Hi, I have a very short term system which I’m sharing to see if anyone have some ideas about how to improve it. I’m very well aware of that the spread is eating up a lot of the profit  on the shorter timeframe but even if the return is not very impressive, after the first three months of my test, it still looks stable so something must be right. Ideas about how to better capture short term momentum would be great. I have at the moment filtered out consolidations with the Bollinger bandwidth. The backtest is using 1 pip spread.

DEFPARAM CumulateOrders = False // Cumulating positions deactivated

// Prevents the system from creating new orders to enter the market or increase position size before the specified time
timeEnterBefore = time >= 070000

// Prevents the system from placing new orders to enter the market or increase position size after the specified time
timeEnterAfter = time < 220000

// Prevents the system from placing new orders on specified days of the week
daysForbiddenEntry = OpenDayOfWeek = 6 OR OpenDayOfWeek = 0

// Conditions to enter long positions
indicator1 = TEMA[21](close)
indicator2 = Average[300](close)
c1 = (indicator1 > indicator2)
indicator3 = BollingerBandWidth[50](close)
c2 = (indicator3 > 0.003)
indicator4 = CCI[20]
c3 = (indicator4 CROSSES OVER -110)

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

// Conditions to exit long positions
indicator5 = CCI[20]
c4 = (indicator5 CROSSES OVER 210)

IF c4 THEN
SELL AT MARKET
ENDIF

// Conditions to enter short positions
indicator6 = TEMA[21](close)
indicator7 = Average[300](close)
c5 = (indicator6 < indicator7)
indicator8 = BollingerBandWidth[50](close)
c6 = (indicator8 > 0.003)
indicator9 = CCI[20]
c7 = (indicator9 CROSSES UNDER 160)

IF (c5 AND c6 AND c7) AND timeEnterBefore AND timeEnterAfter AND not daysForbiddenEntry THEN
SELLSHORT 1 CONTRACT AT MARKET
ENDIF

// Conditions to exit short positions
indicator10 = CCI[20]
c8 = (indicator10 CROSSES UNDER -210)

IF c8 THEN
EXITSHORT AT MARKET
ENDIF

// Stops and targets
SET STOP pLOSS 25

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