The past 6-12 months I´ve broadly tested on the demo account all existing “strategy” on ProRealCode. Most results has been pretty bad. Except one that consistently has showed good results (winning trades 67%)
It have had a bit to large drawdowns but has always recovered and showed good results
Probably the one with most simple tenchology, Averaging Down Orders
The best results have been on USD/JPY 5M, but on most other index and currencies the result has been bad.
I don´t know programming and wonder if someone would be interested in help improve it?
The drawdowns would need to be limited to reasonable levels, and that it shouldn´t place order during certain times and days
You would probably also discover other improvements that the system is missing

//-------------------------------------------------------------------------
// Main code : #averaging down orders
//-------------------------------------------------------------------------
defparam cumulateorders = true

// indicators
EMA3 = exponentialaverage[3]
EMA10 = exponentialaverage[10]
if barindex>1 then
haopen=(haopen[1]+haclose[1])/2
haclose=(open+close+low+high)/4
endif

// first order (EMA cross)
if not shortonmarket and EMA3 crosses under EMA10 then
SELLSHORT 1 SHARE AT MARKET
endif

// close position with bullish EMA cross only if we are in profit and we are not already averaging down (1 position only)
if countofposition=-1 and haclose<tradeprice and EMA3 crosses over EMA10 then
EXITSHORT AT MARKET
endif

// averaging down
if shortonmarket and haopen>haclose and haopen[1]<haclose[1] and haclose>tradeprice then
SELLSHORT 1 SHARE AT MARKET
endif

// monitor the average price of whole orders and close them accordingly
if shortonmarket and haclose<positionprice and countofposition<-1 then
EXITSHORT AT MARKET
endif

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