Hi All
I would appreciate a simple second opinion on this spread-bet test strategy. I’ve been back-testing various versions over long and short timescales…a demo account is showing about 15% profit on the Dax since Sept 16…which if this was real ££££ I’d be quite satisfied with.
Any ideas, comments, improvements would be gratefully received!
Happy Trading!
// Definition of code parameters
DEFPARAM CumulateOrders = False // Cumulating positions deactivated
// Conditions to enter long positions
indicator1 = Average[200](close)
c1 = (close > indicator1)
indicator2 = Average[5](close)
c2 = (close < indicator2)
indicator3 = RSI[2](close)
c3 = (indicator3 < 13)
IF c1 AND c2 AND c3 THEN
BUY 5 PERPOINT AT MARKET
ENDIF
// Conditions to exit long positions
indicator4 = Average[9](close)
c4 = (close CROSSES OVER indicator4)
IF c4 THEN
SELL AT MARKET
ENDIF
// Conditions to enter short positions
indicator5 = Average[200](close)
c5 = (close < indicator5)
indicator6 = Average[5](close)
c6 = (close > indicator6)
indicator7 = RSI[2](close)
c7 = (indicator7 > 83)
IF c5 AND c6 AND c7 THEN
SELLSHORT 5 PERPOINT AT MARKET
ENDIF
// Conditions to exit short positions
indicator8 = Average[5](close)
c8 = (close CROSSES UNDER indicator8)
IF c8 THEN
EXITSHORT AT MARKET
ENDIF