10-20 trades a DAY on DAX?

• 07/30/2019 at 7:28 AM #103752
  Stefanb

  I don’t have that big account so I can only have max 5 algos live at the same time.

  Some weeks my algos only take 1 trade/week!

  Boring!!

  I try to code an algo that makes quite a few trades/day(10-20 trades). 1 min timeframe seems to work best.

  DAX often moves 100-200 points a day.

  Do you have any good suggestions on what to consider when coding an algo that should take many trades a day?

  What type of stop usually works…

  

  Stefanb

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  07/30/2019 at 8:22 AM #103756
  jebus89

  Hi! There is no secret answer here. It feels alot harder to make a profitable code on a shorter timeframe because of all the “noise” happening in between the real moves.

  Filters are your friend. Figure out how to filter out the noise and not filter out the real moves. Thats basicly  the “how to” in this game.. It is very hard, everything and anything can and wont work. Good luck!

   

   

  

  jebus89

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  07/30/2019 at 8:50 AM #103762
  Stefanb

  Agree with you jebus.

  just thought that if there is any filter that usually works better at lower timeframes and so on.

   

  

  Stefanb

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  08/01/2019 at 7:27 AM #103927
  jebus89

  nah not really, when looking for extremes, a bollinger band is always good, when looking for moreover that “trend” in the market i find using RSI, moving averages, ATR usefull. Also mixing in higher timeframes might give an indication of where we where and where we are and where we’re going.

  

  jebus89

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  08/01/2019 at 8:03 AM #103935
  Stefanb

  Thanks jebus.

  I’ve been coding for two years now so I know the basics well.

  Will see if I can get to an algo that is really active 🙂

  

  Stefanb

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  08/10/2019 at 4:23 PM #104531
  Stefanb

  Don’t get it with as active algo as I want but here comes a EURUSD algo that takes a few positions/week.

  Spread 0.7.

  Optimized until 2018.

  DEFPARAM CumulateOrders = False DEFPARAM FLATBEFORE = 070000 DEFPARAM FLATAFTER = 230000 daysforbiddenentry = openDayofweek = 6 or opendayofweek = 0 RSINum = 9 RSIHighLevel = 32 RSILowLevel = 85 RSI2 = (SUMMATION[RSINum](RSI[RSINum](Close)))/RSINum RSILow = RSI2 < RSILowLevel RSIHigh = RSI2 > RSIHighLevel IF (abs(close-open[1]) > 30*pointsize) THEN IF (close > open[5]) and rsihigh and not daysforbiddenentry THEN BUY 1 CONTRACTS AT MARKET ENDIF IF (close < open[6]) and not daysforbiddenentry and rsilow THEN SELLSHORT 1 CONTRACTS AT MARKET ENDIF ENDIF IF LongOnMarket AND BARINDEX-TRADEINDEX(1)>= 15 THEN SELL AT MARKET ENDIF IF shortOnMarket AND BARINDEX-TRADEINDEX(1)>= 41 THEN EXITSHORT AT MARKET ENDIF

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  DEFPARAM CumulateOrders = False DEFPARAM FLATBEFORE = 070000 DEFPARAM FLATAFTER = 230000 daysforbiddenentry = openDayofweek = 6 or opendayofweek = 0   RSINum = 9 RSIHighLevel = 32 RSILowLevel = 85 RSI2 = (SUMMATION[RSINum](RSI[RSINum](Close)))/RSINum RSILow = RSI2 < RSILowLevel RSIHigh = RSI2 > RSIHighLevel   IF (abs(close-open[1]) > 30*pointsize) THEN IF (close > open[5]) and rsihigh and not daysforbiddenentry THEN BUY 1 CONTRACTS AT MARKET   ENDIF IF (close < open[6]) and not daysforbiddenentry  and rsilow THEN SELLSHORT 1 CONTRACTS AT MARKET   ENDIF ENDIF   IF LongOnMarket AND BARINDEX-TRADEINDEX(1)>= 15 THEN SELL AT MARKET ENDIF   IF shortOnMarket AND BARINDEX-TRADEINDEX(1)>= 41  THEN EXITSHORT AT MARKET ENDIF

   

  

  Stefanb

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