4h simple and rough SMI system

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  • #58799 quote
    jebus89
    Participant
    Master

    Hey all, so same as with the last code i posted here, this is very rough, very little optimized, but has been optimized on Dax 4h 2012 -> 2016.

    Results and code included.

    I added photos from other similar markets to see that its not over-optimized for dax only. The system is pretty simple. Moving averages crossover on the SMI indicator… And thats it 🙂 Also profitable in Hang seng and more..

     

    Anyone willing to work with me on this one?
    Any reason as to why i should not continue working on this one?

    No money management, no overoptimized values, 1 indicator only for entry and exit.

     

    // Definition of code parameters
    DEFPARAM CumulateOrders = False // Cumulating positions deactivated
    
    // Conditions to enter long positions
    indicator1 = WilderAverage[3](SMI[50,11,5](close))
    indicator2 = WilderAverage[7](SMI[62,7,5](close))
    c1 = (indicator1 CROSSES OVER indicator2)
    
    IF c1 THEN
    BUY 1 CONTRACT AT MARKET
    ENDIF
    
    // Conditions to exit long positions
    indicator3 = WilderAverage[3](SMI[19,11,5](close))
    indicator4 = WilderAverage[7](SMI[31,3,5](close))
    c2 = (indicator3 CROSSES UNDER indicator4)
    
    IF c2 THEN
    SELL AT MARKET
    ENDIF
    
    
    //set stop ploss n1
    //set target pprofit n2

     

     

    Edit: All photos = same code,  no changes/optimizing done after the initial one.

    Nicolas thanked this post
    4h-smi.png 4h-smi.png
    #58910 quote
    Nicolas
    Keymaster
    Master

    Look at percentage profit for DAX and compare it with the other instruments! In fact, it seems optimized for the best profit on DAX. What about WFA for the others?

    #58964 quote
    jebus89
    Participant
    Master

    Well nicolas, it is optimized on dax, as i said in post #1, so it will definitly look better there then in the rest of the markets. My point including other markets in photo was just to show that the basic idea was working. The idea that you can use SMI with wilderaverages to create something that would cut out the worst dips and keep most of the profit.

    Again i must say this is not a completed strategy, you should not run this strategy alone. This is simply an idea, a rough code just optimized on a few years within the dax.

     

    I was wondering what people think is possible to do here. As with my other simple 30m system (very rough also) i think ive managed to cut away the worst dips and negative momentum in the market, and trying to keep the positive. Maybe if we could somehow code in an entry and exit inside the positive momentum then we could get a system worth going live 🙂

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4h simple and rough SMI system


ProOrder: Automated Strategies & Backtesting

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This topic contains 2 replies,
has 2 voices, and was last updated by jebus89
8 years, 1 month ago.

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Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 01/10/2018
Status: Active
Attachments: 1 files
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