Blue Monday DAX

Category: Strategies By: Reiner Created: May 22, 2016, 11:58 AM
May 22, 2016, 11:58 AM
Strategies
19 Comments

Hi guys,

here is another DAX trading idea. It is very simple and generates only few trades but it seems very profitable if it happens.
Have fun
Reiner

// Blue Monday DAX

// Code-Parameter
DEFPARAM FlatAfter = 095500

// trading window
ONCE BuyTime = 85500
ONCE SellTime = 95500

ONCE CloseDiff = 50

ONCE PositionSize = 25
ONCE sl = 50

// Long all in, if it's Monday and the market is 50 points higher
IF Not LongOnMarket AND Time = BuyTime AND (CurrentDayOfWeek = 1) THEN
Diff = close - DClose(1)
IF Diff > CloseDiff THEN
BUY PositionSize CONTRACT AT MARKET
ENDIF
ENDIF

// exit position
IF LongOnMarket AND Time = SellTime THEN
SELL AT MARKET
ENDIF

// stop
SET STOP pLOSS sl

 

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Filename: Blue-Monday-Dax.itf
Downloads: 408
Reiner Veteran
Developer by day, aspiring writer by night. Still compiling my bio... Error 404: presentation not found.
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