Larry Connors Style (slightly adjusted) on the DAX. Daily time frame only.

Category: Strategies By: Piston_Broke Created: March 20, 2017, 10:59 AM
March 20, 2017, 10:59 AM
Strategies
5 Comments

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

 

Download
Filename: larryconnors-dax-adjusted.itf
Downloads: 222
Piston_Broke Junior
Learning the Hard Way...Blood Sweat and Tears. Small time trader with big ideas.
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