This is a strategy who takes only short positions on EUR/USD
TimeFrame M15 Test made with spread = 1 pip and n = 7 mini lot of $1
Test, Improve and Enjoy it !!
Happy to have your returns.
Balmora
// PAC MAN STRATEGY - PIP HUNTER
// SHORT EUR USD (M15)
// SPREAD = 1 PIP
DEFPARAM CumulateOrders = false
DEFPARAM Preloadbars = 4000
N = 7 //MINI LOT $1
Cv1 = (close < Average[100]) and (Average[50] < Average[50](close[1]))
Cv2 = RSI[14](close) <= 28
Cv3 = STD[10](close) >= 10.93 * pipsize
Cv4 = close <= BollingerDown[13](close[2])
OKSHORT = cv1 and cv2 and Cv3 and Cv4
IF OKSHORT then
Sellshort n CONTRACT at market
SET STOP pLOSS 52
SET TARGET PPROFIT 25
ENDIF
HI Balbora ,
congrats for the code , seems simple and good …
IF you have time , try to set up: TP 11 and SL 52 in 200 kb test ..
Thanks
Hi JR 1976,
Results are worst with SL 52 / TP 11 / 200 kb backtest.
Balmora
Tweacked a bit…and reduced to 1 lot.
This is what I got.
Anyone can beat it ? Let’s GO !
Thanks Inertia. Excellent !
Do you use a trailing stop ?
Can you share the code and modifications please ?
There you go.
Anyone would have a “not too bad” EUR/USD Long strategy to play with ??
// PAC MAN STRATEGY - PIP HUNTER
// SHORT EUR USD (M15)
// SPREAD = 1 PIP
DEFPARAM CumulateOrders = False
DEFPARAM Preloadbars = 6000
N = 1 //MINI LOT $1
Cv1 = (close < Average[100]) and (Average[50] < Average[50](close[1]))
Cv2 = RSI[14](close) < 28
Cv3 = STD[10](close) >= 10.93 * pipsize
Cv4 = close <= BollingerDown[13](close[2])
indicator1 = ExponentialAverage[5000](close)
c1 = (close > indicator1)
OKSHORT = cv1 and cv2 and cv3 and Cv4 and c1
IF OKSHORT then
Sellshort n CONTRACT at market
endif
startBreakeven = 9
PointsToKeep = 1
IF SHORTONMARKET AND (tradeprice(1) - close) >= (startBreakeven * pipsize) THEN
breakevenLevel = tradeprice(1) + (PointsToKeep * pipsize)
IF breakevenLevel > 0 THEN
EXITSHORT AT breakevenLevel STOP
ENDIF
ENDIF
SET STOP pLOSS 48
SET TARGET ppROFIT 12
Thanks a lot.
I see a vert strange thing on the equity curve.
On the period from May 2014 to May 2015, the algorithm don’t take any position while we have a big and long short movement on Eur / Usd.
Strange isn’t it ?
Well, that is the EMA that act like a filter…Yeah, nothing is always perfect 🙁
indicator1 = ExponentialAverage[5000](close)
c1 = (close > indicator1)
This is what keeps it from taking trades during the big downwards movement in 2014-15
With and without filter.
Which one you would prefer working with ?
I guess you optimized this code on 100% of your data, dont u think its curve fitted? How does a walk forward result look?
I’ve added the latest version to the Link Library, row 24 here Snippet Link Library
More than a Snippet I know, but as I can follow all the code (without having to try and visualise what the eff is going on! 🙂 ) I felt it would be useful to others.
Hello Balmora
Can you explain your number choice of 10,93 for :
Cv3 = STD[10](close) >= 10.93 * pipsize
Thks.
Tof
I choose 10.93 after a optimisation backtest with Walk Forward.
Yea im also a bit skeptical, it seems like its been optimized on 100% of the data and is curvefitted. Would definitly run in demo in a few months before running it live.
Also i removed a rule here and there to see what would happen and the results are strange.. also there is no exit. Thats a red flag for me. I feel like using Profit target + stop loss as the only exit is not good enough. Maybe thats just me tho 🙂 If u got a better exit with it, then ur probably going to see bigger profits. Im also negative to 90%~ winrate strategies because they usually (this included) require a stop loss 3-5x higher then the target. Meaning if winrate would start to drop your gonna start bleeding money very fast.
I would still consider myself a rookie here tho, and im mainly a trend follower, meaning im biased as hell 🙂
