EMA Deep USD/JPY 1H

M. Pettersson · 2017-08-06T16:36:33+00:00

//————————————————————————- // Morgan Pettersson 2017-08-06 //————————————————————————- defparam preloadbars = 300 DEFPARAM CumulateOrders = true // Cumulating positions activated mdays = 26 myStoploss = 30 myProfit = 48 myLots = 1 EMA20=ExponentialAverage[20](close) EMA50=ExponentialAverage[50](close) EMA200=ExponentialAverage[200](close) //UpTrend c1 = summation[mdays](ema20>ema50)=mdays c2 = summation[mdays](ema50>ema200)=mdays UpTrend = c1 and c2 //Bullish Dip PinBar ema20 c3 = low ema20 c4 = close > open c5 = abs(open-close)/abs(open-low) <= 0.5 BullishDipCondition = c3 and c4 and c5 //************************************* //Conditions to enter long positions //************************************* IF UpTrend and BullishDipCondition THEN IF SHORTONMARKET THEN EXITSHORT AT MARKET ENDIF BUY myLots CONTRACT AT MARKET SET STOP pTRAILING myStopLoss SET TARGET pPROFIT myProfit ENDIF //DownTrend d1 = summation[mdays](ema20 ema20 and close < ema20 d4 = close < open d5 = abs(close-open)/abs(high-open) <= 0.5 BearishDipCondition = d3 and d4 and d5 //************************************* //Conditions to enter short positions //************************************** IF DownTrend and (BearishDipCondition) THEN IF LONGONMARKET THEN SELL AT MARKET ENDIF SELLSHORT myLots CONTRACT AT MARKET SET STOP pTRAILING myStopLoss SET TARGET pPROFIT myProfit ENDIF

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08/06/2017 at 5:36 PM #42545 quote

M. Pettersson
Participant

Average

//————————————————————————-

// Morgan Pettersson 2017-08-06

//————————————————————————-

defparam preloadbars = 300
DEFPARAM CumulateOrders = true // Cumulating positions activated

mdays = 26
myStoploss = 30
myProfit = 48
myLots = 1

EMA20=ExponentialAverage[20](close)
EMA50=ExponentialAverage[50](close)
EMA200=ExponentialAverage[200](close)

//UpTrend
c1 = summation[mdays](ema20>ema50)=mdays
c2 = summation[mdays](ema50>ema200)=mdays
UpTrend = c1 and c2

//Bullish Dip PinBar ema20
c3 = low < ema20 and close > ema20
c4 = close > open
c5 = abs(open-close)/abs(open-low) <= 0.5
BullishDipCondition = c3 and c4 and c5

//*************************************
//Conditions to enter long positions
//*************************************

IF UpTrend and BullishDipCondition THEN
IF SHORTONMARKET THEN
EXITSHORT AT MARKET
ENDIF
BUY myLots CONTRACT AT MARKET
SET STOP pTRAILING myStopLoss
SET TARGET pPROFIT myProfit
ENDIF

//DownTrend
d1 = summation[mdays](ema20<ema50)=mdays
d2 = summation[mdays](ema50<ema200)=mdays
DownTrend = d1 and d2

//Bearish dip
d3 = high > ema20 and close < ema20
d4 = close < open
d5 = abs(close-open)/abs(high-open) <= 0.5
BearishDipCondition = d3 and d4 and d5

//*************************************
//Conditions to enter short positions
//**************************************
IF DownTrend and (BearishDipCondition) THEN
IF LONGONMARKET THEN
SELL AT MARKET
ENDIF
SELLSHORT myLots CONTRACT AT MARKET
SET STOP pTRAILING myStopLoss
SET TARGET pPROFIT myProfit
ENDIF

screen-1502033226cpl84.png

08/06/2017 at 5:39 PM #42552 quote

Nicolas
Keymaster

Legend

Hi, thanks for sharing your automated trading strategy on USD/JPY. Because your post do not has any explanation, I only tried to simulate the same period on my own platform. Unfortunately, I do not get the same results as yours. Could you please explain us a bit how it works, the timeframe used, spread and any other useful information you could share. Thanks gain for sharing your code with the community, much appreciated 🙂

08/07/2017 at 2:26 PM #42677 quote

M. Pettersson
Participant

Average

Hello!

Is it because i did not write enough explanation that it did not fit in the library?

Should i do another post with more explanation or put my text here?

