Discussion BRENT CRUDE OIL strategy

Hi,

I found an old strategy made by @Elsborgtradern and I though of bringing it into this forum so we all could work on a better version. It doesnt have an tp or sl so thats what I´ve been working on. Ill post the code.

Thanks,,

.

//-------------------------------------------------------------------------
//TDI OIL Brent Crude (1£ Contracts) 2H Credit to ElsborgTrading
//
//-------------------------------------------------------------------------

// code-Parameter
DEFPARAM CumulateOrders = true

//DEFPARAM FlatAfter = 230000
//DEFPARAM Flatbefore = 030000

//MONEY MGT//

Equity = (Strategyprofit+20000)
Risk = round(Equity/100000)
Losses = positionperf(1)<0 and positionperf(2)<0 and positionperf(3)<0
streak = positionperf(1)>0 and positionperf(2)>0 and positionperf(3)>0
Streak2= positionperf(1)>0 and positionperf(2)>0 and positionperf(3)>0 and positionperf(4)>0
if losses then
PositionSize  = max(abs(round(max(3+risk-2,risk-2))),2)
elsif not losses then
PositionSize  = max(abs(round(max(3+risk,risk))),2)
endif
if streak then
PositionSize  = max(abs(round(max(5+risk,risk))),2)
endif
if streak2 then
PositionSize  = max(abs(round(max(7+risk,risk))),2)
endif


//TDI indicator
//parameters :
lengthrsi=13
lengthrsipl=2
lengthtradesl=7

//overbought and oversold values of the TDI indicator
upperzone = 65
lowerzone = 7
//upperzone = upz
//lowerzone = loz

//heiken ashi
xClose = (Open+High+Low+Close)/4
if(barindex>2) then
xOpen = (xOpen[1] + xClose[1])/2
xHigh = Max(xOpen, xClose)
xLow = Min(xOpen, xClose)
endif

//indicators
r = rsi[lengthrsi](close)
mab = average[lengthrsipl](r)
mbb = average[lengthtradesl](r)
yellowMA = average[5](TypicalPrice)
yellowMAshifted = yellowMA[2]

//trade conditions
longCondition = mab crosses over mbb AND mab<50 AND xHigh>yellowMAshifted
shortCondition = mab crosses under  mbb AND mab>51 AND xLow<yellowMAshifted

//Longsell=mab crosses under mbb AND mab<upperzone and mab>56 AND xlow>yellowMAshifted
//Shortexit= mab crosses over mbb AND mab>lowerzone and mab<56 AND xhigh>yellowMAshifted
Longsell=mab crosses under mbb AND mab<upperzone and mab>55 AND xlow>yellowMAshifted
Shortexit= mab crosses over mbb AND mab>lowerzone and mab<58 AND xhigh>yellowMAshifted
//Longsell2=mab crosses under lowerzone
//Shortexit2=mab crosses over upperzone
//***************************

// open position
// long
IF Not LONGONMARKET AND longcondition THEN
BUY PositionSize CONTRACT AT MARKET
ENDIF

// short
IF Not SHORTONMARKET AND shortCondition THEN
SELLSHORT PositionSize CONTRACT AT MARKET
ENDIF

// close position

IF LONGONMARKET and Longsell then//or longsell2 THEN
SELL AT MARKET
ENDIF
IF SHORTONMARKET and Shortexit then//or shortexit2 THEN
EXITSHORT  AT MARKET
ENDIF


// stop and profit
//SET STOP pLOSS sl
//SET TARGET pPROFIT tp