ALEX AutoTradingBot INDEX

ALEX AutoTradingBot INDEX

This strategy was explained at The Forex Day in Madrid by Lex Smirnoff in 2015. I’m Adolfo so, A-LEX will be a beautiful name for it! :-). Is explained to trade it in GBP/USD in 1 hour chart.
Since I <3 indexes like DAX or DOW couln’d wait to test it. Since March I’m doing discretionary trading on both markets in a real account, with profitable results (38,12%), first trades were made with 7% risk per trade, but I’ll no longer recommend it for you or anyone, it’s crazy!

A lot of entrance were missed by my fault, just wondering about if it’s a good moment or not…. will keep rising? or not? Low confidence took me here, and finally I can share it with you, is already automated. Enjoy it!

Requirements

.ITF file: ALEX ATB Indicator Signal (Click and get it)

Indicator code:

Recomendations

3000 € / $ and max risk of 2% per trade.

Indicators

How it works

Firstly, is a simple trend following system.

Look for a fast price move in whatever direction, this movement must be longer than 45 pips from last touch with Ema8, and then a retracement touching Ema8 will fill our limit order and join the trend.

Fixed Stop ploss and target pprofit give us unreal vision of the strategy in the backtest. However I’ll keep trading it since is profitable for me since March, not as good as backtest results shows, of course… but very interesting… 😉

Why not?

CODE

Best trading ever, Adolfo.

Share this

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

New! PRC is also now on YouTube, subscribe to our channel for exclusive content and tutorials

  1. DonDollar • 226 days ago #

    @joshali,

    I tested the system with the 10.3 and the tick mode in the 3h timeframe for the DAX30 and the result was…I lost 2,45% and a win ratio of 0,8. I tested with the maximum of the 500 units you can use. 

    @Nicolas: could you please run the same test with the same settings to see if there is something wrong.

    BTW: without tick-by-tick it would be marvelous !!!

    • Joachim Nilsson • 224 days ago #

      Hey! 

      Would you be able to test in the 15m timeframe?

    • Joachim Nilsson • 224 days ago #

      … and maybe this code adjusted for 5m in 5m timeframe?

      defparam cumulateorders=false
      defparam preloadbars=8
      defparam flatbefore=090000
      defparam flatafter=213000
      
      mycompra, myventa = CALL "ALEX ATB Indicator"
      ema=ExponentialAverage[24](close)
      advance=abs(round(ema-ema[3]))
      mylot= 1
      //(((Strategyprofit+3000)*0.02)/30)
      
      if not longonmarket and Momentum[10](close)>0 and mycompra=1 then
      BuyPrice = ema+advance
      buy mylot contract at BuyPrice limit
      endif
      
      if not shortonmarket and Momentum[10](close)<0 and myventa=-1 then
      SellPrice = ema-advance
      sellshort mylot contract at sellprice limit
      
      endif
      set stop ploss 40
      set target pprofit 25
      

       

  2. wanjpt • 224 days ago #

    hi, thanks Adolfo for this code.. is there anyone who has been trading this live? I started this week after few adjustment .. will let you guys know how it goes..

    • Alco • 224 days ago #

      Hi wanjpt,

      I did a lot of backtests with different tf’s but when you look at the “0” bars it is not reliable enough. Did you make some adjustements to avoid 0 bars?

  3. wanjpt • 222 days ago #

    Hi Alco,

    Sorry for late reply, I had error message and tried  the objectivo on 45, 39 and 40 but still having the error..wonder if there is anyone who has found  a way to resolve this.

  4. wanjpt • 222 days ago #

    Hi Finplus is your live account working out ok?

  5. finplus • 222 days ago #

    Hi Wanjpt, I tried once only on AUD / USD in november 2016 during one day. No position has been taken on my live account (IG). The issue is that when I came back home, I have backtested the strategy and one position has been taken. I do not understand this difference.

  6. finplus • 222 days ago #

    The backtest of the code works perfectly with 1 hour timeframe.

  7. CN • 197 days ago #

    Anyone got a correct code for the setup?
    Used Minihax code with mixed results… Anyone that can vouch for a setup that works live fairly good?

    /CN

  8. morgan89 • 186 days ago #

    Bonjour,

    Quelqu’un a-t-il réussi a avoir de bons résultats avec cette stratégie en backtestant en tick par tick ?

    Si oui, sur quelle unité de temps avec quel support (Dax, Cac, Forex, …) ?

    Merci

  9. finplus • 183 days ago #

    Bonjour, j’ai retesté hier sur la paire AUD/USD timeframe 1 heure sur mon compte réel chez IG: aucune position n’a été prise. Pourtant, ce matin, en effectuant un back test, le résultat indique qu’une position longue a été initiée à 17h puis clôturée sur la même heure avec un gain de 26 pips. Même constat qu’un de mes posts précédents. je ne sais pas à quoi cela est dû. Dommage car en back test, les résultats sont excellents. Si j’ai un peu de temps, je vais essayer de décortiquer la stratégie “pas à pas”. Bonne journée.

