Simpliccisimus - a small short strategy on rising markets
Whatever sophisticated trading systems can do, there are simpler ones, with moderate, but with success.
The only thing is, you need a fat account or microlots.
the action instructions is with a small seasonal monthly filter
In timeframe 4H
we sell if price above ema50 and we have little condition
sl tp 2% of price
//————————————————————————-
// instrument: dax 40
// maincode : 4HS tm tb g50 k1 M2
// timezone : europetime, berlin
// timeframe : 4h
// created and coded by JohnScher
//————————————————————————-
defparam cumulateorders = true
position = 1
tm = openmonth <>1 and openmonth <> 3 and openmonth <> 10
td = opendayofweek >= 1 and opendayofweek <= 5
tt = time >= 090000 and time <= 210000
c1 = exponentialaverage [1] (close) > exponentialaverage [50] (close)
c2 = exponentialaverage [1] (close) < exponentialaverage [2] (close)
if tm and td and tt and c1 and c2 then
sellshort position contracts at market
endif
set stop %loss 2
set target %profit 2
// until then
Comments
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No, I haven't. You could certainly optimize for SL and TP, operate with trailingsstops and re-invest strategies, include momentum, volume, ATR and who knows what else, but that was not my point. I was more interested in showing that one could have made money with simple means, e.g. short above EMA50 in the 4H in the past years. Whether this will be the case in the future? No idea. In demo mode, the strategy has been running for 2 years in profit, despite all the current confusion.
Thanks! Very good work
Hi, Is this strategy suitable for daily SPY? Regards