Sorry dnystrom, I don’t understand your question. If MM=1 then you can enter your own startpositionsize in line 7 as anything you can afford to start with depending on your working capital. MM will then adjust that position up and down in relation to strategy profit and loss.
maxpositionsize and minpositionsize at lines 13, 14 are IG limits and you should double check what these are as they vary between DOW €1 or DOW $2
The max nr of contract when starting the algo in ProOrder. See my attached printscreen. If I put 1 contract there, will that stop the MM to add on contracts or how does it work?
Sorry for my dumb questions =)
By now I’m fairly convinced that the basic architecture is sound so no reason it shouldn’t be adapted for any major index. Eventually.
Impressive work!
If I would try this code on OMXS30 or any other index, what in the code relate to a specific index? I’m still in the learning process with coding hence the question.
Someone wise told me long time ago “there is no dumb questions…” 😉
Thanks!
The max nr of contract when starting the algo in ProOrder. See my attached printscreen. If I put 1 contract there, will that stop the MM to add on contracts or how does it work?
Sorry for my dumb questions =)
The highest of the two will be used, if that in AutoTrading is higher, then your strategy is free to open from the minimun required up to that number. If that in AutoTraduing is lower, then no matter what you write in your strategy that will be the limit.
@dnystrom, now I get what you mean. I usually put the tier 2 max — for me on the DOW €1 that’s 550 but it may be different depending on your account. We will all be v rich should it ever get up that high.
@keewee unfortunately all the variables for each indicator have to be reset as all indices behave differently. Then there’s the usual WF and robustness testing so it’s quite time consuming. I hadn’t appreciated how much longer everything takes at 200k.
Please see my reply to @StingRe above, page 5, although the comments regarding 100k no longer apply.
Thank you,
but also I would have liked to have more detail because not easy to decipher
I would have liked to have more detail
It’s not easy for any of us to understand other’s code (least of all me! 🙂 ) and even the Coding Wizards do not find it easy, nor even, sometimes, to follow their own code from months ago!?
Best thing is if you have a particular snippet of the Dragon code you want to get your head around then post it on here and we can all join in the decypher exercise?
PS
Why do you keep entering your comments using the blue ‘Insert PRT Code‘ button … that is for actual code not plain english / text?
Je fais un essai
PS
Pourquoi gardez-vous d’ entrer vos commentaires en utilisant le bleu « Insérer le code PRT bouton » … qui est pour le code réel ne langage clair / texte?
@bona25 The structure of the strategy is based on the idea of Primary, Secondary and Minor trends originally introduced by Charles Dow. In his terms, the 3 would be measured approx in years/months/weeks. I’m using the same idea but scaled down to much shorter time frames: 2hr (primary), 15 minute (secondary) and 5 minute (minor).
As I’m sure you know, these can all move independently of each other; a 2hr chart could be falling while the 15min is rising and the 5 min is going sideways — happens all the time. The idea is to get them all pulling in the same direction.
So we have 4 indicators at the 2hr level: a long Hull moving average, SuperTrend, Moving Average Slope and StochasticRSI. These combine to confirm our primary trend. (BTW the Moving Average Slope indicator is in the PRC library, coded by @MAZ)
Then there are 3 indicators at the 15 minute level: Hull MA, MA Slope and the crossing of 2 simple MAs. This is the secondary trend and has to be in agreement with the primary trend.
Finally, the minor trend is picked up by another Hull MA at the 5min TF and this is designed to catch it just as it changes direction, ie where a dip starts going back up or a bounce resumes falling. That’s the entry.
Exit is triggered either by stoploss, target profit, trailing stop or a reversal of 2 of the entry conditions.
If you want to know more about the individual indicators and how they work, this is a good resource:
https://www.investopedia.com/
Hope that makes it all clearer for you. Best of luck 👍
Hi @nonetheless,
Sorry for all the questions – I hope you’re not sick of them yet but this is what happens when you create something brilliant!
After running all strategies for a number of days (keep in mind my start dates are AU time so ahead of EU) I am still not getting any trades. I did not get the DAX trade that others mentioned yesterday and I had the DAX system running.
What do you think could be causing this? Is there anything that is hardcoded to the currency or the specific index?
See attachment.
Thanks so much.
Hi @nonetheless,
Hello,
You must be the same time zone as @nonetheless
Apart from two trades on the DAX yesterday, mine are all asleep as well. It’s because the market is trying to turn around and not all the indicators are in agreement yet. Honestly can’t say why you didn’t get any action on the DAX yesterday, just some inconsistency in the system I guess. I’m sure they’ll all get going very soon … unless there’s another downturn to further complicate the picture. Let’s hope not!