  10. finplus • 182 days ago #

    Bonsoir, j’ai de nouveau aujourd’hui lancé la stratégie en réel sur mon compte IG sur la paire AUD USD time frame 1 heure. Aucune position de prise. Pourtant je viens de backtester la stratégie et là deux opérations ont été effectuées (un long et un court). Je ne comprends pas ce qui se passe.

  11. AleX • 163 days ago #

    0 improvments, I tried a lot of modified version but no one was working. I think that only with a martingala this system can be good with a lot of risk. 

  12. Fabio Anthony Terrenzio • 129 days ago #

    this strategy works only in a well defined trend

  13. brosly • 66 days ago #

    Good afternoon I am trying to get the complete code of lex strategy made by adolfo since I see here does not work for me. I thank you in advance.

    Buenas tardes estoy intentando conseguir el codigo completo de la estrategia de lex realizada por adolfo ya que veo por aqui no me funciona. Os doy las gracias de antemano.

     

  14. dreif123 • 48 days ago #

    hi Adolfo,

    is Alex Auto Trading Botindex working on DAX as well ?

    if so , can you post the full code? thx for the support  !

avatar
Register or

Likes

avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar

+42 more likes

Related users ' posts
gabri Franz, can this code work for you? count=1 i=0 j=i+1 tot=0 //calcolo 3 barre while co...
Francesco78 Hi, can you show at least one strategy that works well with this indicator? The idea is nic...
gabri Francesco, I just tried to code an idea from Maximus 78 (https://www.prorealcode.com/topic/...
manel Hi - have come across a difference here in the calculation of the indicator. It's meant to r...
Nicolas I don't know, the code of this indicator is one from another platform, not the Three Line Br...
manel Ok, many thanks. I've tried messing around with the code myself but am no closer to solving ...
gabri GraHaL, I cannot see any link attached. I mostly manual trade but for stocks with strong fi...
GraHal Yes sorry, I set up a link to a screen shot on my google drive and then I got locked into th...
gabri Here's the thread https://www.prorealcode.com/topic/multiframe-rsi-of-rsi/
CKW Thanks Pier! Excellent! I add the SL capped at 0.8% for safety purpose. The Backtest perfor...
JR1976 Dear Pier ,  your screenshot which rappresent the backtest , is since dec 2009 , but the eq...
CKW Dear Pier, Does it work on forex?
supertiti Felicidades Laurenzo d'avoir pris le temps pour ce gros travail et en plus dans l'esprit du ...
gatarayihajp Hello,  It's very interesting indicator. Could you explain more about it? Thank a lot
Wing The system trades 1 to 3 contracts, and 5 under extreme circumstances. If trading the DAX 1 ...
Stefanb Wing Can i find you on Twitter?
Toto le Heros Hi Wing, Your code looks quite interresting. I was wondering if you could develop a bit mo...
Nicolas Thanks for sharing your automated trading strategy idea. Even if you accumulate loosing orde...
Maz Ok. Potential here to build onto this. Have opened a forum thread for further discussion: h...
Tedvin Nice one, thanks a lot Maz :)
victormork Thanks Man!!
MtraderWD40 Many thanks for sharing this, simple but a great indicator. Used it successfully for visual ...
David Balance thanks for sharing this excellent indicator.  Here are some thoughts.  please ad...
ALE
2 months ago
CSR strategy DAX 1 D
CSR strategy DAX 1 D
12
Strategies
ALE Hello GuysI'm trying to fix a problem that I missed during the probacktest, I update you as ...
Nicolas The code has been updated in the attachment of the post with the last version which contain ...
ALE Thanks as always Nicolas
reb Hello Marc your strat seems very intersting, will take a look Reb
897148 What exactly is meant by Total price? Is r1 =28 in your example the no of days for "Total P...
otty82  THX looks good!
century nice one , thank you
supertiti Il manque 2 slash devant len dans le code dur car la variable ne marche pas bonne journée
juanj Also change the ATR multiplier to 2 instead of 3. Slightly better drawdown.
GraHal I started he thread below as I get the results shown on image below. Please help on the Foru...
imokdesign Hi Everybody, when I look at the strategy I felt the need to implement a Moneymanagement-Sy...
Francesco78 Hi Keemax, I dont have it on real at the moment, in any case the strategy is very long term ...
Francesco78 I did a little bit of work on that and now the results looks better and more stable. Please...
Francesco78 I did a little bit of work on that and now the results looks better and more stable. Please...
Marius Hi Nicolas,   thanks you for you valuable input. I am relatively news to PRT and I wo...
Nicolas This is question that should be posted on forum, it's general purpose and it is not related ...
Frankiesc Thanks Nicolas for sharing this indicator, it's interesting
ade1 Hullo Nicolas, when i put the indicator on my chart ,it comes as an indicator below the cha...
Nicolas Apply it on price instead with the wrench on the upper left side of the price chart.
ade1 thankyou
Francesco78 Hi Juan Salas and thank you very much for your undeserved compliments. I'm not sure if I un...
Juan Salas Hi Francesco, Yes, this is pretty much the question. The system ask me a number of contract...
Francesco78 ok sounds good, you can put min size = 1 and go for the seasonable breakout too, also you ca...
bjoern Added a range filter for entering positions. Performance seems to be much better, even with ...
Nicolas Thanks!
victormork btw this strategy has an edge on Bund 1h as well

Top