Heikin Ashi during trend

Heikin Ashi during trend

Hello,

This is one of my first strategies. It is a simple strategy with Heikin Ashi as a trigger during trends. It buys according to Heikin Ashi but only during uptrend set by EMA 25, 50 and 270. It sells acoording to HEikin ashi but only during trends (same EMA).

My question is of course if anyone have any improvement tips, but also my concenr for curve fitting and lack of robustness. I have tried to not make to many adjustments and I did my settings on about 28 months IS and then added another 7 months as OOS. The strategy works on DAX H1 and I didnt find any other markjet that worked well. I had the spread set to 2 for this backtest.

Please let me know your thoughts.

(please download the attached file to get all necessary codes).

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. jebus89 • 12/14/2018 #

    Guessing photo is 100k bars? Because 200K bars was not good. Also u got alot of loosing trades in a row, thats a big red flag for my part.

  2. PastaPesto • 12/14/2018 #

    jebus89, thank you for your feedback. You are correct, the backtest is made on 100K. The bad result for 200K and the fact that I couldnt find other markets for this is not promising. You also mentioned the loss in a row. I guess yoy see this together with the other facts from the backtest? Loss in arow alone shouldnt be a fact to reject a strategy. It depends on the relation between SL and TP as well as the end result, or what do you think?

  3. jebus89 • 12/14/2018 #

    The more loss in a row you have, the more big winners u need in the future. With a belo 50% winrate, ur gonna need some big winners to save u from loosing 15 trades in a row.. That means ur backtest might be very dependant on a few big winners to make up for all the loss. Increasing the risk of datamining and curvefitting. Also alot of trades lost in a row is going to be very hard to actually trade. Imagine going 9 trades loosing in a row on the same strategy its going to feel like bleeding out, and its gonna leave u praying for a winner to come. what if it dosnt come for another 12 months.. Many loss in a row, frequently haves me thinking ur entry isnt so good.

    It dosnt mean 100% sure the strategy is bad, it just at least for me is a few red flags that i would definitly think twice about b4 running live at least.
    Also when you find it hard to make it good in other markets, that again is indeed a red flag regarding the average trade u take.. If u get a decent backtest in other markets that means u havnt curvefitted your algo to “cherrypick” the very best trades from the other optimized market. It means u just might ahve something that pulls profit out of the chart, regardless what chart. Thats kind of the clue behind robustness. You dont want a backtest that has cherrypicked alot of good trades from the data. U want a backtest that has even profits, a good sharpe, low volatility in the equity curve, but obviously not a traight line, u want some bumps here and there because u cant always be right.

  4. PastaPesto • 12/14/2018 #

    Thank you for the feedback jebus. I totally agree on every point.

  5. Paul • 12/14/2018 #

    Thanks for posting. I took my SDO strategy, removed the main criteria and inserted your code to match. Results look good for 10 min bar but not on all 200k bars. From jan 2016 it’s good. (before that about even)
    Tested with 1 position, stoploss 1% and spread 1. From 1 jan. 2016 winratio at 73% with average gain 23 euro on 153 trades. 3 losses in a row and 15 wins. Total profit about €3500
    So maybe the basis is alright but it just needs a few extra filters to succeed.

  6. PastaPesto • 12/14/2018 #

    Thanks Paul for taking your time looking in to this. Could you please insert your code? I will let you know if I find something.

  7. Paul • 12/14/2018 #

    It has only 1 trade a day and the profit target is not used.
    Because it trades a complete day, I included an option not to enter new positions during lunchbreak, because of a higher risk. Perhaps it’s curve-fitting, but it does make sense to me. (11.30-13.30)

    //————————————————————————-
    // Main Code : Heikin Ashi trend
    //————————————————————————-

    // Common Rules
    Defparam Cumulateorders = False
    Defparam Preloadbars = 1000

    // On/off
    Extratradecriteria = 1 // I.e. Long; Only Enters When The Current Bar High Is Lower Then The Lowest Daily High From Today, Yesterday And Day Before.
    Mfetrailing = 1 // Mfe Trailing Stop
    Wtrailing = 1 // Williams 3 Bar Trailing Stop
    Breakevenstop = 1 // Breakevenstop, Move Stoploss When Position Is In Profit.
    Excludefirsttwoweeks = 1 // Exclude The First 2 Weeks Of Every Year (Weeknumber 1 And 2)
    lunchtrading = 0 // [0] no new positions during lunchtime and trades can be closed

    // Settings
    Positionsize = 1
    SL = 1.00 // % Stoploss
    PT = 140 // % Profit Target
    MFETS = 0.50 // % Mfe Trailing Stop
    BES = 0.35 // % Break Even Stop
    BESMP = 0.05 // % Break Even Stop Minimum Profit
    WTSMP = 0.50 // % Williams Trailing Stop Minimum Profit If Mfe Trailing Stop Is Not Used
    ETD = 0 // Exclude a Trade Day; Sunday = 0

    // Day & Time
    Once Entertime = 090000
    Once Lasttime = 170000
    Once Closetime = 240000 // Greater Then 23.59 Means It Continues Position Overnight
    Once Closetimefr=173000
    if lunchtrading then
    once breakstart = 240000
    once breakend = 240000
    else
    once breakstart = 113000
    once breakend = 133000
    endif

