Fractal breakout intraday Strategy EUR/USD 1H –

ALE · 2017-04-16T08:44:03+00:00

Hello guys We can discuss about the strategy here, we can help together to develop the strategy . This is the strategy posted in the Library there : https://www.prorealcode.com/prorealtime-trading-strategies/fractal-breakout-intraday-strategy-eurusd-1h/ Below you can find 3 screenshot with explanation of the stop, and levels used in this strategy. // EURUSD(-) - IG MARKET // TIME FRAME 1H // PROBACKTEST TICK by TICK - 200.000 bars // SPREAD 0.6 PIP // ALE DEFPARAM CumulateOrders = false ///BILL WILLIAM FRACTAL INDICATOR //CP=PERIOD CP=113 if close[cp] >= highest[2*cp+1](close) then LH = 1 else LH=0 endif if close[cp] =100000 and time < 230000) then C1 = (close CROSSES OVER HIL) D1 = (close CROSSES UNDER LOL) IF c1 and not shortonmarket THEN BUY positionsize CONTRACT AT MARKET ENDIF IF D1 and not longonmarket THEN SELLSHORT positionsize CONTRACT AT MARKET ENDIF ENDIF //TRAILING STOP TGL =5 TGS=5 if not onmarket then MAXPRICE = 0 MINPRICE = close PREZZOUSCITA = 0 ENDIF if longonmarket then MAXPRICE = MAX(MAXPRICE,close) if MAXPRICE-tradeprice(1)>=TGL*pointsize then PREZZOUSCITA = MAXPRICE-TGL*pointsize ENDIF ENDIF if shortonmarket then MINPRICE = MIN(MINPRICE,close) if tradeprice(1)-MINPRICE>=TGS*pointsize then PREZZOUSCITA = MINPRICE+TGS*pointsize ENDIF ENDIF if onmarket and PREZZOUSCITA>0 then EXITSHORT AT PREZZOUSCITA STOP SELL AT PREZZOUSCITA STOP ENDIF // DONCHIAN STOP DC=20 e= Highest[DC](high) f=Lowest[DC](low) if longonmarket then laststop = f[1] endif if shortonmarket then laststop = e[1] endif if onmarket then sell at laststop stop exitshort at laststop stop endif set target pprofit 30 This trading sistem can be used with other currency pairs. To find the values of variables suitable for other currency pairs, you must use WF, to avoid an overfitted values: if the WF will be done on bars 200,000 may be divided into two halves, the first test will be carried out with a large range value starting with the value in the attached picture below, the second test will have a range around the variables choices during the first test. IN THE LAST YEAR THE OPTIMIZATION OF TRAILING STOP SUGGEST THIS VALUE: TGL=9 TGS=10 … THIS MEAN ABOUT 10 PIP FOR BOTH

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05/11/2017 at 6:49 PM #35235 quote

Elsborgtrading
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Hi Jr. One must define his own risk- but need to know how. If you trade 4 position with a 48 point SL, you are risking 192/5000*100=3,84%. it will continue until until your equity allow you to risk 3% with min 4 position, or you get a margin call. Br. Kasper
ALE and JR1976 thanked this post

05/12/2017 at 5:47 AM #35270 quote

ALE
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Master

Hello I’ve updated first page with V3 and V4, already post in the topic, and GBPUSD_15m_long. Regards
GraHal thanked this post

05/12/2017 at 7:56 AM #35277 quote

victormork
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Thank you Ale! Is the difference between V3 and V4 only the trailing stop settings?

05/12/2017 at 2:07 PM #35323 quote

victormork
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Hey guys! Here are two new versions: one is for AUDUSD 30M and the other one is for Bund 30M. I have gone down in periods for the fractal which generates a lot more trades than in previous systems. The AUDUSD doesn’t pass the WFR in current stage and needs some more love. I anyone of you find a solutions please let me know! The Bund version is more solid but there are still things left to try!
Nicolas and TheAccountant thanked this post

FBS-Bund-30M.itf FBS-AUDUSD-30M-1.itf Skärmavbild-2017-05-12-kl.-15.07.24.png

05/12/2017 at 2:21 PM #35331 quote

ALE
Moderator

Master

Thanks Viktor! I’ll try them very soon.. and I ‘ll response you soon about v3 and v4! ale

05/13/2017 at 6:31 PM #35443 quote

ALE
Moderator

Master

@Victor in V3 version I tried to use 3 different fractal level, CP 113 of the original version not filtered, while the others CP 108 and 100 filtered by a body>30 pip of the signal candles. I also added second take profit after 050000 PM. I’ve also enalrged trailing stop to 10 In v4 version I’ve added the possibility to open 2 contract instead 1 of the original version. Second contract open if the body>30 signal candles. to this strategy on EURUSD, everything can be added.. 20 versions could be made.. My version Are only examples, nothing of perfect..
victormork thanked this post

05/15/2017 at 10:36 AM #35564 quote

victormork
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Thanks for your explanation Ale. Have you tried to change the variables depending on if the system is taking a long or short trade? I have worked a bit more on the FBS on Bund and decided to split the system in long and short which gave a better combined return. New ideas on how to improve my versions are most appreciated.
Francesco78 thanked this post

FBS-Bund-Long-30M.itf FBS-Bund-Short-30M.itf

05/15/2017 at 12:33 PM #35580 quote

ALE
Moderator

Master

Hello Victor TGS can’t little then minimum stop distance, TGS=2 it’s not possible, for IG must be above 5 for audusd and bund.. .. I look better them asap

05/15/2017 at 12:39 PM #35581 quote

victormork
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haha right, and we talked about this issue before! thanks for the reminder 🙂

05/15/2017 at 4:02 PM #35608 quote

Maz
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@victormor – good to see you separating long and short components. Nice work. @Ale – I will take a look at this when I get the chance.

05/16/2017 at 9:11 AM #35673 quote

victormork
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Veteran

@ Maz – I’ve taken your advise. Now when I’ve started to split long and short I understand why system developers do this. The possibilities to see (understand) your systems weaknesses and improve them are insane..

05/16/2017 at 12:29 PM #35701 quote

Maz
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Veteran

Yep, not only do you get better optimization ability you can also manage risk better too. You also get separate equity curves – a quick and easy snapshot of which side is performing better and what market conditions are better to what side.
Francesco78 and Inertia thanked this post

05/27/2017 at 4:29 PM #36785 quote

victormork
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FYI I have tried to use a short moving average as training stop for this type of strategy and it works better for some markets.

05/28/2017 at 12:40 PM #36836 quote

ALE
Moderator

Master

Hello victor, have you find other market wi th good peobacktest? Thanks ale

05/28/2017 at 2:41 PM #36843 quote

victormork
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Veteran

Hi Ale, On 100 000 bars I have a promising result on bund 30 min and 1 h. The long side is however much better than the short due to resent market behaviour. I think I’ve also found a way to improve the audusd. Will check tomorrow when I get back to work. I have put my focus on shorter periods for the fractal which gives a lower hit rate but a more frequent trading. I don’t know what’s best. Hard to tell without 200k bars.
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