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
Related users ' posts
tba69 The strategy has been "optimized" with a low success rate but with a high ratio.
tba69 I'm on Paris timezone.
frenqle I changed stoploss to 15 and profit to 90. looks good on the 1 minute, but i can not backtes...
TempusFugit Interesting idea and with a lot of room for improvement.... maybe a trailing stop? Thanks fo...
xpiga I don't know I suppose you can attach the picture... Any new ideas to improve the code are ...
TempusFugit Sorry but I don´t see any option to attach the picture here... not sure but I think that´s...
rama Trailing stop wont work, will keep moving with price
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 There has been a minor bug fix as lines were drawn incorrectly if both HH or both LL values ...
dario ti Excellent, i was looking for something like that, but could be great if you add the option t...
DaxRider Thank U for ur sharing Vonasi
dario ti Thank you!
Razz Hello Vonasi super indicator! is it possible to extend the indicator by the time scales M10 ...
Razz Hello Vonasi I found out myself how I can change it. Thanks again for the indicator
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, ..
sharksteven Hi BALMORA, looks like a good compliment algorithm. I tried to test it on the EUR USD but it...
kompiuter Hello, how did you optimized all these variable? If I try to optimize only two variables it...
rrenaud_ig Great work ! My only concern is about risk management. Your results are based on 10k. Max lo...
Tony87 on 200k test in the red untill 2017 then strong green
LancerX Please indicate the trade stat to show ave gain against average lost..
Jan Wind Thanks for sharing the strategy !. Did you do an Out of Sample run when testing on the 100k...
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.
avatar
unkown ;-) sfido chiunque a riuscirci!
avatar
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...
Paul in ProOrder support, at the bottom
Maik2404 wie kann ich den Code bekommen Paul?
jens_kittner Works with US Crude at 1h as well!
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
Vangotten Muy buen indicador

Top