    If Excludefirsttwoweeks=1 Then
    If Year=2015 And Month=1 And (Day>=1 And Day=1 And Day=1 And Day=1 And Day=1 And Day= Entertime
    Tt2 = Time = breakstart and time <= breakend
    Tradetime = Tt1 And Tt2 and Notrading = 0 And Dayofweek ETD and not breaktime

    // Reset At Start
    If Intradaybarindex = 0 Then
    Longtradecounter = 0
    Shorttradecounter = 0
    Tradecounter = 0
    Mclong = 0
    Mcshort = 0
    Endif

    // [pc] Position Criteria
    Pclong = Countoflongshares < 1 And Longtradecounter < 1 And Tradecounter TRADEINDEX
    Pcshort = Countofshortshares < 1 And Shorttradecounter < 1 And Tradecounter TRADEINDEX

    // [mc] main criteria
    if tradetime then
    C3 = ExponentialAverage[32](close)//BLACK
    C4 = ExponentialAverage[48](close)//RED
    C5 = ExponentialAverage[192](close)//RED
    indicator1 = CALL “Heiken Ashi”
    c1 = (indicator1 = -1)
    c2 = (indicator1 = 1)

    IF c2 AND C4 > C5 AND C3 > C4 THEN
    mclong=1
    mcshort=0
    else
    mclong=0
    endif

    If c1 AND C4 < C5 AND C3 < C4 THEN
    mcshort=1
    mclong=0
    else
    mcshort=0
    ENDIF
    endif

    // [ec] Extra Criteria
    If Extratradecriteria Then
    Min1 = Min(Dhigh(0),dhigh(1))
    Min2 = Min(Dhigh(1),dhigh(2))

    Max1 = Max(Dlow(0),dlow(1))
    Max2 = Max(Dlow(1),dlow(2))

    Eclong = High Max(Max1,max2)
    else
    Eclong=1
    Ecshort=1
    Endif

    // Long & Short Entry
    If not onmarket and Tradetime Then
    If Pclong and Mclong And Eclong Then
    Buy Positionsize Contract At Market
    Longtradecounter=longtradecounter + 1
    Tradecounter=tradecounter+1
    Endif
    If Pcshort and Mcshort And Ecshort Then
    Sellshort Positionsize Contract At Market
    Shorttradecounter=shorttradecounter + 1
    Tradecounter=tradecounter+1
    Endif
    Endif

    // Break Even Stop
    If Breakevenstop Then
    If Not Onmarket Then
    Newsl=0
    Endif
    If Longonmarket And close-tradeprice(1)>=((Tradeprice/100)*BES)*pipsize Then
    Newsl = Tradeprice(1)+((Tradeprice/100)*BESMP)*pipsize
    Endif
    If Shortonmarket And Tradeprice(1)-close>=((Tradeprice/100)*BES)*pipsize Then
    Newsl = Tradeprice(1)-((Tradeprice/100)*BESMP)*pipsize
    Endif
    If Newsl>0 Then
    Sell At Newsl Stop
    Exitshort At Newsl Stop
    Endif
    Endif

    // Exit Mfe Trailing Stop
    If Mfetrailing Then
    Trailingstop = (Tradeprice/100)*MFETS
    If Not Onmarket Then
    Maxprice = 0
    Minprice = Close
    Priceexit = 0
    Endif
    If Longonmarket Then
    Maxprice = Max(Maxprice,close)
    If Maxprice-tradeprice(1)>=trailingstop*pipsize Then
    Priceexit = Maxprice-trailingstop*pipsize
    Endif
    Endif
    If Shortonmarket Then
    Minprice = Min(Minprice,close)
    If Tradeprice(1)-minprice>=trailingstop*pipsize Then
    Priceexit = Minprice+trailingstop*pipsize
    Endif
    Endif
    If Onmarket And Wtrailing=0 And Priceexit>0 Then
    Sell At Market
    Exitshort At Market
    Endif
    Endif

    // Exit Williams Trailing Stop
    If Wtrailing Then
    Count=1
    I=0
    J=i+1
    Tot=0
    While Count=low[i]) And (High[j]alto[1] Then
    Ref=basso
    Endif
    If CloseWTSMP Then
    If Low[1]>ref And High<ref Then
    Sell At Market
    Endif
    If High[1]ref Then
    Exitshort At Market
    Endif
    Endif

    If Onmarket And Mfetrailing=1 And Priceexit>0 Then
    If Highref Then
    Exitshort At Market
    Endif
    Endif
    Endif

    // Exit At Closetime
    If Onmarket Then
    If Time >= Closetime Then
    Sell At Market
    Exitshort At Market
    Endif
    Endif

    // Exit At Closetime Friday
    If Onmarket Then
    If (Currentdayofweek=5 And Time>=closetimefr) Then
    Sell At Market
    Exitshort At Market
    Endif
    Endif

    // Build-in Exit
    Set Stop %loss SL
    Set Target %profit PT

    //graph 0 Coloured(300,0,0) As “Zeroline”
    //graph (Positionperf*100)coloured(0,0,0,255) As “Positionperformance”

  8. Paul • 12/14/2018 #

    that copy&paste doesn’t look good. If you want the correct code posted, please open a topic with your strategy and I will post it there.

