This is going to bed till weekend now. final punt for the day is to increase the c21m to 16 or 17, change the trail to 28 with a 7 step and lose all the stopouts… less trades but no stopouts in 6 months. It has some significant drawdowns during trade mind but retains good gains and no losses.,

Results are swings and roundabouts, but for me the same return with no stopouts is preferable, albeit you can increase the return with a dropout, lower value accounts can manage better.

For me looking at this you can risk 20p per pip, risk 6% on account and gain about 80% a year with 20p per pip per £1K…

Risking 1% of account gives abut 26% I assume, and 2% about 53% per £1K but with no stopouts in last 6 mnths being risk free it could soon be built up without risking capital….

// Main code : Grahal 1 min test code timed
//-------------------------------------------------------------------------
Defparam cumulateorders = false
td1         = 1 AND OpenDayOfWeek = 1 AND OpenTime >= 070000 AND OpenTime <= 205500  //Monday
td2         = 1 AND OpenDayOfWeek = 2 AND OpenTime >= 070000 AND OpenTime <= 205500  //Tuesday
td3         = 1 AND OpenDayOfWeek = 3 AND OpenTime >= 070000 AND OpenTime <= 205500  //Wednesday
td4         = 1 AND OpenDayOfWeek = 4 AND OpenTime >= 070000 AND OpenTime <= 205500  //Thursday
td5         = 1 AND OpenDayOfWeek = 5 AND OpenTime >= 070000 AND OpenTime <= 205500 //Friday
 
 
tdCond      = td1 OR td2 OR td3 OR td4 OR td5
//-------------------------------------------------------------------------
//-------------------------------------------------------------------------
// Code principal : CANDLE
//-------------------------------------------------------------------------
 
n = 1
 
timeframe(15 minute,updateonclose)
c160m = open > open[1] and close > close[1] and close > open
 
 
timeframe(1 minute,updateonclose)
c11m = open > open[1] and close > close[1]
c21m = abs(close-open) >=16
c31m = abs(close[1]-open[1])
c41m = c31m > c21m
 
timeframe(default)
c1def = open > open[1] and close > close[1]
c2def = abs(close-open) >= 1
 
 
 
IF not longonmarket and c1def and c11m and c21m and c41m and c2def and c1def and c160m and Close crosses over Supertrend[12,4] and tdcond then
BUY N contracts at market
set stop ploss 300
ENDIF
 
//if Summation[A29](Open - Close) > B29 then
//sell at market
//endif
 
//************************************************************************
//trailing stop function
trailingstart = 28 //A35 //19 //trailing will start @trailinstart points profit
trailingstep = 7 //A36 // 7 //trailing step to move the "stoploss"
 
//reset the stoploss value
IF NOT ONMARKET THEN
newSL=0
ENDIF
 
//manage long positions
IF LONGONMARKET THEN
//first move (breakeven)
IF newSL=0 AND close-tradeprice(1)>=trailingstart*pipsize THEN
newSL = tradeprice(1)+trailingstep*pipsize
ENDIF
//next moves
IF newSL>0 AND close-newSL>=trailingstep*pipsize THEN
newSL = newSL+trailingstep*pipsize
ENDIF
ENDIF
 
//manage short positions
IF SHORTONMARKET THEN
//first move (breakeven)
IF newSL=0 AND tradeprice(1)-close>=trailingstart*pipsize THEN
newSL = tradeprice(1)-trailingstep*pipsize
ENDIF
//next moves
IF newSL>0 AND newSL-close>=trailingstep*pipsize THEN
newSL = newSL-trailingstep*pipsize
ENDIF
ENDIF
 
//stop order to exit the positions
IF newSL>0 THEN
SELL AT newSL STOP
EXITSHORT AT newSL STOP
ENDIF

Grahal-1-min-no-stopouts.jpg

Just a brief observation of TP v Trail.

A TP of 28 gives a more averaged monthly/weekly return. Depends on preferences, TP here was set to 28 the original trail start. Something to look at for more averaged monthly /weekly returns rather than rely on disproportionate runs…

Pics attached

Noticed name not changed there, I’ll do now..

