FTSE Italian index MIB goes on at night

FTSE Italian index MIB goes on at night

This system is really simple:
if it is 17:30 (closing market) buy at market, sell next day at 9:15 (shortly after it opened) :

It should be tested with calculated overnight fees though, for a better comparison with real time trades.

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. Andres • 04/15/2016 #

    What original and simple idea. I like it!
    Thanks for sharing.
    Andrés.
     

  2. gianlox • 04/15/2016 #

    This system is just a basic idea, it should be implemented with filters, I’m sure you can improve ! 

  3. Andres • 04/15/2016 #

    Yes, of course, but many times we are thinking in complicated indicators and it’s wonderfull to see simple ideas that works. 
    Six code lines. Great.

  4. gianpiero • 04/15/2016 #

    I tried the system but does not work, it does not open positions, in any market
    so I tried to change it so, for testint it only on the US market
    // Condizioni per entrata long
    IF NOT OnMarket and time>210000 THEN
    BUY 1 CONTRACTS AT MARKET
    ENDIF

    // Condizioni per uscire da posizioni long
    If LongOnMarket AND time>091500 THEN
    SELL 1 CONTRACT AT MARKET
    ENDIF

    set target pprofit 40

    the result is that the system open positions only on Sunday to close on Monday …. I use IG account, and i do not understand what the problem is

    • Nicolas • 04/15/2016 #

      Because the system must test time of the present candle, this strategy needs to be traded on intraday timeframe. So i believe you have tested it in daily one maybe?

  5. gianlox • 04/15/2016 #

    you must have a subscription to view intraday bars, then you put it with graphics of 15min
    entry time to be 17:30 (not 21:00), remove the target profit.

  6. gianpiero • 04/15/2016 #

    ok thanks to both, now works fine…

  7. giulomb • 04/15/2016 #

    Bravo Andrea Unger

  8. gianlox • 04/15/2016 #

    Questa è un idea che ho trovato su un articolo in una rivista e l’ho condivisa scrivendola con PRT. Spero che se hai qualcosa di interessante anche tu possa condivederlo in questo forum. 

  9. giulomb • 04/15/2016 #

    Quanto e’ l’ average trade di questa strategia ? Se metti commissioni e slippage vai in perdita .
     

  10. gianlox • 04/15/2016 #

    ciao giulomb,
    leggi il mio  primo commento in alto.

  11. Doctrading • 04/15/2016 #

    This nice strategy seems regularly profitable before 2010 ; see picture : 
    http://www.doctrading.fr/wp-content/uploads/2016/05/test-FTSE-MIB-night.png
    Strange that it isn’t before.

  12. Doctrading • 04/15/2016 #

    The spread is 20 points by IG markets : 
    http://www.ig.com/fr/conditions-indices
    With this spread, the results are awful :
    http://www.doctrading.fr/wp-content/uploads/2016/05/test-FTSE-MIB-avec-Spread.png
     
    Am I wrong ?

  13. gianlox • 04/15/2016 #

     
    You’re right, it is not good considering the spread… the cfd are too expensive, better to use mini futures I write this is just a starting point for a system.
    But look  the picture, I sent to you by email, is the same motor with my personal filters, i put 15 points of spreads.

  14. Doctrading • 04/15/2016 #

    Yes, nice improvement !
    You should test it with 20 points spread (common spread on IG Markets).What is the filter code ?

  15. bandido • 04/15/2016 #

    Ho provato questa strategia anche sul dax, a causa dell’elevato spread IG sul ftse mib.
    Con un giusto stop loss e take profit sembra essere profittevole, anche se non eccezionale. 
    La testerò su altri indici

  16. gianlox • 04/15/2016 #

    con quale timeframe hai provato sul dax ?

avatar
Register or

Likes

avatar avatar avatar avatar avatar avatar avatar avatar
Related users ' posts
Jan Wind
2 weeks ago
GraHal Works good on DJI on 3 min TF over 100k bars. I optimised the time settings at a 1 hour ste...
Jan Wind GraHal, (very) glad to hear that you found it reasonably working for the DJI ! You could...
allanrobinson Hi Thank you for this. I have replaced the S, M, L and cm with backtested figures in prepar...
Jan Wind fatcat, sorry to hear. Today I did run the code for 100.000 bars (from 17 dec 2017 till 31 ...
GraHal I confirm that I get almost exactly the same (+7 days difference now) results as Jan states ...
Jan Wind A discussion Topic is opened, and can be found at https://www.prorealcode.com/topic/di-tem...
PacoLopez Thanks Balmora74. 100% clear now. Not posible at all with IB Only option by now with IG ...
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...
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...
PastaPesto Thanks Paul for the tips about testing balance. I am actually struggeling with breakeven o...
bluetime6 Hello. Is the Strategy running live with any of you? Are there any results? Are there any d...
PastaPesto Hi Bluetime, I have been running this on a Demo since February. The results still within th...
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....
Nicolas Multicharts? why? Our website is dedicated to programming for ProRealTime: https://www.prore...
bloglo110 Hi Nicolas, great and thanks for letting me know. :)
Jan Wind Thanks for the strategy. I have tried your strategy on the DAX for a time frame of 10 mi...
juanj @zebra would you be so kind as to post your latest 4H USD/JPY results here: https://www.pror...
Holy Grail Thank you juanj for sharing this code, Backtests looks great in USDJPY and Crude Oil Is a...
juanj @Holy Grail, glad you like it. Would you perhaps mind sharing your results here: https://www...
juanj DId some tests using MACD validations on higher timeframes using MTF functionality and unfor...
FREDNC Hi Francesco I tried with :
FREDNC adx[14]>adxmin and adx[14] > adxr[14] and adx[14]>adxmin and adx[14] DIminus[3](clo...
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!
Maik2404 es sind leider nur long Positionen und keine Short zu erkennen.
Maik2404 Vytautas: es bleibt aber nur bei long Auslösungen
ullle73 this one is not a winner, have backtested it on almost all pairs, does not have an edge
Paul updates are posted in topic below https://www.prorealcode.com/topic/dayopen-straddle-for-da...
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
David Somogyi Hi, One year trades since Alpha running. https://imgur.com/a/TCK4kJH Hopefully it w...
Nicolas Thanks for the update David!
sublime06 quelle parametre utilisé vous pour obtenir ces resultat ? merci
kuroobi Parfait , merci beaucoup .
Juan Salas Hi FULVIO09, Nice piece of work. It seems to work very well. Does only work for INDEXES??...
Johann Hi @FULVI09, I understand the instructions however I'm not too sure how to determine the "p...
TraderFelix
11 months ago
Bebbo Thank you for your contribution. I have tested your system on some instruments and I like i...
odin i use it on daily Chart only. i use it on stock market for long only startegies. i´m no fan ...
noisette Hi Odin, Thank you for the code. I made sone test with M1 timeframe and results have to be ...
Onega Sorry, a quick question I cannot see on forum please ?...Using ProScreener, how can we get t...
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?
Leo Does it opens pending orders?... maybe they were not trigger.
Mattzi Dont know, all i can see is that it opened an order yesterday in backtest but not live. Th...
Jean-Christophe Hello Leo, when running the strategy from 29/12/2015 to 31/08/2018 on ProRealTime Premium, I...

Top