Ftse 100 trend following & candlestick pattern 1hr strategy.

Francesco78 · Mon, 10 Jul 2017 14:31:27 +0000

Hello everyone. I have found this strategy on the FTSE 100 by playing with candlestick pattern. In particular here I assumed that 2 doji bull/bear candle are followed by an hammerdown/hammerup candle. I then added some momentum filter condition based on 3 simple moving average. The optimization involve: the parameter x that define how much doji are the candle the profit target the trailing stop Moving averages are not optimized, and long and short trailing stops are set to be the same to avoid overfitting. Hope you like it. Francesco defparam cumulateorders = false ///money management reinv = 0 leverage= 3 IF REINV = 1 THEN // réinvestissement capital = 10000 + strategyprofit n = (capital / 10000) *leverage else n = 1 ENDIF ///market conditions av1 = average[5](close) av2 = average[10](close) av3 = average[50](close) bull = close> av1 and close >av2 and close > av3 bear = close <av1 and close <av2 and close <av3 ///optimized variables x = 0.6 PR = 50 timestart = 070000 timeend = 230000 TG = 40 ///candle pattern defirnitions timeok = time>timestart and time < timeend dojibull2 = open[2]<close[2] and abs(open[2]-close[2])/(high[2]-low[2])<x dojibull1 = open[1]<close[1] and abs(open[1]-close[1])/(high[1]-low[1])<x dojibear2 = open[2]>close[2] and abs(open[2]-close[2])/(high[2]-low[2])<x dojibear1 = open[1]>close[1] and abs(open[1]-close[1])/(high[1]-low[1])<x hammerup = min(open,close)>high-(high-low)/2 //and max(open,close) < min(open[1],close[1]) hammerdown = max(open,close)<low+(high-low)/2 //and max(open,close)<min(open[1],close[1])//and timeok //trade conditions cl = (dojibull2 and dojibull1) and hammerdown and bull cs= (dojibear2 and dojibear1) and hammerup and bear if cs and timeok then sellshort n contract at market endif if cl and timeok then buy n contract at market endif ///ttailing stops if not onmarket then MAXPRICE = 0 MINPRICE = close PREZZOUSCITA = 0 ENDIF if longonmarket then MAXPRICE = MAX(MAXPRICE,close) if MAXPRICE-tradeprice(1)>=TG*pointsize then PREZZOUSCITA = MAXPRICE-TG*pointsize ENDIF ENDIF if shortonmarket then MINPRICE = MIN(MINPRICE,close) if tradeprice(1)-MINPRICE>=TG*pointsize then PREZZOUSCITA = MINPRICE+TG*pointsize ENDIF ENDIF if onmarket and PREZZOUSCITA>0 then EXITSHORT AT PREZZOUSCITA STOP SELL AT PREZZOUSCITA STOP ENDIF //fixed profit target set target pprofit PR

This topic has 17 replies, 5 voices, and was last updated 5 years ago by Francesco78.

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10/19/2017 at 2:59 PM #49967

ozz87

Thanks guys, changing that also changed the win ratio though 😛

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08/06/2019 at 1:37 PM #104275

jeremyben

Just want to let you know that this strategy is still perfoming well with the original code, since it has been published the 07/10/2017

First screen and report it’s with the max bar I can get.

Second screen and report it’s since 07/10/2017.

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GraHal, Francesco78

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08/06/2019 at 1:42 PM #104280

Francesco78

Thank you for checking and posting Jeremyben!

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Ftse 100 trend following & candlestick pattern 1hr strategy.

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