Combined Supertrend Further Discusion
- This topic has 42 replies, 9 voices, and was last updated 6 years ago by
.
-
We are all multimillionaires…
Try this : I just added my famous exponential growth routine.
Starting capital on 01.08.2010 is € 1000, and we start trading with only 1 initial DAX mini contract. The system reinvests profits and grows in position size until a maximum number of 1000 DAX mini contracts is reached.
123456789101112131415161718192021222324252627282930313233343536373839404142434445464748495051525354555657585960616263646566676869707172737475767778798081828384858687888990919293949596979899100101102103104105106107108109110111112113114115116117118119120121122123124125126127128129130131132133134135136137138139140141142143144145146147148149150151152153154155156157158159160161162163164165166167168169170171172173174175176177178179180181182183184185186187188189190191192193194195Defparam cumulateorders = false//exponential growth of position size - reinvestment of profitcp = countofpositionpp = positionperfpprice = positionpriceSP = strategyprofitnumber = 1 + ((SP + pp * pprice * ABS(cp)) / 250)n = round(number)If n <= 1 thenn = 1endifIf n > 1000 thenn = 1000endifpossize = n////////////////////////////////////////////////////////////////Andrew Abraham Trend Trader//Posted by @Nicolas in PRC Library/////////////////////////////////////////////////////////////Length = 21Multiplier = 3avrTR = weightedaverage[Length](AverageTrueRange[1](close))highestC = highest[Length](high)lowestC = lowest[Length](low)hiLimit = highestC[1]-(avrTR[1]*Multiplier)lolimit = lowestC[1]+(avrTR[1]*Multiplier)if(close > hiLimit AND close > loLimit) THENret = hiLimitELSIF (close < loLimit AND close < hiLimit) THENret = loLimitELSEret = ret[1]ENDIF///////////////////////////////////////////////////////////////Simplified supertrend (without volatility component ATR)//Posted by @verdi55 in PRC Library/////////////////////////////////////////////////////////////ONCE direction = 1ONCE STlongold = 0ONCE STshortold = 1000000000000factor = 0.005indicator1 = medianpriceindicator3 = closeindicator2 = indicator3 * factorSTlong = indicator1 - indicator2STshort = indicator1 + indicator2If direction = 1 and STlong < STlongold thenSTlong = STlongoldendifIf direction = -1 and STshort > STshortold thenSTshort = STshortoldendifIf direction = 1 and indicator3 < STlong thendirection = -1endifIf direction = -1 and indicator3 > STshort thendirection = 1endifSTlongold = STlongSTshortold = STshortIf direction = 1 thenST = STlongelseST = STshortendif///////////////////////////////////////////////////////////////PRC_adaptive SuperTrend (r-square method) | indicator//Posted by @Nicolas in PRC Library/////////////////////////////////////////////////////////////Period = 10mult = 2Data = customcloseSumX = 0SumXX = 0SumXY = 0SumYY = 0SumY = 0if barindex>Period then// adaptive r-squared periodsfor k=0 to period-1 dotprice = Data[k]SumX = SumX+(k+1)SumXX = SumXX+((k+1)*(k+1))SumXY = SumXY+((k+1)*tprice)SumYY = SumYY+(tprice*tprice)SumY = SumY+tpricenextQ1 = SumXY - SumX*SumY/periodQ2 = SumXX - SumX*SumX/periodQ3 = SumYY - SumY*SumY/periodiRsq=((Q1*Q1)/(Q2*Q3))avg = supertrend[mult,round(Period+Period*(iRsq-0.25))]EndIf//////////////////////////////////////////////////////////////////OriginalST = Supertrend[3,5]/////////////////////////////////////////////////////////////////margin = 7*pointsizeIf countofposition = 0 and abs(ret[1]-ST[1]) > margin and abs(ret-ST) > margin ThenIf close > ret and close > ST and close > avg ThenBuy possize contract at marketElsIf close < ret and close < ST and close < avg ThenSellshort possize contract at marketEndIfElsIf longonmarket and ((abs(ret[1]-ST[1]) < margin and abs(ret-ST) < margin) or ((close < ret and close < ST and close < avg and close < OriginalST) and (close[1] < ret[1] and close[1] < ST[1] and close[1] < avg[1] and close[1] < OriginalST[1]))) ThenSell at marketElsIf shortonmarket and ((abs(ret[1]-ST[1]) < margin and abs(ret-ST) < margin) or ((close > ret and close > ST and close > avg and close > OriginalST) and (close[1] < ret[1] and close[1] < ST[1] and close[1] > avg[1] and close[1] < OriginalST[1]))) ThenExitshort at marketEndIfSL = 20//15//20 // Initial SLTP = 0//30TSL = 1 // Use TSL?TrailingDistance =5// 20//20//20 // Distance from close to TSLTrailingStep =5// 20//20//3 // Pips locked at start of TSL//************************************************************************IF TSL = 1 THEN//reset the stoploss valueIF NOT ONMARKET THENnewSL = 0CAND = 0ENDIF//manage long positionsIF LONGONMARKET THEN//first move (breakeven)IF newSL = 0 AND CLOSE - TRADEPRICE(1) >= TrailingDistance*PipSize THENnewSL = TRADEPRICE(1) + TrailingStep*PipSizeENDIF//next movesCAND = BarIndex - TradeIndexIF newSL > 0 AND CLOSE[1] >= HIGHEST[CAND](CLOSE) THENnewSL = CLOSE[1] - TrailingDistance*PipSizeENDIFENDIF//manage short positionsIF SHORTONMARKET THEN//first move (breakeven)IF newSL = 0 AND TRADEPRICE(1) - CLOSE[1] >= TrailingDistance*PipSize THENnewSL = TRADEPRICE(1) - TrailingStep*PipSizeENDIF//next movesCAND = BarIndex - TradeIndexIF newSL > 0 AND CLOSE[1] <= LOWEST[CAND](CLOSE) THENnewSL = CLOSE[1] + TrailingDistance*PipSizeENDIFENDIF//stop order to exit the positionsIF newSL > 0 THENSELL AT newSL STOPEXITSHORT AT newSL STOPENDIFSET STOP pLOSS SLset target pprofit tpENDIFNow look at the result ! 40 Millions out of € 1000 within 8 years, constant growth, almost no drawdown. And all of this by simple combination of 4 different supertrends ! No parameter optimization required anymore, forever !
1 user thanked author for this post.
Find exclusive trading pro-tools on 
Similar topics:
