GBP/USD 15 min between 9:00-13:00

• 09/28/2020 at 6:02 PM #145744
  mansothzen

  Hello

  This is my first attempt at creating an automated strategy!

  The idea of the strategy is to only take trades between 9:00-13:00 (London time). And to only take trades with the current trend.

  I have been using a version of this when trading manually for the last couple of months.

  I don’t know how to make the bot look at different time aspects,so this one is only made in 15 min.

  When i trade it manually i take in consideration of the 200 MA on the daily and don’t take trades on the wrong side of the 200 MA, but i don’t know how to add that into the automated system.

  It definitely needs some tweaking, maybe someone can make something good out if it!

  // Definition of code parameters 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 noEntryBeforeTime = 090000 timeEnterBefore = time >= noEntryBeforeTime // Prevents the system from placing new orders to enter the market or increase position size after the specified time noEntryAfterTime = 130000 timeEnterAfter = time < noEntryAfterTime // 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 = Average[200](close) c1 = (close > indicator1) indicator2 = SAR[0.02,0.02,0.2] c2 = (close > indicator2) indicator3 = Average[100](close) c3 = (close > indicator3) indicator4 = Average[50](close) c4 = (close > indicator4) indicator5 = RSI[14](close) c5 = (indicator5 > 40) c6 = (close > DLow(0)) IF (c1 AND c2 AND c3 AND c4 AND c5 AND c6) AND timeEnterBefore AND timeEnterAfter AND not daysForbiddenEntry THEN BUY 1 CONTRACT AT MARKET ENDIF // Conditions to enter short positions indicator6 = Average[200](close) c7 = (close < indicator6) indicator7 = SAR[0.02,0.02,0.2] c8 = (close < indicator7) indicator8 = Average[100](close) c9 = (close < indicator8) indicator9 = Average[50](close) c10 = (close < indicator9) indicator10 = RSI[14](close) c11 = (indicator10 < 60) IF (c7 AND c8 AND c9 AND c10 AND c11) AND timeEnterBefore AND timeEnterAfter AND not daysForbiddenEntry THEN SELLSHORT 1 CONTRACT AT MARKET ENDIF // Stops and targets SET STOP pLOSS 30 SET TARGET pPROFIT 60

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  // Definition of code parameters 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 noEntryBeforeTime = 090000 timeEnterBefore = time >= noEntryBeforeTime   // Prevents the system from placing new orders to enter the market or increase position size after the specified time noEntryAfterTime = 130000 timeEnterAfter = time < noEntryAfterTime   // 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 = Average[200](close) c1 = (close > indicator1) indicator2 = SAR[0.02,0.02,0.2] c2 = (close > indicator2) indicator3 = Average[100](close) c3 = (close > indicator3) indicator4 = Average[50](close) c4 = (close > indicator4) indicator5 = RSI[14](close) c5 = (indicator5 > 40) c6 = (close > DLow(0))   IF (c1 AND c2 AND c3 AND c4 AND c5 AND c6) AND timeEnterBefore AND timeEnterAfter AND not daysForbiddenEntry THEN BUY 1 CONTRACT AT MARKET ENDIF   // Conditions to enter short positions indicator6 = Average[200](close) c7 = (close < indicator6) indicator7 = SAR[0.02,0.02,0.2] c8 = (close < indicator7) indicator8 = Average[100](close) c9 = (close < indicator8) indicator9 = Average[50](close) c10 = (close < indicator9) indicator10 = RSI[14](close) c11 = (indicator10 < 60)   IF (c7 AND c8 AND c9 AND c10 AND c11) AND timeEnterBefore AND timeEnterAfter AND not daysForbiddenEntry THEN SELLSHORT 1 CONTRACT AT MARKET ENDIF   // Stops and targets SET STOP pLOSS 30 SET TARGET pPROFIT 60

   

  

  mansothzen

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  09/28/2020 at 6:38 PM #145749
  robertogozzi

  At line 27

  c12 = (close > average[200,0](close))

  1	c12 = (close > average[200,0](close))

  and add C12 to your conditions at line 28

  the reverse at line 43:

  c13 = (close < average[200,0](close))

  1	c13 = (close < average[200,0](close))

  and add C13 to your conditions at line 44.

