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 #

    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

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

    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?

Register or


avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar
Related users ' posts
Makabro Hola Nicolas,tengo un problema cuando importo el .itf pone que esta instalado correctamente,...
Nicolas añadirlo al precio
JvdG Hi, nice piece of work, using atan. My question: MMA is constituted by the 10 most recent b...
Balmora74 Hi Jerke and thanks for your return. I choose the values because they gave me the best equit...
Dymjohn Great work I've changed the trade quantity to reflect whether price is above or below the 20...
discomusic Hi GraHal! Thanks for the suggestion: I have just created this thread: https://www.prorealco...
Davide Bramerini it is really good ?
Davide Bramerini is really good for the cac 40
Vonasi There is another version of this indicator that can plot the same lines but onto an indicato...
Martin35 Hello Vonasi, do you think it is possible with PRT to code with the same principle as on thi...
abhay I am getting a shading between the lines, how can I avoid that. I just want to see lines as ...
Vonasi Delete the 'Color Zone' in the indicator settings window.
Francesco78 derschnee spiace a me che non riesci a replicarla. Prima di esprimere giudizi pensaci 2 volte.
unkown ;-) sfido chiunque a riuscirci!
unkown infatti basta leggere i post degli altri....
hartgeld Hallo Atxeel, sehr interessanter Code, habe das installiert und funktioniert. Danke! Kannst ...
atxeel Hallo hartgeld, die Ziele sind schlicht, bspw. die Range beträgt 10 Punkte, dann ist das Zie...
PastaPesto Paul, Im sorry but where do I open a topic?
Paul in ProOrder support, at the bottom
Maik2404 wie kann ich den Code bekommen Paul?
Nicolas Bene, perché no, trovi che sia affidabile a lungo termine?
Billy Ray Valentine Non saprei, che ne dici di provare?
Steffen Schmauch hello Nicolas, can I change the indicator that I only get the time of 8-9 clock displayed? a...
rama This is one of best indicator to trade any time frame
Madrosat Is this indicator as it is , useful in strategy automatic
Paul updates are posted in topic below
eugenio buongiorno paolo , volevo farti i complimenti x il lavoro fatto , funziona molto bene sul 3 ...
Modes68 muy buena estrategia, gracias por compartirla thank yoy for your estrategy, I like me
Nicolas Add the ZigZag indicator on the chart, and with the same percent setting as this indicator.
Kris75 Hello Nicolas, Il semble que la variable DaysBefore fasse planter la représentation graphiq...
Nicolas Peut-être à cause du manque d'historique. Celle-ci est utile pour limiter la quantité de ret...
8 months ago
Bebbo Thank you for your contribution. I have tested your system on some instruments and I like i...
Nicolas Thank you Xusto. Thank you a lot for your contribution :) Since your code is a Pathfinder'...
Xusto Hello, Fully Agree, I will update it with your advice. Btw Can would you like share you co...
Niklas johansson hägglund do you now if it's possible to use this strategy with this code in tradingview also?
Gianluca ok i fixed it i hope is ok like this: //TAC trader zone 10.2 | indicator //01.01.2018 //R...
TAC Bolsa Hello try this new version or view the blog with the new indicators .. https://www.t...
TAC Bolsa Sorry, TAC Trader Zone V2
Petersson Kristian Hi when I do back test I get 0 results, what do I do wrong? Trade Well Chris
JohnScher Yes i did before, see library/strategys/repulse and dpo
JohnScher Don't know what you're doing wrong. Import ITF and observe time zone settings. This should...
osupero posiciones largas por ahora
JanWd Hey Doctrading, I tried your code, optimising the A and V and the RSI period, see below. ...
Glen Marquis This will work as there is plenty of room for the Target before the Stop, yet the Stop would...
magicT I did a copy and paste of this code and PRT 10.3 returns a synthax mistake: OneTradePerD...
FULVIO09 Attualmente non c'è sufficiente volatilità : la condizione "C0 = AverageTrueRange[1500](Clos...
vlongobardo67 Ma io intendevo in backtest ! Scusa non l’ho menzionato.
ciniselloftse salve fulvio .il trading sistem e sempre profittevole?