1 sec dow strategy

• 06/22/2020 at 4:34 PM #136796
  Franro

  Hi folks,

  I have ran this system for about 1 month now. it has a 90% winrate with 147 trades. The problem with this system is that the losses is way too big. If someone would have some ideas to improve this I would be greatful

  Thanks..

  1secdow

  defparam cumulateorders = false defparam preloadbars = 5000 once positionsize = 1 once tradetype = 2 // [1]long&short;[2]long;[3]short //========= STRATEGY =================================== //long c10=low<lowest[2](low[1]) c11=close<low[1] tradelong = c10 and c11 //short c20=high>highest[2](high[1]) c21=close>high[1] tradeshort = c20 and c21 //======================================================= // entry If (tradetype=1 or tradetype=2) and tradelong then if not onmarket then buy positionsize contract at market endif endif if (tradetype=1 or tradetype=3) and tradeshort then if not onmarket then sellshort positionsize contract at market endif endif //%trailing stop function trailingPercent = .26 //org .26 stepPercent = .015 //org .014 if onmarket then trailingstart = tradeprice(1)*(trailingpercent/100) //trailing will start @trailinstart points profit trailingstep = tradeprice(1)*(stepPercent/100) //% step to move the stop endif //reset the stoploss value IF NOT ONMARKET THEN newSL=0 ENDIF //manage long positions IF LONGONMARKET THEN //first move (breakeven) IF newSL=0 AND close-tradeprice(1)>=trailingstart THEN newSL = tradeprice(1)+trailingstep ENDIF //next moves IF newSL>0 AND close-newSL>trailingstep THEN newSL = newSL+trailingstep ENDIF ENDIF //manage short positions IF SHORTONMARKET THEN //first move (breakeven) IF newSL=0 AND tradeprice(1)-close>=trailingstart THEN newSL = tradeprice(1)-trailingstep ENDIF //next moves IF newSL>0 AND newSL-close>trailingstep THEN newSL = newSL-trailingstep ENDIF ENDIF //stop order to exit the positions IF newSL>0 THEN SELL AT newSL STOP EXITSHORT AT newSL STOP ENDIF

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  defparam cumulateorders = false defparam preloadbars    = 5000 once positionsize     = 1 once tradetype        = 2 // [1]long&short;[2]long;[3]short //========= STRATEGY =================================== //long c10=low<lowest[2](low[1]) c11=close<low[1] tradelong = c10 and c11 //short c20=high>highest[2](high[1]) c21=close>high[1] tradeshort = c20 and c21 //======================================================= // entry If (tradetype=1 or tradetype=2) and tradelong then if not onmarket then buy positionsize contract at market endif endif if (tradetype=1 or tradetype=3) and tradeshort then if not onmarket then sellshort positionsize contract at market endif endif //%trailing stop function trailingPercent = .26 //org .26 stepPercent = .015  //org .014 if onmarket then trailingstart = tradeprice(1)*(trailingpercent/100) //trailing will start @trailinstart points profit trailingstep = tradeprice(1)*(stepPercent/100) //% step to move the stop endif //reset the stoploss value IF NOT ONMARKET THEN newSL=0 ENDIF //manage long positions IF LONGONMARKET THEN //first move (breakeven) IF newSL=0 AND close-tradeprice(1)>=trailingstart THEN newSL = tradeprice(1)+trailingstep ENDIF //next moves IF newSL>0 AND close-newSL>trailingstep THEN newSL = newSL+trailingstep ENDIF ENDIF //manage short positions IF SHORTONMARKET THEN //first move (breakeven) IF newSL=0 AND tradeprice(1)-close>=trailingstart THEN newSL = tradeprice(1)-trailingstep ENDIF //next moves IF newSL>0 AND newSL-close>trailingstep THEN newSL = newSL-trailingstep ENDIF ENDIF //stop order to exit the positions IF newSL>0 THEN SELL AT newSL STOP EXITSHORT AT newSL STOP ENDIF

   

  

  Franro

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  09/25/2020 at 11:16 AM #145339
  robertogozzi

  Try adding a TP & SL  at line 32, such as:

  SET TARGET pPROFIT 100 SET STOP pLOSS 50

  1 2	SET TARGET pPROFIT 100 SET STOP   pLOSS   50

   

  

  robertogozzi

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  10/23/2020 at 11:29 AM #148199
  TraderGlyn

  This works pretty good in 1m DOW.

  28 wins (all long trades) and zero losses although that’s only over 15000 units. Max DD was £739

  Would be good to see a longer period and see what it looks like over varying conditions

  

  TraderGlyn

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  10/23/2020 at 11:53 AM #148205
  robertogozzi

  You just need to use 100K units to find out.

  Select x units, then replace manually  15K with 100K.

   

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  TraderGlyn

  

  robertogozzi

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