Big Line Strategy

Big Line Strategy

a Big Line Strategy

Just played around with the idea to enter a trade around a big line because it could have more potential. I focussed on the DAX.

  • dax 5 minutes
  • 200k bars
  • spread 1
  • stoploss 1, trailing stop 1.5, profit target 2.5
  • trading times 9-18h
  • keeps positions overnight, but closes at Friday 18h

One extra criteria was needed and it looks back at high/low max 2 days

Included is a Big Line indicator which should be added to the price-chart. This makes sure you set the correct lines. The values can be used then in the strategy.

tip: in the price-chart, set settings on : vertical autoscaling; use price only

M=100 F=100 causes the DAX  to enter around the 100 lines if criteria are met.

If you set M=100 and F=50 it enters on the 50 lines. By adjusting it should be flexible for other markets. It’s not meant to optimise.

Optional is the Big Line Indicator EC for the price chart. It shows visually the extra criteria.

 

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. MARCO111 • 12/06/2017 #

    Hello, when I enter the code, it responds that I have to change the variables and the system does not start

  2. Ludde500 • 12/06/2017 #

    Dosen’t work “Modifiy your code for automatic trading”

  3. noisette • 12/06/2017 #

    Thank you Paul. We perhaps have try if it is more efficient with only 1 trade/day for each level.

  4. raphaelopilski • 12/06/2017 #

    there is a problem with the %trailing stop. Doesn´t work in ProOrder.

  5. Paul • 12/06/2017 #

    Please remove the parameters and set values M and F to 100 in this code.
    In the code add manually a trailing stop posted in the library. My purpose was for backtesting first.
    @noisette. Thnx for the idea! I will have a quick test. Right now it has too many trades, but it’s a good platform to build on.
    I have some ideas how to proceed to reduce those but more idea’s are welcome !
    ps. To get a complete result including January 2015. Set timeframe for i.e. 10 minutes and switch back to 5min. January is now included which makes long and short gains more equal and profitable.

  6. MARCO111 • 12/06/2017 #

    Hi Poul, it still does not work. Can you post the correct code again?

  7. Yannick • 12/06/2017 #

    Hello
    There is a mistake in trailing stop code, I think that this should fix the problem
    sl=1 // % stoploss
    ts=1.5 // % trailing stop
    pt=2.5 // % profit target
    tsconvert=ts*close/100

    // build-in exit
    SET STOP %LOSS sl
    SET STOP TRAILING tsconvert // trailing % doesn’t work , value must be written in points
    SET TARGET %PROFIT pt

    I will run in demo

  8. Paul • 12/06/2017 #

    About the trailing-stop the way it’s coded. That works for backtesting only, just look at the chart and the detailed rapport, tap “order list”. It says for some closed positions “trailing”.

  9. Jonny • 12/06/2017 #

    sorry paul, but system says that is not possible to put many stop order combined…what have to do?
    thanks

avatar
Register or

Likes

avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar
Related users ' posts
swedshare You got some potential here. A couple of things I think about: 1, The opening hours in this...
phoentzs Ich habe hier mit Spread 2 gerechnet, also etwa dem Mittelwert zwischen Tag und Nacht. Das G...
phoentzs Hab festgestellt, das US500 fast noch besser funktioniert als der Dax. Was aber auch daran l...
Bhanu Pratap Great Work Sir, Hats Off.
Jan Wind Thanks for sharing ! The Gain/Loss ratio is a bit low, 1,16, hardly offset the risks take...
drive whats the period ?
JohnScher I'm sorry, I specialized in the Dax. I'm sure the basic idea of the strategy also works in t...
ALZ Hi Regarding the DAX, it's good too with 200k bars (with parameters of the basic idea) F...
Crystal Babe Hi John, this strategy is Great for DJI -justneededa bitof tweaking for the 1 hr chart. Tha...
cedric croze a premiere vue la chaine youtube n'éxiste plus
Tradingrob Hi all, nice indicator, only i dont get the 'trendindicator' with the colorfull stripes work...
scarphace38 Bonsoir, je découvre PRT et je n'arrive pas a afficher le meme résultat pour l'indicateur de...
Bard Very interesting approach Vonasi! I'm getting a 404 error when trying to download though?
Vonasi I just tested and I was able to download with no error.
Psari Hi Vonasi, I am a newbie and was wondering whether you could possibly help me with this pro...
alfcont Is this trading system generating profit on micro DAX future?
frenqle can i put a completely different strategy under this strategy in the same code? or do i have...
robertogozzi You can read this topic (https://www.prorealcode.com/topic/multiple-strategies-within-one-tr...
GraHal Is there a switch to start / stop the Trailing SL / TP as when I GRAPH SL & TP neither a...
robertogozzi No GraHal, there's no topic open. It would be great if you could start one and post that lin...
GraHal Discussion Topic started here ... https://www.prorealcode.com/topic/discussion-re-auto-sy...
Gubben Since july 24th it's doing well. Started with a longer drawdown than expected but now it's 1...
Tony87 Gubben do we have a progress report?
Gubben So far so good. After a long drawdown it was winning four times in five weeks. Since 24 jul...
TempusFugit Interesting idea and with a lot of room for improvement.... maybe a trailing stop? Thanks fo...
Jan Wind Unglaubich das dieser Strategie Gewinne generiert ! Es erschient leider nicht so gleichmaßi...
ALZ Hello, currently, I don't have the same result as above and don't no if it works good in...
JJ Tec Hola. Me gustaría contactar contigo para ver la estrategia..
nilsla1981 Has someone already tested in real ?
Alberto Aguilera Hi! Thanks for your strategy Anyone can check it with 200 bars?
Vonasi Change line 76 to if opendayofweek opendayofweek[1] and opendayofweek 0 then if ...
Vonasi I just noticed that the above post makes no sense as the symbols have been removed. Here in ...
Vonasi It is possible but I will need to reread the code and remind myself how it works as I coded ...
Giogio hello dear Vonasi, thank you for your indicator, can I ask you for some help in order to let...
Pottar24 HI Vonasi I would like to know how can this algorithm give me the value of the last max e mi...
Razz Hello Vonasi I found out myself how I can change it. Thanks again for the indicator
Pottar24 HI Razz can you tell how you managed to do it ?
Pottar24 VONAZI super indicator thank you. Can you provide me a code that gives me the two latest max...
Balmora74 Thanks for this code but there is 4 different versions and i don't know wich is the good one ?
Vonasi I don't understand. There is only one ITF file here not four. Download and import it. You mi...
Balmora74 Ok i understand now... I make a confusion with a other code... Thanks Vonasi.
Nicolas That's not possible because the code uses ZigZag instruction from the platform which is not ...
MrMUCKIE Thanks Nicolas. Do you have any idea of how I could generate support/resistance figures for ...
Nicolas Try fractals, swing high/low points, donchian channel, ..

Top