DC ADX 200 ema strategy please help

• 05/23/2021 at 5:14 PM #170211
  kalleklovn

  Hi gang,

  I need som help code a strategy using the DC (Donchain Channels) ADX (Average Directional Index) and 200 ema.

  This is how i want it to work.

  Long position : When price crosses midle of DC 20 and ADX is 25+ and price is over 200 EMA then buy. Stop loss goes on the lower band of DC(or a few pips under) and tak profitt is 1,5

  Short position: When price crosses midle of DC 20 and ADX is 25+ and price is under 200 EMA then sell. Stop loss goes on the uper band of DC(or a few pips over) and tak profitt is 1,5 more the the sl.

  If any one coud help me get this working it would be very nice 🙂

  If some thing is un clear please let me know.

  Have a great day

   

  

  kalleklovn

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  05/23/2021 at 6:25 PM #170212
  robertogozzi

  There you go (not tested);

  p     = 20 Upper = HIGHEST[p](High[1]) Lower = LOWEST[p](Low[1]) Middle= (Upper + Lower) / 2 Ema = average[200,1] MyAdx = adx[14] // L1 = close CROSSES OVER Middle L2 = close > Ema L3 = MyAdx >= 25 LS = (close - Lower) + 3*PipSize LT = LS * 1.5 // S1 = close CROSSES UNDER Middle S2 = close < Ema S3 = L3 SS = (Upper - close) + 3*PipSize ST = SS * 1.5 // // Long IF L1 and L2 and L3 and Not LongOnMarket THEN BUY 1 Contract at Market SET TARGET PROFIT LT SET STOP LOSS LS ENDIF // // Short IF S1 and S2 and S3 and Not ShortOnMarket THEN SELLSHORT 1 Contract at Market SET TARGET PROFIT ST SET STOP LOSS SS ENDIF

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  p     = 20 Upper = HIGHEST[p](High[1]) Lower = LOWEST[p](Low[1]) Middle= (Upper + Lower) / 2 Ema   = average[200,1] MyAdx = adx[14] // L1 = close CROSSES OVER  Middle L2 = close > Ema L3 = MyAdx >= 25 LS = (close - Lower) + 3*PipSize LT = LS * 1.5 // S1 = close CROSSES UNDER Middle S2 = close < Ema S3 = L3 SS = (Upper - close) + 3*PipSize ST = SS * 1.5 // // Long IF L1 and L2 and L3 and Not LongOnMarket THEN    BUY 1 Contract at Market    SET TARGET PROFIT LT    SET STOP    LOSS  LS ENDIF // // Short IF S1 and S2 and S3 and Not ShortOnMarket THEN    SELLSHORT 1 Contract at Market    SET TARGET PROFIT ST    SET STOP    LOSS  SS ENDIF

   

  

  robertogozzi

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  05/24/2021 at 7:29 AM #170220
  kalleklovn

  Thanks for the quick answer 🙂 Is there a way to integrate trailing SL? It would be nice to have the SL follow the DC.

  My struggle is here is. When in a long position and price going up. the DC also moves up and when the Price starts going down and the DC goes down the stop loss also moves causing the exit to be wrong.

  Note: I want the TP to be the same *1.5 just the trailing stop loss to follow the lower band of DC when going in one direction.

  This might be bad explained but hope you under stand 🙂

  And thanks again for your help.

  

  kalleklovn

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  05/24/2021 at 8:35 AM #170226
  robertogozzi

  There you go:

  p = 20 Upper = HIGHEST[p](High[1]) Lower = LOWEST[p](Low[1]) Middle= (Upper + Lower) / 2 Ema = average[200,1] MyAdx = adx[14] // L1 = close CROSSES OVER Middle L2 = close > Ema L3 = MyAdx >= 25 LS = (close - Lower) + 3*PipSize LT = LS * 1.5 // S1 = close CROSSES UNDER Middle S2 = close < Ema S3 = L3 SS = (Upper - close) + 3*PipSize ST = SS * 1.5 // // Long IF L1 and L2 and L3 and Not LongOnMarket THEN BUY 1 Contract at Market SET TARGET PROFIT LT SET STOP LOSS LS StopLoss = Lower - 3*PipSize ENDIF // // Short IF S1 and S2 and S3 and Not ShortOnMarket THEN SELLSHORT 1 Contract at Market SET TARGET PROFIT ST SET STOP LOSS SS StopLoss = Upper + 3*PipSize ENDIF IF LongOnMarket THEN StopLoss = max(StopLoss,Lower) SELL AT StopLoss STOP ELSIF ShortOnMarket THEN StopLoss = min(StopLoss,Upper) EXITSHORT AT StopLoss STOP ENDIF

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  p     = 20 Upper = HIGHEST[p](High[1]) Lower = LOWEST[p](Low[1]) Middle= (Upper + Lower) / 2 Ema   = average[200,1] MyAdx = adx[14] // L1 = close CROSSES OVER  Middle L2 = close > Ema L3 = MyAdx >= 25 LS = (close - Lower) + 3*PipSize LT = LS * 1.5 // S1 = close CROSSES UNDER Middle S2 = close < Ema S3 = L3 SS = (Upper - close) + 3*PipSize ST = SS * 1.5 // // Long IF L1 and L2 and L3 and Not LongOnMarket THEN    BUY 1 Contract at Market    SET TARGET PROFIT LT    SET STOP    LOSS  LS    StopLoss = Lower - 3*PipSize ENDIF // // Short IF S1 and S2 and S3 and Not ShortOnMarket THEN    SELLSHORT 1 Contract at Market    SET TARGET PROFIT ST    SET STOP    LOSS  SS    StopLoss = Upper + 3*PipSize ENDIF IF LongOnMarket THEN    StopLoss = max(StopLoss,Lower)    SELL AT StopLoss STOP ELSIF ShortOnMarket THEN    StopLoss = min(StopLoss,Upper)    EXITSHORT AT StopLoss STOP ENDIF

  

  robertogozzi

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  05/27/2021 at 9:10 AM #170580
  Vonasi

  kalleklovn – Topic moved to ProOrder forum which is the correct place for strategy coding questions.

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  Vonasi

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  05/27/2021 at 9:36 AM #170588
  murre87

  robertogozzi wrote:

  DC ADX 200 ema strategy

  Suits what market?

  

  murre87

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  05/27/2021 at 10:38 AM #170597
  robertogozzi

  Actually I don’t know, since it’s kalleklovn‘s idea, but it seems a general strategy that may suit multiple markets.

  I hope he may want to reply to your post 🙂

   

  

  robertogozzi

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  06/20/2021 at 10:28 AM #172051
  kalleklovn

  Hi sorry for the late reply.

  Thanks for the setup.
  I trade this on DAX, GBPUSD and EURJPY

  Cant get the same results as when I manually take the trades. I have used this strategy for some time and I know it works. I might be a bit more picky on some trades and that’s why the results are different. I’m running it on a demo account a comparing the results with what I get when placing manually.

  So far the Demo is down but I’m up. I se that some trades taken are a bit off. But then again the best trading way is alway manually 🙂

  I will try some tweaking and let you know what time frame is the best on what market 🙂

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  kalleklovn

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