G-take-profit.jpg G-monthly-return.jpg

here’s both in one code

//-------------------------------------------------------------------------
// Main code : Makside DJI M1 v1
//-------------------------------------------------------------------------
// Adjusted to EURUSD , 0,9 pip spread, 1m, v2p
//-------------------------------------------------------------------------
// Code principal : CANDLE
//-------------------------------------------------------------------------
defparam cumulateorders = false
defparam preloadbars    = 2000

once tradetype          = 2 //1LS 2L 3S
once reenter            = 1 //1ON
once positionperftype   = 1 //0LG 1L 2G
once positionperfvalue  = 0.05 //%

once positionsize       = 1

once stochasticrsi      = 1
once st                 = 1

once closetime=225500

once sl=1
once pt=0.5

once overnightposition  = 1
once weekendposition    = 0

ctime = 1 //hour>=8 and hour<22

timeframe(15 minute,updateonclose)
//long
c160m = open > open[1] and close > close[1] and close > open
//short
c160s = open < open[1] and close < close[1] and close < open

timeframe(default)
//long
c11m = open > open[1] and close > close[1]
c21m = abs(close[0]-open[0])>(close/10000)*2
c31m = abs(close[1]-open[1])
c41m = c31m > (c21m/10000)
//short
c11s = open < open[1] and close < close[1]
c21s = abs(close[0]-open[0])>(close/10000)*1.4
c31s = abs(close[1]-open[1])
c41s = c31s > (c21s/10000)


condbuy = c11m and c21m and c41m and c160m
condsell= c11s and c21s and c41s and c160s

if st=1 then
c3def = Supertrend[2,12]
condbuy = condbuy and close > c3def
condsell= condsell and close < c3def
endif

//Stochastic RSI | indicator
if stochasticrsi then
lengthRSI   = 2 //RSI period
lengthStoch = 4 //Stochastic period
smoothK     = 6 //Smooth signal of stochastic RSI
smoothD     = 6 //Smooth signal of smoothed stochastic RSI
myRSI  = RSI[lengthRSI](totalprice)
MinRSI = lowest[lengthStoch](myrsi)
MaxRSI = highest[lengthStoch](myrsi)
StochRSI = (myRSI-MinRSI) / (MaxRSI-MinRSI)
K = average[smoothK](stochrsi)*100
D = average[smoothD](K)
c13 = K>D
c14 = K<D
condbuy = condbuy and c13 and not c13[1]
condsell = condsell and c14 and not c14[1]
endif

// entry criteria
if ctime then
if (tradetype=1 or tradetype=2) then
if condbuy and not longonmarket then
buy positionsize contract at market
if tradetype=1 then
set stop %loss sl
set target %profit pt
elsif tradetype=2 then
set stop %loss sl
set target %profit pt
endif
endif
endif
if (tradetype=1 or tradetype=3) then
if condsell and not shortonmarket then
sellshort positionsize contract at market
if tradetype=1 then
set stop %loss sl
set target %profit pt
elsif tradetype=3 then
set stop %loss sl
set target %profit pt
endif
endif
endif
if reenter then
if positionperftype=1 then
positionperformance=positionperf(0)*100<-positionperfvalue
elsif positionperftype=2 then
positionperformance=positionperf(0)*100>positionperfvalue
else
positionperformance=((positionperf(0)*100)<-positionperfvalue or (positionperf(0)*100)>positionperfvalue)
endif
if (tradetype=1 or tradetype=2) then
if condbuy and longonmarket and positionperformance then
sell at market
endif
if condbuy[1] and not longonmarket then
buy positionsize contract at market
if tradetype=1 then
set stop %loss sl
set target %profit pt
elsif tradetype=2 then
set stop %loss sl
set target %profit pt
endif
endif
endif
if (tradetype=1 or tradetype=3) then
if condsell and shortonmarket and positionperformance then
exitshort at market
endif
if condsell[1] and not shortonmarket then
sellshort positionsize contract at market
if tradetype=1 then
set stop %loss sl
set target %profit pt
elsif tradetype=3 then
set stop %loss sl
set target %profit pt
endif
endif
endif
endif
else
if longonmarket and condsell then
//sell at market
endif
if shortonmarket and condbuy then
//exitshort at market
endif
endif


/// trailing stop percentage
once trailingstoptype=1

if trailingstoptype then
once trailingpercent = 0.165
once steppercent     = (trailingpercent/10)*1
if onmarket then
trailingstart = tradeprice(1)*(trailingpercent/100)
trailingstep = tradeprice(1)*(steppercent/100)
endif
if not onmarket or ((longonmarket and shortonmarket[1]) or (longonmarket[1] and shortonmarket)) then
newsl=0
endif
if longonmarket then
if newsl=0 and low-tradeprice(1)>=trailingstart then
newsl = tradeprice(1)+trailingstep
endif
if newsl>0 and low-newsl>trailingstep then
newsl = newsl+trailingstep
endif
endif
if shortonmarket then
if newsl=0 and tradeprice(1)-high>=trailingstart then
newsl = tradeprice(1)-trailingstep
endif
if newsl>0 and newsl-high>trailingstep then
newsl = newsl-trailingstep
endif
endif
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

if not overnightposition then
if time>=closetime then
sell at market
exitshort at market
endif
endif

if not weekendposition then
if (dayofweek=5 and time>=closetime) then
exitshort at market
sell at market
endif
endif

Screenshot-2020-08-25-at-17.11.35.jpg Screenshot-2020-08-25-at-17.11.14.jpg