Hello

This is a small OnlyLongstrategy with quite acceptable results.

The Detrended Price Oscillator and the power of the candles with the Repulse Indicator are used.
If both > 0.1 we buy a position, if one of the two indicators Short < 0.1 we sold. Buying and selling is quite convenient at the usual times in the Dax at 09.00 / 13.00 / 17.00 and 21.00 hours (utc+2 “Berlin-time”). Who likes can  protect the losses and profits in percent and not only via the indicators.

Like all trend-following systems, it has weaknesses in sudden trend changes and range phases, but this strategy still achieves a better result than the Dax itself.

kind regards

JohnScher

//-------------------------------------------------------------------------
// Repulse DPO Long
// Dax 1 Euro Mini
// Timeframe 4H
// TimeFrame 4H  utc+2 "Berlin-Time"
//
// created by JohnScher with help from rpt
//-------------------------------------------------------------------------



//-------------------------------------------------------------------------
Defparam cumulateorders = false // Defparam cumulateorders = true  brings a better absolut (!) result

TradingDay = Opendayofweek = 1 or Opendayofweek = 2 or Opendayofweek = 3 or Opendayofweek = 4 or Opendayofweek = 5
TradingTime = time >=090000 and time <=210000

positionsize = 1

// DetrendedPriceOszillaator past data from prt as a code, with help from nicolas
p = 3
avg = average[p](close)
r = round(p/2) +1
c1 = close - avg[r]
c2 = 0.1 // variable as a digit, could be also an indicator


//repulse-indicator from prt as a code, with help from nicolas
q = 3
a = 100 * (3*close - 2*low - open) / close
b = 100 * (open + 2*high - 3*close) / close
c3 = Exponentialaverage[q](a) - Exponentialaverage[q](b)
c4 = 0.1 // variable as a digit, could be also an indicator

// maincode
IF TradingDay and TradingTime then

If c1 > c2  and  c3 > c4 then
buy positionsize contracts at market
Endif

If c1 < c2 or c3 < c4 then
sell at market
Endif

ENDIF

// SL and TP
Set Stop %Loss 1 // works without too
Set Target %profit 3 // works without too

// End
// regards JohnScher