@Grahal

@PeterST

And everyone else dealing with this topic.
For a long time I tried to create a scalper in a matter of seconds with a lot of complex code and then eventually came to the conclusion…
Why not completely simple? A simple trade initiation and a simple trend seem to suffice. This code here seems to work in the M1 as well. What do the great masters say about this? Would something like this be tradable?
Opinions are welcome.

Unfortunately, the Paste code function doesn’t work here:

//================================================
//SP500 Spread 0.4
//Filter
//Trail
//maxSL

DEFPARAM CUMULATEORDERS = false
defparam preloadbars = 10000

//Risk Management
PositionSize=5

MA1 = Average[x1,0](close)
MA2 = Average[x2,0](close)
MA3 = Average[x3,0](close)

L1 = MA1 crosses under MA3
L2 = MA1 crosses over MA3
L3 = MA3 > MA3[1]

S1 = MA2 crosses over MA3
S2 = MA2 crosses under MA3
S3 = MA3 < MA3[1]

long = L1 and L3
short = S1 and S3
ExitL = L2
ExitS = S2

// trading window
ONCE BuyTime = 150000 //080000
ONCE SellTime = 210000

// position management
IF Time >= BuyTime AND Time <= SellTime THEN

If long Then //and myADX
Buy PositionSize CONTRACTS AT MARKET

ENDIF

If short Then //and myADX
sellshort PositionSize CONTRACTS AT MARKET

ENDIF

endif

SET STOP %LOSS hl //1
SET TARGET %PROFIT hl

if longonmarket and ExitL then
sell at market
endif
if shortonmarket and ExitS then
exitshort at market
endif

if time = 220000 then //and dayofweek=5
sell at market
exitshort at market
endif

//////////////////////////////////////////
//TrailingStop in Punkten
//************************************************************************
//trailing stop function
trailingstartL = start //LONG trailing will start @trailinstart points profit //30
trailingstartS = start //SHORT trailing will start @trailinstart points profit
trailingstepL = step //trailing step to move the "stoploss" //1
trailingstepS = step //trailing step to move the "stoploss"
Distance = 1 * PipSize //7

//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)>=trailingstartL*pipsize THEN
newSL = tradeprice(1)+trailingstepL*pipsize
ENDIF
//next moves
IF newSL>0 AND close-newSL>=trailingstepL*pipsize THEN
newSL = newSL+trailingstepL*pipsize
ENDIF
ENDIF

//manage short positions
IF SHORTONMARKET THEN
//first move (breakeven)
IF newSL=0 AND tradeprice(1)-close>=trailingstartS*pipsize THEN
newSL = tradeprice(1)-trailingstepS*pipsize
ENDIF
//next moves
IF newSL>0 AND newSL-close>=trailingstepS*pipsize THEN
newSL = newSL-trailingstepS*pipsize
ENDIF
ENDIF

//stop order to exit the positions
IF newSL>0 THEN
IF LongOnMarket THEN
IF (close - Distance) > newSL THEN
SELL AT newSL STOP
ELSIF (close + Distance) < newSL THEN
SELL AT newSL LIMIT
ELSE
SELL AT Market
ENDIF
ELSIF ShortOnMarket THEN
IF (close - Distance) > newSL THEN
EXITSHORT AT newSL LIMIT
ELSIF (close + Distance) < newSL THEN
EXITSHORT AT newSL STOP
ELSE
EXITSHORT AT Market
ENDIF
ENDIF
endif
//************************************************************************

10s-Scalp-Welle-SP500.jpg PH-Scalp-Welle-10s-SP500.itf