  

  robertogozzi

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  09/28/2020 at 6:51 PM #145752
  mansothzen

  Thank you!

  

  mansothzen

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  09/28/2020 at 7:11 PM #145758
  mansothzen

  changed the SL TP and got a better return without any big changes to drawdown or time in market.

  // Definition of code parameters 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 noEntryBeforeTime = 090000 timeEnterBefore = time >= noEntryBeforeTime // Prevents the system from placing new orders to enter the market or increase position size after the specified time noEntryAfterTime = 130000 timeEnterAfter = time < noEntryAfterTime // 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 = Average[200](close) c1 = (close > indicator1) indicator2 = SAR[0.02,0.02,0.2] c2 = (close > indicator2) indicator3 = Average[50](close) c3 = (close > indicator3) indicator4 = Average[20](close) c4 = (close > indicator4) indicator5 = RSI[14](close) c5 = (indicator5 > 40) c6 = (close > DLow(0)) c12 = (close > average[200,0](close)) IF (c1 AND c2 AND c3 AND c4 AND c5 AND c6 and c12) AND timeEnterBefore AND timeEnterAfter AND not daysForbiddenEntry THEN BUY 1 CONTRACT AT MARKET ENDIF // Conditions to enter short positions indicator6 = Average[200](close) c7 = (close < indicator6) indicator7 = SAR[0.02,0.02,0.2] c8 = (close < indicator7) indicator8 = Average[50](close) c9 = (close < indicator8) indicator9 = Average[20](close) c10 = (close < indicator9) indicator10 = RSI[14](close) c11 = (indicator10 < 40) c13 = (close < average[200,0](close)) IF (c7 AND c8 AND c9 AND c10 AND c11 and c13) AND timeEnterBefore AND timeEnterAfter AND not daysForbiddenEntry THEN SELLSHORT 1 CONTRACT AT MARKET ENDIF // Stops and targets SET STOP pLOSS 30 SET TARGET pPROFIT 70

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  // Definition of code parameters 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 noEntryBeforeTime = 090000 timeEnterBefore = time >= noEntryBeforeTime   // Prevents the system from placing new orders to enter the market or increase position size after the specified time noEntryAfterTime = 130000 timeEnterAfter = time < noEntryAfterTime   // 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 = Average[200](close) c1 = (close > indicator1) indicator2 = SAR[0.02,0.02,0.2] c2 = (close > indicator2) indicator3 = Average[50](close) c3 = (close > indicator3) indicator4 = Average[20](close) c4 = (close > indicator4) indicator5 = RSI[14](close) c5 = (indicator5 > 40) c6 = (close > DLow(0)) c12 = (close > average[200,0](close)) IF (c1 AND c2 AND c3 AND c4 AND c5 AND c6 and c12) AND timeEnterBefore AND timeEnterAfter AND not daysForbiddenEntry THEN BUY 1 CONTRACT AT MARKET ENDIF   // Conditions to enter short positions indicator6 = Average[200](close) c7 = (close < indicator6) indicator7 = SAR[0.02,0.02,0.2] c8 = (close < indicator7) indicator8 = Average[50](close) c9 = (close < indicator8) indicator9 = Average[20](close) c10 = (close < indicator9) indicator10 = RSI[14](close) c11 = (indicator10 < 40) c13 = (close < average[200,0](close)) IF (c7 AND c8 AND c9 AND c10 AND c11 and c13) AND timeEnterBefore AND timeEnterAfter AND not daysForbiddenEntry THEN SELLSHORT 1 CONTRACT AT MARKET ENDIF   // Stops and targets SET STOP pLOSS 30 SET TARGET pPROFIT 70

   

  

  mansothzen

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  09/28/2020 at 8:29 PM #145773
  robertogozzi

  You could try adding a trailing stop.

  For the trailing stop I suggest to use the code from lines 17 to 56 at this link https://www.prorealcode.com/blog/trading/complete-trailing-stop-code-function/.

   

  

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  09/28/2020 at 9:30 PM #145778
  mansothzen

  Thank you for the idea!

  will try it and see if i can get drawdown down perhaps

  

  mansothzen

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