/Morgan

08/07/2017 at 6:24 PM #42701 quote

Nicolas
Keymaster

Legend

I need to review the code and obtain the same results as you, because a lot of people will download it and try it, I want to be sure everything is ok. I also need some explanations of coursen thanks in advance 🙂

08/07/2017 at 9:16 PM #42711 quote
M. Pettersson
Participant

Average
USA/JPY mini 1 Hour

Trades from 1 jan 2017 08:00 to 4 aug 22:00.

Spread IG 0.7.

I define an uptrend if EMA20 >EMA>50EMA200

downtrend EMA20<EMA50<EMA200

If there is a pullback in an uptrend back to EMA20 and with a bullish pinbar I buy.

And the precise opposite in an downtrend.

I have had some problems with devisionwith zero that I dont really understand.

Some small changes in this code:
```
// Definition of code parameters
defparam preloadbars = 600
DEFPARAM CumulateOrders = true // Cumulating positions deactivated

mydays = 26
myStoploss = 30
myProfit = 48
myLots = 1

var = 0.2

EMA20=ExponentialAverage[20](close)
EMA50=ExponentialAverage[50](close)
EMA200=ExponentialAverage[200](close)

//UpTrend
c1 = summation[mydays](ema20>ema50)=mydays
c2 = summation[mydays](ema50>ema200)=mydays
UpTrend = c1 and c2

//Bullish Dip PinBar ema20
c3 = low < ema20 and close > ema20
c4 = close > open
if(open-low > 0) then
c5 = abs(open-close)/abs(open-low) <= var
endif
BullishDipCondition = c3 and c4 and c5

//DownTrend
d1 = summation[mydays](ema20<ema50)=mydays
d2 = summation[mydays](ema50<ema200)=mydays
DownTrend = d1 and d2
//Bearish dip
d3 = high > ema20 and close < ema20
d4 = close < open
if(high-open > 0) then
d5 = abs(close-open)/abs(high-open) <= var
endif

BearishDipCondition = d3 and d4 and d5



//*************************************
//Conditions to enter long positions
//*************************************
IF UpTrend and (BullishDipCondition) THEN
IF SHORTONMARKET THEN
EXITSHORT AT MARKET
ENDIF

BUY myLots CONTRACT AT MARKET
SET STOP pTRAILING myStopLoss
//SET STOP ploss myStopLoss
SET TARGET pPROFIT myProfit

ENDIF
//*************************************
//Conditions to enter short positions
//**************************************
IF DownTrend and (BearishDipCondition) THEN
IF LONGONMARKET THEN
SELL AT MARKET
ENDIF

SELLSHORT myLots CONTRACT AT MARKET
SET STOP pTRAILING myStopLoss
//SET STOP ploss myStopLoss
SET TARGET pPROFIT myProfit

ENDIF
```
usajpy1hour.jpg
08/07/2017 at 10:52 PM #42718 quote

Despair
Blocked

Master

Your strategy does great from november 2015 onward. Before it doesn’t work so well. Have you optimized over this period?

08/07/2017 at 11:15 PM #42720 quote

M. Pettersson
Participant

Average

Yes that sounds about right. I only have a demo account at IG so i think thats all the data i got.

08/08/2017 at 9:04 AM #42731 quote

Despair
Blocked

Master

Which parameters did you optimize?

08/08/2017 at 9:45 AM #42736 quote

M. Pettersson
Participant

Average

None. The trend check is some standard values for ema that i use when i manuelly trade.

I developed the strategy and then tested it on different intrument. It worked best on USA/JPY and its my favourite for manuell trading so i used it.

I have changed the size of the pinbar to 0.2 from 0.5. The var varible. But I’m not sure if it’s for the better or not 🙂

/Morgan

08/08/2017 at 10:22 AM #42740 quote

Despair
Blocked

Master

I see. Like I said, the last 18 months or so it worked great but before it didn’t. I will have a closer look at it when I have time. Thanks for sharing.

08/09/2017 at 9:45 AM #42790 quote

M. Pettersson
Participant

Average

Yesterday i got division by zero again. I dont know why?

08/09/2017 at 9:10 PM #42835 quote

JC_Bywan
Moderator

Master

Hi, having a quick read at your code, you have c5 and d5 with respectively open-low and high-open at denominator. So just a guess with good probability: your division by zero message probably matches candles for which open=low or open=high

10/29/2017 at 3:32 PM #50824 quote

M. Pettersson
Participant

Average

What more can I do to avoid division with zero?

This coding language is really limited. No error handeling ..

c = abs(close-open)
d = abs(high-open)

if d > 0 then
b = (c/d) <= 0.5
endif

10/29/2017 at 6:23 PM #50832 quote

Nicolas
Keymaster

Legend

” Graph d” to view your variable in the backtest window.
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