Dear community,

I would like to ask a question about a PRT code that was posted from one of you. Results are dramatically good, but one comment (“strategy looks nice, but it’s a typical mistake from beginners to think that this strategy really works […]) made me feel a little uncalm.

That strategy was posted regarding a 1h time frame. I did my backtest on daily basis and the results were much, much better.

So I put them to my ProOrder strategies two weeks ago. 1 trade was already executed with 100 € profit, but I am now unsure, if this strategy is really possible to be executed on a daily basis with this code enclosed.

Could you please help me? Thank you very, very much in advance!

You will find a screenshot on this strategy on a daily basis enclosed to see the impressing performance of my backtest.

Kind regards,

Philip

Defparam Cumulateorders = false

n = 5

// ENVELOPPES
EnveloppeSup = Average[20](close)*1.004
EnveloppeInf = Average[20](close)*0.996

// ACHAT
ca1 = ADX[40] > 10
ca2 =  DIplus[40](close) > DIminus[40](close)
ca3 = high > EnveloppeSup and close < EnveloppeSup

IF ca1 AND ca2 AND ca3 THEN
BUY n SHARES AT MARKET
ENDIF

// VAD
cv1 = ADX[40] > 10
cv2 =  DIplus[40](close) < DIminus[40](close)
cv3 = low < EnveloppeInf and close > EnveloppeInf

IF cv1 AND cv2 AND cv3 THEN
SELLSHORT n SHARES AT MARKET
ENDIF


// Stops et objectifs
SET STOP pLOSS 10
SET TARGET pPROFIT 20

DAX_ADX-Forex-Strategy_Schachl.png