Late lunch trade DAX40 strategy

Late lunch trade DAX40 strategy

While searching for profitable strategies, I came across something really simple in various forums and websites.

Basically it’s a trend following system and here we are only looking at the long side.
The trend is long when the price is above a higher average.

If the trend is long we take a long position after the morning tussle in the Dax at a late lunch. We hold the position overnight until the next morning and then liquidate it.

In my systems I like to set a filter after the time. Here for seasonal reasons some months and because of the over-weekend-risk friday are excluded.

As an explanation can be considered that the Dax follows the strong development of the S&P500 and DowJones shortly before and with their opening bell.

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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.

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  1. reb • 02/01/2023 #

    Hallo JohnScher
    there isn’t any SL, is it a choice or you didn t find any accurate ?

    • JohnScher • 02/01/2023 #

      An SL is not needed. If necessary, you can use an optimized SL.

  2. JohnScher • 02/01/2023 #

    Short variant, see at

  3. DANY • 02/01/2023 #

    Hi JohnScher,
    Thanks a lot for your contribution.
    Consider this release to avoid overfit.

    Some others suggestions?
    Kind Regards.

    // late lunch trade
    // instrument dax40
    // timezone europe, berlin
    // timeframe 30m
    // created and coded by JohnScher

    defparam cumulateorders= false




    time2trade = time = 133000

    TriggerL = close > exponentialaverage [6] (close)
    TriggerS = close < exponentialaverage [6] (close)

    PatternS=not (dlow(1)>dlow(5))

    if EntraLong AND time2trade AND TriggerL AND PatternL then
    buy TagliaPosizione contracts at market

    if EntraShort AND time2trade AND TriggerS AND PatternS then
    sellshort TagliaPosizione contracts at market


    If LongOnMarket AND ExitL then
    sell at market

    If ShortOnMarket AND ExitS then
    exitshort at market

    If OnMarket AND MySL>0 then
    set stop %loss MySL

    If OnMarket AND MyTP>0 then
    set target %profit MyTP

    • JohnScher • 02/01/2023 #

      Thank you so much for exploring the Late Lunch Strategy.
      For discussion and in answer to your question, see here

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