Greetings to the ProRealCode community!

This system was made for fun and practice as I am new to programming.  It is very straightforward, using multiple time-frames and indicators to filter trades which are launched from the 5m timeframe.

This system is purely experimental and probably curve fitted to a large extent. However, I did try to optimize some of the variables and I performed a number walk-forward tests.  It was fun playing with different indicators and using the WF tool!

DEFPARAM CUMULATEORDERS = false

// Prevents the system from creating new orders to enter the market or increase position size before the specified time
noEntryBeforeTime = 080000
timeEnterBefore = time >= noEntryBeforeTime

// Prevents the system from placing new orders to enter the market or increase position size after the specified time
noEntryAfterTime = 183000
timeEnterAfter = time < noEntryAfterTime

// Prevents the system from placing new orders on specified days of the week
daysForbiddenEntry = OpenDayOfWeek = 5 OR OpenDayOfWeek = 2


//Establish a trend on a higher timeframe - 4hr
timeframe(4 hour,updateonclose)
MA24 = average[5]
Rplse1 = Repulse[5](close)

c2 = close > MA24
c3 = Rplse > 0
c5 = close < MA24
c6 = Rplse < 0
c7 = Rplse1 > 0
c8 = Rplse1 < 0

//Filter a trend on a medium timeframe - 1hr
timeframe (1 hour, updateonclose)
Rplse = Repulse[5](close)
MA20 = average[20]

cA = MA20 < close
cB = MA20 > close
cC = RocnRoll(close) < 2 and RocnRoll(close) > -1
cD = RocnRoll(close) > 1 

exitL1 = RSI[14](close)> 80
exitS1 = RSI[14](close)< 20

//These conditions nested together establish direction of the trend.  The system will only trade in the direction of trend
bullT = (c2 AND c3 AND cA AND c7 and cC)
bearT = (c5 AND c6 AND cB AND c8 and cD)

//This is the timeframe from which entry signals will be activated
timeframe(5 minute, default)

//buy entry conditions
buyC =  Repulse[5](close) crosses over 0
IF bullT AND buyC AND (timeEnterBefore AND timeEnterAfter AND NOT daysForbiddenEntry) THEN
buy at market
set stop trailing AverageTrueRange[14](close)*3.5
ENDIF

// Conditions to exit long positions
ExitL = RocnRoll(close) > 1 and RocnRoll(close) < 1

IF ExitL or exitl1 THEN
SELL AT MARKET
ENDIF

//sell entry conditions
sellC =  Repulse[5](close) crosses under 0
IF bearT AND sellC AND (timeEnterBefore AND timeEnterAfter AND NOT daysForbiddenEntry) THEN
sellshort at market
set stop trailing AverageTrueRange[14](close)*3.5
endif

//conditions to exit short positions
ExitS = RocnRoll(close) < 2

IF ExitS or exits1 THEN
exitshort at market
ENDIF

Thanks everyone

J

Detailed-report.png Detailed-report1.png