I Combined Phonetzs code and made a long/short-version

How to make i better?

//Break-H4 Nasdaq M3
//================================================

DEFPARAM CUMULATEORDERS = false
defparam preloadbars = 5000


//Risk Management
PositionSize=1

timeframe(4hour, updateonclose)
barCount = barIndex

c1 = high
D1 = low
c2 = (Close > Open) //green
c3 = (Close < Open) //red
c4 = (high < high[1])//lowerhigh
c5 = (high > high[1])//higherhigh
//MACDLiniex = MACDline[12,26,9](close) > 0
MA5xx  = Average[3,1](typicalprice) //close
MA10xx  = Average[10,1](typicalprice) //close
MA15xx = Average[15,1](typicalprice) //15,1 close
mylongx   = MA15xx > MA15xx[1] //and MA5xx > MA15xx// and MA10xx > MA15xx

MA5xxs  = Average[19,1](typicalprice) //close
//MA10xx  = Average[m2,1](typicalprice)
MA15xxs = Average[20,1](typicalprice) //15,1...40,6 close
//MA100xx  = Average[m3,1](typicalprice) //close
myshortx   = MA15xxs < MA15xxs[1] and MA5xxs < MA15xxs //and MA10xx < MA15xx
//mylongx2   = MA100xx > MA100xx[1]
shortcond = myshortx

timeframe(default)
once tradeOn = 1
if intradayBarIndex = 0 then
tradeOn = 1
endif
tradeBar = barCount
if  not onMarket and tradeBar<>tradeBar[1] then
tradeOn = 1
endif


//Volaititätfilter
AvgRange = average[20,0](range)
TradeOFF  = range > (AvgRange * 3) //no trading if the current range > twice its average //3


//myshort = MA < MA[1]

// trading window
ONCE BuyTime  = 080000
ONCE SellTime = 215500
 
// position management
IF Time >= BuyTime AND Time <= SellTime THEN

If not onmarket and close crosses over c1 and mylongx and c3 and tradeOn Then //and not c5
Buy PositionSize CONTRACTS AT MARKET
SET STOP %LOSS 0.9 //100
SET TARGET %PROFIT 1 //125

tradeOn = 0
ENDIF

If not onmarket and close crosses over c1 and mylongx and c2 and tradeOn Then //and not TradeOFF and c3  close crosses over c1
Buy PositionSize CONTRACTS AT MARKET
SET STOP %LOSS 0.8 //100
SET TARGET %PROFIT 1 //125

tradeOn = 0
ENDIF

If not onmarket and close crosses under D1 and shortcond and tradeOn Then
sellshort PositionSize CONTRACTS AT MARKET
SET STOP %LOSS 0.7 //0.8
SET TARGET %PROFIT 0.8 //1

tradeOn = 0
ENDIF

endif


if time = 220000 and dayofweek=5 and (PositionPerf * PositionPrice / PipSize) >= 5 then  //
sell at market
exitshort at market
endif

////////////////////////////////////////
// %trailing stop function incl. cumulative positions
once trailingstoptype = 1
if trailingstoptype then
//====================
trailingpercentlong  = 0.32 // %
trailingpercentshort = 0.55 // %
once acceleratorlong = 0.015 // typically tst*0.1
once acceleratorshort= 0.025 // typically tss*0.1
ts2sensitivity  = 2 // [1] close [2] high/low [3] low/high [4] typicalprice
//====================
once steppercentlong  = (trailingpercentlong/10)*acceleratorlong
once steppercentshort = (trailingpercentshort/10)*acceleratorshort
if onmarket then
trailingstartlong = positionprice*(trailingpercentlong/100)
trailingstartshort = positionprice*(trailingpercentshort/100)
trailingsteplong = positionprice*(steppercentlong/100)
trailingstepshort = positionprice*(steppercentshort/100)
endif

if not onmarket or ((longonmarket and shortonmarket[1]) or (longonmarket[1] and shortonmarket)) then
newsl           = 0
mypositionprice = 0
endif
positioncount = abs(countofposition)
if newsl > 0 then
if positioncount > positioncount[1] then
if longonmarket then
newsl = max(newsl,positionprice * newsl / mypositionprice)
else
newsl = min(newsl,positionprice * newsl / mypositionprice)
endif
endif
endif
if ts2sensitivity=1 then
ts2sensitivitylong=close
ts2sensitivityshort=close
elsif ts2sensitivity=2 then
ts2sensitivitylong=high
ts2sensitivityshort=low
elsif ts2sensitivity=3 then
ts2sensitivitylong=low
ts2sensitivityshort=high
elsif ts2sensitivity=4 then
ts2sensitivitylong=(typicalprice)
ts2sensitivityshort=(typicalprice)
endif
if longonmarket then
if newsl=0 and ts2sensitivitylong-positionprice>=trailingstartlong then
newsl = positionprice+trailingsteplong + 0.2
endif
if newsl>0 and ts2sensitivitylong-newsl>=trailingsteplong then
newsl = newsl+trailingsteplong
endif
endif
if shortonmarket then
if newsl=0 and positionprice-ts2sensitivityshort>=trailingstartshort then
newsl = positionprice-trailingstepshort
endif
if newsl>0 and newsl-ts2sensitivityshort>=trailingstepshort then
newsl = newsl-trailingstepshort
endif
endif
if barindex-tradeindex>1 then
if longonmarket then
if newsl>0 then
sell at newsl stop
endif
if newsl>0 then
if low crosses under newsl then
sell at market
endif
endif
endif
if shortonmarket then
if newsl>0 then
exitshort at newsl stop
endif
if newsl>0 then
if high crosses over newsl then
exitshort at market
endif
endif
endif
endif
mypositionprice = positionprice
endif

if (shortonmarket and newsl > 0) or (longonmarket and newsl>0) then
if positioncount > positioncount[1] then
if longonmarket then
newsl = max(newsl,positionprice * newsl / mypositionprice)
endif
if shortonmarket then
newsl = min(newsl,positionprice * newsl / mypositionprice)
endif
endif
endif
//////////////////////////////////////////////////////////////

3Mbreak.jpg

I made a quick attempt to add short to this but it didn’t seem worth it, I’ll have another try when I get time.

This is a minor revision to my long version, trying to get the DD as low as poss (positionsize = 0.5)

These are the key changes:

timeframe(4 hour, updateonclose)
H4 = high

MA = Average[p,t](close)
cb1   = MA > MA[1]

timeframe(15 minutes)
mb = average[p1,t1](typicalprice)
cb4 = mb > mb[1]

timeframe(default)
ST = SuperTrend[m,n]
STa = SAR[q,w,e]
cb2 = (close > ST) or (close > STa)

cb3 = close crosses over H4

NAS-5m-Breakout-v3.2.jpg NAS-5m-Breakout-v3.2.itf

Thanks alot for the input nonetheless. I made an attempt for long/short-version.
Do u guys see any improvements? nonetheless, robertogozzi, phoentzs?
I want to get rid of the big drawdown in december 2021.

Backtest with Size 0.5
CUMULATEORDERS = false

NAS-5m-Breakout-v3.3.itf nas3.3-2017.jpg nas3.3-2010.jpg