intraday DAX strategy 5min mini1€ spread 1

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  • #22561 quote
    Raul Vg
    Participant
    Senior

    I believe that partial closures of IG operations can not be made. Anyway, you could make two different robots with half contracts each, one with take and another with only trailing

    #22563 quote
    mamio
    Participant
    Veteran

    @raul

    thank-you.

    By the way: big gain this morning with the last version!!! (in demo only for the moment)

    #22569 quote
    4everTrading
    Participant
    Senior

    Hey!!!

    i attach the info that IG share, info associate to Dax 1€.

    As you can see, the minimum stop is 4, Can be the same stop for trailling stop?

     

    Thanks guys

    Capture-2.png Capture-2.png
    #22573 quote
    Raul Vg
    Participant
    Senior

    Hi Carlos, yes, the minimum distance for stop is 4, but for trailing is 5.

    #22577 quote
    Raul Vg
    Participant
    Senior

    Someone knows how to do a trailing to do the following: open the position in 100, and the trailing is 20 points, so it would be 80, if the price rises to 110, the trailing rises to 90, if it rises to 130, the trailing rises to 110, if it rises to 131 the trailing rises to 111. I understand that in ig rises in blocks, that is, in the previous case, should raise the price to 120 for q trailing to rise to 100, and Then I should raise to 140 for the trialing to rise to 120, always in block of points and not point by point

    #22580 quote
    Nicolas
    Keymaster
    Master

    @Raul

    I confirm that partial close is not possible, the best solution is to set different strategies with different objectives.

    About IG trailing stop function, that’s why I coded the trailing code snippets you’ll find in the blog section of the website (trailingstep variable is what you looking for, but be aware that code are only read once per bar and so will be moved the stoploss.. we definitely need multi timeframe support I know! )

    #22594 quote
    Raul Vg
    Participant
    Senior

    @Nicolas

    No doubt that kind of trailing stop would go phenomenal for this strategy. Anyway I will try yours to see how it works, although in this strategy usually close before a bar.

    #22595 quote
    4everTrading
    Participant
    Senior

    Question

    I am a little bit confused about the risk to take. What do you think guys is the best option to start with 1k?

     

    Thanks

    DAX-5min-scalping-Carlos.itf DAX-5-min-TS5.itf Dax-5-min-Carlos-.itf
    #22600 quote
    4everTrading
    Participant
    Senior

    Please to feel free to share you thoughts. I aprreciate it.

     

    Thanks

    #22604 quote
    Raul Vg
    Participant
    Senior

    Today live demo account.

    26.png 26.png
    #22619 quote
    GraHal
    Participant
    Master
    @Carlos I ran your 3 versions and got attached since 1 Jun 16. None of the 3 fall below your starting 1k, but could well do in live trading (as we all know). How about a compromise? Lower position size of the top Algo (£22.7K) to 50 (from 80) … still makes 14.4K.  Also include a Quit and if your 1k drops to 750 have a rethink?  I think I’ve talked myself into it! 🙂
    IF StrategyProfit<-200 then 
     QUIT
    ENDIF
    

    Cheers GraHal

    4everTrading thanked this post
    Carlos-Risk.jpg Carlos-Risk.jpg
    #22622 quote
    CN
    Participant
    Senior
    @Raul,   What strat is that? The latest one you added?
    #22624 quote
    Raul Vg
    Participant
    Senior
    In my opinion, the risk manager used is not to my liking, for the following reason, basically what it does is to increase a contract every 60 euros earned up to a maximum of 18 contracts. That is, if you start with 1000 euros and you reach 2080 euros, you will enter 18 contracts, thereafter (18×60 = 1080 euros of profits), you will always enter 18 contracts, even if you have 50000 euros of profits (hopefully). Another thing a little sloppy that I do, is to perform the backtest, see the max drawdown and multiply by 3, and minimum to have those funds. In case of strategies with risk manager can not do so because the maxdrawdown is probably not at the beginning when few contracts are entered. The important thing is the beginning, another way of calculating the funds that I have is to multiply the maximum number of consecutive losses by 3 or 4, and in turn, multiply it by the stop loss and the quantity of contracts that I am going to put in the beginning, and that The result still does not exceed 30% or -40% of my capital. example: Maximum number of consecutive losses = 6 Stop = 5 Inical contracts = 2 Starting money = 1000 euros 6 * 5 * 2 = 60 * 4 = 240 € <30% of 1000 This means that at first, even if you lose 24 times in a row, you will not exceed 30% of your capital. There are millions of options, anyway I attach the two last robots that I am forming
    GraHal, CN, mamio and 3 others thanked this post
    DAX-5-MIN-TSL58.itf DAX-5-MIN-1-contract5.itf
    #22629 quote
    GraHal
    Participant
    Master
    @Carlos Having said all that above, on reflection … I think the middle Algo giving 11.3K is better for you. If you’ve only got 1k then wiser / safer to start with the smaller position size of 5. Then if you’re stopped out a few times (@5 points SL) you still live to fight another day??  I’d still include a QUIT though @ – 100?? Raul has just answered your question even better now … with risk calcs. GraHal
    #22633 quote
    CN
    Participant
    Senior
    @Raul In your opinion, the strats that you provided in your last post, are they the most efficient and best atm? Sorry for the stupid questions
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intraday DAX strategy 5min mini1€ spread 1


ProOrder: Automated Strategies & Backtesting

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Raul Vg @raul_v Participant
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This topic contains 502 replies,
has 34 voices, and was last updated by Asteriks
5 years, 8 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 01/19/2017
Status: Active
Attachments: 189 files
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