EURGBP and EURUSD strategy 5mins

• 05/22/2020 at 2:19 PM #132326
  jays1

  Strategy seems to work well on EURGBP and EURUSD 5 mins. Haven’t tested it on other markets.

  Any suggestions to improve the strategy would be appreciated.

  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated //20 bar restriction saying a new trade cant be entered into until x bars have passed since a long or short position was exited. The no of bars is defined as the number in the quote "BarCount > ____". ONCE BarCount = 0 ONCE TradeON = 1 //1=trading allowed 0=trading disbaled IF LongOnMarket OR ShortOnMarket AND Not LongOnMarket[1] AND Not ShortOnMarket[1] THEN TradeON = 0 //disable trading BarCount = 0 //reset counter ENDIF IF Not LongOnMarket And Not ShortOnMarket THEN //Increase counter when not on market BarCount = BarCount + 1 ENDIF IF BarCount > 1 THEN TradeON = 1 ENDIF // Conditions to enter long positions c1 = (open > close) IF c1 AND TradeON THEN BUY 1 SHARES AT MARKET ENDIF // Conditions to exit long positions c2 = (open < close) IF c2 THEN SELL AT MARKET ENDIF // Conditions to enter short positions c3 = (open < close) IF c3 AND TradeOn THEN SELLSHORT 1 SHARES AT MARKET ENDIF // Conditions to exit short positions c4 = (open > close) IF c4 THEN EXITSHORT AT MARKET ENDIF

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  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated   //20 bar restriction saying a new trade cant be entered into until x bars have passed since a long or short position was exited. The no of bars is defined as the number in the quote "BarCount > ____". ONCE BarCount = 0 ONCE TradeON  = 1           //1=trading allowed     0=trading disbaled IF LongOnMarket OR ShortOnMarket AND Not LongOnMarket[1] AND Not ShortOnMarket[1] THEN TradeON  = 0             //disable trading BarCount = 0             //reset counter ENDIF IF Not LongOnMarket And Not ShortOnMarket THEN    //Increase counter when not on market BarCount = BarCount + 1 ENDIF IF BarCount > 1 THEN TradeON = 1 ENDIF   // Conditions to enter long positions c1 = (open > close)   IF c1 AND TradeON THEN BUY 1 SHARES AT MARKET ENDIF   // Conditions to exit long positions c2 = (open < close)   IF c2 THEN SELL AT MARKET ENDIF   // Conditions to enter short positions c3 = (open < close)   IF c3 AND TradeOn THEN SELLSHORT 1 SHARES AT MARKET ENDIF   // Conditions to exit short positions c4 = (open > close)   IF c4 THEN EXITSHORT AT MARKET ENDIF

   

  

  jays1

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  05/22/2020 at 2:21 PM #132830
  Nicolas

  Thanks, but I think you forgot to add the spread  fee during your backtests.

  1 user thanked author for this post.

  Nole djole

  

  Nicolas

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  05/22/2020 at 2:43 PM #132836
  Nole djole

  Hi, Nicolas can you help solve a problem.Thank you i love your work§

  

  Nole djole

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