Hello everyone,

I found this strategy called ” Winning Pips System” (you can see it just by searching “winning pips system” on Google).

 The strategy seemed profitable and I wanted to test it.

Disappointment :

– It loses below the H4 timeframe, because of the spread (if there was no spread, it would be winning in H1)

– To be a winner, the take profit must be 2 times more little than the stop loss. However, even with a 1.5 point spread on EUR/USD (see backtest ), the strategy is profitable.

No doubt it is improvable .

It’s your turn !

DEFPARAM CumulateOrders = False

// TAILLE DES POSITIONS
N = 2

// DEFINITION DES INDICATEURS
AO = Average[5](medianprice) - Average[34](medianprice)
AC = AO - Average[5](AO)
PSAR = SAR[0.02,0.02,0.2]

// 1 SEUL TRADE par changement de SAR
IF close crosses over PSAR THEN
 phase = 1
ELSIF close crosses under PSAR THEN
 phase = -1
ENDIF


// ACHAT
ca1 = AO > AO[1]
ca2 = AC > AC[1]
ca3 = close > PSAR

IF ca1 AND ca2 AND ca3 and phase = 1 THEN
 buy N shares at market
 amplitude = close - low
 phase = 0
ENDIF

// VENTE
cv1 = AO < AO[1]
cv2 = AC < AC[1]
cv3 = close < PSAR

IF cv1 AND cv2 AND cv3 and phase = -1 THEN
 sellshort N shares at market
 amplitude = close - low
 phase = 0
ENDIF

// Stop Loss and Take Profit
SET STOP LOSS amplitude
SET TARGET PROFIT amplitude*0.5

// Stop loss au SAR
sell at PSAR STOP
exitshort at PSAR STOP