Hi guys,

I want to share one of my DAX trading ideas based on cross over/under yesterdays high and low in combination with volatile intraday trading windows and certain week days. The approach is very simple works without indicators but seems to be very robust and reliable.

I have inserted Adolfo’s litle beauty concerning money management but fixed position size is possible as well (simply remove the comment).

Comments and improvements are welcome.

have fun

Reiner

// Lift up and down DAX 5M

// Code-Parameter
DEFPARAM FlatAfter = 113000

// trading window
ONCE BuyTime = 84500
ONCE SellTime = 113000

// money management
// variable position size - thanks Adolfo :-)
ONCE Capital = 10000
ONCE Risk = 0.01
ONCE StopLoss = 10
ONCE equity = Capital + StrategyProfit
ONCE maxrisk = round(equity*Risk)
ONCE PositionSize = abs(round((maxrisk/StopLoss)/PointValue)*pipsize)
// fixed position size
// ONCE PositionSize = 10

// manage number of trades
IF Time = BuyTime THEN
 LongTradeCounter = 0
 ShortTradeCounter = 0
ENDIF

// long on Monday until Thursday with filter close is above MA(14) and max 2 trades per day
IF Not LongOnMarket AND Time >= BuyTime AND close CROSSES OVER DHigh(1) AND close > Average[14](close) AND LongTradeCounter < 2 AND CurrentDayOfWeek <> 5 THEN
 BUY PositionSize CONTRACT AT MARKET
 LongTradeCounter = LongTradeCounter + 1
 sl = 50
 tp = 130
ENDIF

// short on Monday and Tuesday with filter close is under MA(9) and max 2 trades per day
IF Not ShortOnMarket AND Time >= BuyTime AND close CROSSES UNDER DLow(1) AND close < Average[9](close) AND ShortTradeCounter < 2 AND CurrentDayOfWeek < 3 THEN
 SELLSHORT PositionSize CONTRACT AT MARKET
 ShortTradeCounter = ShortTradeCounter + 1
 sl = 90
 tp = 30
ENDIF

// exit
IF LongOnMarket AND Time = SellTime THEN
 SELL AT MARKET
ENDIF
IF ShortOnMarket AND Time = SellTime THEN
 EXITSHORT AT MARKET
ENDIF

// stop and target
SET STOP pLOSS sl
SET TARGET pPROFIT tp