  9. PastaPesto • 12/14/2018 #

    Many thanks Paul! I will look at it tomorrow (Im using my phone now).

  10. PastaPesto • 12/14/2018 #

    Paul, Im sorry but where do I open a topic?

  11. Paul • 12/14/2018 #

    in ProOrder support, at the bottom

  12. Maik2404 • 12/14/2018 #

    wie kann ich den Code bekommen Paul?

  13. jens_kittner • 339 days ago #

    Works with US Crude at 1h as well!

  14. Jean-Claude REGIS • 261 days ago #

    Je préconise de regarder les graphiques H1 et M15 pour visualiser la tendance de fond et d’entrer sur le marcher au minimum sur un graph M5 ne pas oublier que c’est déjà au moins 5 mn de retard par rapport au départ de la vague qui aurait déjà pu changer de sens ce qui n’empêcherait pas une sortie positive au regard de la tendance de fond j’aime bien rentrer lorsque le prix croise une MMT (triangularAverage[9] en Heikin-Ashi (Tout ce qui est automatique n’est pas forcément et loin s’en faut le reflet d’une stratégie appliquée en manuel ) Le marché bouge de façon très aléatoire rien ni personne ni aucun indicateur ne peut prédire de façon fiable la couleur de la ou des prochaines bougies ! Le meilleur indicateur c’est vous, votre regard sur un graphique vous pouvez faire du trading très court court ou long terme sans aucun autre indicateur qu’un graphique et une seule MM Les stratégies les plus simples sont très souvent les plus profitables (ou encore trader uniquement sur le carnet d’ordre) Les débutants et même d’autres sont souvent noyés dans un nombre trop important d’indicateur et de stratégies jusqu’à ce qu’ils comprenne que le plus simple appliqué avec rigueur et le plus profitable (Comme plus de 90% des trader j’ai griller des économies avant de comprendre cela) maintenant je sais plus comment faire pour perdre (rire)

avatar
Register or

Likes

avatar avatar avatar avatar avatar avatar avatar
Related users ' posts
Nicolas Les questions non liées à ce post doivent être posées sur les forums.
jacob78692110 Bonjour, quand je colle le code, l'indicateur n'est pas sur les prix mais il est la où se tr...
Nicolas Il faut l'appliquer sur le prix, en allant dans les paramètres du prix.
DaxRider Nice indicator thank you Nicolas
sai000 can i use this in trading view plotform
Nicolas No, all codes on our website are to be used with ProRealTime: https://www.prorealtime.com/en/
Maxime Baudin Thank you Vonasi
Vonasi An update to this indicator with some improvements and new features can now be found here: ...
Jan Sorry to hear, I just tested the attached itf file in version 10.3, it works fine there. I d...
Jan sebastien4484 Have you also found the results with some In Sample/Out of Sample testing, l...
hudavlasti Is there any configuration for this system that tests the best variables
Stockastiss Can this code be simply transferred into Backtestingcode so one doesnt need to use call ? (i...
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...
leofi https://www.prorealcode.com/topic/simple-average-with-visual-color/
leofi Go visit www.prorealcode.com/topic/simple-average-with-visual-color/ and watch 2em post
Dritan Hi,I am new on Prorealtime and coding.I downloaded the indi but I have it on a separate wind...
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...
Nicolas Use the color variables R and G to test if the trend is bullish (R=0) or bearish (R>0).
s00071609 Where can i find the syntax to test the colour of the line, I am calling the indicator value...
Nicolas You should open a new topic to discuss about the strategy and its coding.
Byggtrader Hi Nicolas! How do I get the indicator in the price chart? It only stays under i new chart.
Nicolas Just add it on the price chart by using the wrench on the left upper side of the chart (pric...
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...
Wilko Thanks for the idea! This type of scoring can really help in not only identifying regimes ...
Vonasi Thanks for the compliments Wilko.
Nicolas
7 months ago
Jan Wind "There are two methods of using Kagi: We buy when there is a turnaround and sell when there...
Nicolas Thanks, let us know how it is going?
Jan Wind Hallo Nicolas, I have tested the pre-mentioned concept, and had to change the concept : ...
Alai-n @Vonasi Thanks
jiddan78 how to convert to afl amibroker ?
Nicolas We do not supply free coding assistance for AFL Amibroker on the website. You can ask for pa...
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...
camporan You can use it 5M onwards, but the longer timeframe the more accurate it is. My preferred ar...
manchokcity can we have it in mql4 platform? or how or which platform do we use it?
camporan I don't use MetaTrader so I won't be able to do the translation myself. Sorry!
riz001 thnk u
geroniman bonjour Nicolas, j ai un indicateur le Tiger . J aiemrai placer des fleches buy et sell dire...
Nicolas Merci de formuler les demandes sur le forum. ça n'est pas le bon endroit et hors sujet ici ! ;)
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...

Top