithoutProfit
IF LONGONMARKET AND (m1 OR m3) THEN
SELL AT MARKET
ENDIF
IF SHORTONMARKET AND (m2 OR m4) THEN
EXITSHORT AT MARKET
ENDIF
SET STOP %LOSS stopLoss
SET TARGET %PROFIT takeProfit
ENDIF
