10s-Scalp-SP500 Does it work?
- This topic has 24 replies, 4 voices, and was last updated 1 year ago by
.
-
@Grahal
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:
123456789101112131415161718192021222324252627282930313233343536373839404142434445464748495051525354555657585960616263646566676869707172737475767778798081828384858687888990919293949596979899100101102103104105106107108109110111112113114115116117118119120121122123//================================================//SP500 Spread 0.4//Filter//Trail//maxSLDEFPARAM CUMULATEORDERS = falsedefparam preloadbars = 10000//Risk ManagementPositionSize=5MA1 = Average[x1,0](close)MA2 = Average[x2,0](close)MA3 = Average[x3,0](close)L1 = MA1 crosses under MA3L2 = MA1 crosses over MA3L3 = MA3 > MA3[1]S1 = MA2 crosses over MA3S2 = MA2 crosses under MA3S3 = MA3 < MA3[1]long = L1 and L3short = S1 and S3ExitL = L2ExitS = S2// trading windowONCE BuyTime = 150000 //080000ONCE SellTime = 210000// position managementIF Time >= BuyTime AND Time <= SellTime THENIf long Then //and myADXBuy PositionSize CONTRACTS AT MARKETENDIFIf short Then //and myADXsellshort PositionSize CONTRACTS AT MARKETENDIFendifSET STOP %LOSS hl //1SET TARGET %PROFIT hlif longonmarket and ExitL thensell at marketendifif shortonmarket and ExitS thenexitshort at marketendifif time = 220000 then //and dayofweek=5sell at marketexitshort at marketendif////////////////////////////////////////////TrailingStop in Punkten//************************************************************************//trailing stop functiontrailingstartL = start //LONG trailing will start @trailinstart points profit //30trailingstartS = start //SHORT trailing will start @trailinstart points profittrailingstepL = step //trailing step to move the "stoploss" //1trailingstepS = step //trailing step to move the "stoploss"Distance = 1 * PipSize //7//reset the stoploss valueIF NOT ONMARKET THENnewSL=0ENDIF//manage long positionsIF LONGONMARKET THEN//first move (breakeven)IF newSL=0 AND close-tradeprice(1)>=trailingstartL*pipsize THENnewSL = tradeprice(1)+trailingstepL*pipsizeENDIF//next movesIF newSL>0 AND close-newSL>=trailingstepL*pipsize THENnewSL = newSL+trailingstepL*pipsizeENDIFENDIF//manage short positionsIF SHORTONMARKET THEN//first move (breakeven)IF newSL=0 AND tradeprice(1)-close>=trailingstartS*pipsize THENnewSL = tradeprice(1)-trailingstepS*pipsizeENDIF//next movesIF newSL>0 AND newSL-close>=trailingstepS*pipsize THENnewSL = newSL-trailingstepS*pipsizeENDIFENDIF//stop order to exit the positionsIF newSL>0 THENIF LongOnMarket THENIF (close - Distance) > newSL THENSELL AT newSL STOPELSIF (close + Distance) < newSL THENSELL AT newSL LIMITELSESELL AT MarketENDIFELSIF ShortOnMarket THENIF (close - Distance) > newSL THENEXITSHORT AT newSL LIMITELSIF (close + Distance) < newSL THENEXITSHORT AT newSL STOPELSEEXITSHORT AT MarketENDIFENDIFendif//************************************************************************1 user thanked author for this post.
It looks like I have to pass on this one, but it is not clear to me why.
The below resembles what you showed in your first post. But I can’t find a way to show this curve other than using the $50 version which leads to 50 times more of everything. That is, device what you see for gain by 50 and it comes close to your results. But … and this is the thing … when I use the $1 contract then nothing resembles. This should mean that you use points etc. in there which relate to the contract size, also confirmed by your number of contracts (4) which don’t give a linear result when I make e.g. 1 of it. Less than one does not give a result at all, so I actually don’t understand what to do to get the same.
Something else GraHal already said : the drawdown is not right. But not really the drawdown – merely the loss in one trade (2nd attachment sorted on performance). Thus this fact alone makes the result coincidental, also testified by the (in itself coincidental) other results I received over different periods.
By means of the 3rd attachment (1M bars) I hope to show you how your result was about (haha) 100% over-optimised (see the June 23 mark). There too all values are 50x higher than I think what you used (an order is 750K against today’s EUR/USD).
Thus : Mwah. 🙂
1 user thanked author for this post.
Find exclusive trading pro-tools on 
