DLow_Stochastic_long_4h

Hello friends,

I want to share a new controversy strategy with you – DLow_Stochastic_long_4h. It is basically very simple. Why controversy? With the assuming that at the Dow Jones, new heights will be reached in the long run anyway, this strategy works without a stop loss and only long. This means that there are no failures. So Of course, a high drawdown can occur at any time, but if the stake was kept low I would consider it possible not to destroy the account. If there is a loss, no purchases are made, as is the case with a martingale strategy. This strategy also works also in the 6 hour chart and also with changed parameters in the 5 minute chart. I tested it with a Spread of 2. I am looking forward to suggestions for improvement or criticism. 🙂

// Festlegen der Code-Parameter
DEFPARAM CumulateOrders = False // Kumulieren von Positionen deaktiviert

// Verhindert das Platzieren von neuen Ordern zum Markteintritt oder Vergrößern von Positionen vor einer bestimmten Uhrzeit
noEntryBeforeTime = 090000
timeEnterBefore = time >= noEntryBeforeTime

// Verhindert das Platzieren von neuen Ordern zum Markteintritt oder Vergrößern von Positionen nach einer bestimmten Uhrzeit
noEntryAfterTime = 180000
timeEnterAfter = time < noEntryAfterTime

// Verhindert das Trading an bestimmten Wochentagen
daysForbiddenEntry = OpenDayOfWeek = 6 OR OpenDayOfWeek = 0

// Bedingungen zum Einstieg in Long-Positionen
indicator1 = Stochastic[14,3](close)
indicator2 = Average[3](Stochastic[14,3](close))
c1 = (indicator1 CROSSES OVER indicator2)
indicator3 = Average[3](Stochastic[14,3](close))
c2 = (indicator3 < 20)
c3 = (close > DLow(1))

IF (c1 AND c2 AND c3) AND timeEnterBefore AND timeEnterAfter AND not daysForbiddenEntry THEN
BUY 1 CONTRACT AT MARKET
ENDIF

// Stops und Targets
SET TARGET $PROFIT 10

… you also can make the profit higher if you set the contract size bigger and set a “pProfit 10” or (8).

dlowstochasticlongh-15915297298lc4p.png DLow_Stochastic_long_4h.itf DLow_Stochastic_long_4h-1.itf dlowstochasticlongh-15915297298lc4p1.jpg