Bias DAX Time 15M & MM200 Daily – Multiframe

Viewing 5 posts - 1 through 5 (of 5 total)
  • Author
    Posts
  • 09/16/2018 at 12:12 PM #80589 quote
    DANY
    Participant
    Senior

    The Markets grow in the night !

    Very Simple Code based on Entry & Exit Time combined with a daily MM200.

    Any Idea to increase profitability ?

    DEFPARAM cumulateorders=false

LSTime=183000
LETime=073000

SSTime=143000
SETime=173000

ExitTime=213000

EntraLong=1
EntraShort=1

MyStopLoss=90
MyTakeProfit=400

TIMEFRAME (Daily, updateonclose)
//your daily conditions
MM200=Average[200](Close)
DLong=DClose(1)>MM200
DShort=DClose(1)<MM200

TIMEFRAME (default)

If EntraLong AND Time=LSTime AND DLong then
buy 1 contract at market
endif

If EntraShort AND Time=SSTime AND DShort then
sellshort 1 contract at market
endif

If LongOnMarket AND (Time=LETime OR Close<MM200) then
sell at market
endif

If ShortOnMarket AND (Time=SETime OR Close>MM200) then
exitshort at market
endif

If MyStopLoss>0 then
Set Stop PLoss MyStopLoss
endif

If MyTakeProfit>0 then
Set Target PProfit MyTakeProfit
endif

If DayOfWeek=5 and Time=ExitTime then
sell at market
exitshort at market
endif
    curve-1537022476lpc84.png curve-1537022476lpc84.png Statistiche-1.png Statistiche-1.png
    09/16/2018 at 12:17 PM #80626 quote
    Nicolas
    Keymaster
    Master

    Hi Dany, thanks for posting your strategy. Sorry if I’m wrong but I feel you did not use any spread fees into your backtest?

    09/16/2018 at 5:35 PM #80634 quote
    DANY
    Participant
    Senior

    Ciao Nicolas,

    I used 1 point spread, but it does work fine with 2 point too; I think that with some filters (maybe one or two patterns), it could be increase the average profitability.

    It’s work better if you set the SL & TP at “0” value and if you comment the last filter, like this  :

    If DayOfWeek=5 and Time=ExitTime then
    //sell at market
    //exitshort at market
    endif
    09/16/2018 at 6:10 PM #80639 quote
    Nicolas
    Keymaster
    Master

    Oh sorry! I successfully backtest your system with the same result. I should not work on Sunday 😆

    PFA comparison with buy and hold (but with no fees).

    buy-and-hold-dax-comparison.png buy-and-hold-dax-comparison.png
    07/19/2020 at 3:23 PM #139616 quote
    BITE1437
    Participant
    Average

    I like this bias strategy. Can I ask for the screener code? Thanks indeed.

  • Author
    Posts
Viewing 5 posts - 1 through 5 (of 5 total)
  • You must be logged in to reply to this topic.

Bias DAX Time 15M & MM200 Daily – Multiframe


ProOrder: Automated Strategies & Backtesting

New Reply
Author
author-avatar
DANY @dmigliav Participant
Summary

This topic contains 4 replies,
has 3 voices, and was last updated by BITE1437
5 years, 7 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 09/16/2018
Status: Active
Attachments: 3 files
Logo Logo
Loading...
Do you like cookies? 🍪 We use cookies to ensure you get the best experience on our website. (Learn more)
©2026 ProRealCode - Trading & Coding with ProRealTime™