It’s not really difficult to reproduce the system; just the “Long” side (about 70% of the profit)…
Ha must be something about NASDAQ US100 on M10 TF … attached is one of mine which is optimised on M1 on DJI over 50K bars.
Thought I’d see what it looks like on NAS M10 over 100K bars (no change to code or values) … shed load of Short Trades (AvGain of Shorts only £2.83 against £37.59 for the Longs).
Feel a bit awful posting (hijacking RW Thread) but surprised by the results … may also get me switching Instruments from DJI to NAS!!
I’ll now see what it looks like optimised for M10 on NAS over 100K bars!
I actually have another strategy called Fill the Gap, if there’s this much enthusiasm for hijacking strategies, maybe I should upload that one too so everyone can have a bit more fun! 😄
It’s genuinely great to see such strong engagement and curiosity around Less Is More. That kind of interest must means something about it is hitting the mark.
That said, I do hope this post doesn’t turn into a hacking masterclass, fascinating as that might be for some, a little mystery can be quite charming, isn’t it?
I truly appreciate the energy, all in good spirit!
If you do give it a try, I’d genuinely appreciate hearing your feedback and seeing how it performs for you.
No thanks, i prefer working on my own strategy, “Cristal Ball Strategy” aka “More is always Better” (100% capital growth per week)! But you can NOT have any trust in it : it is like a bungee jumping! :-)))
enthusiasm for hijacking strategies,
I mentioned hijacking your Thead (not Strategy) 😉
But yeah, we are on this website because we are enthusiasistic about coding Strategies for Trading.
We kinda immediately go into … ‘wonder what is behind that’ type of
brain mode! 🙂
When JS posted, I tried to duplicate his results with a moving average Strategy. Didn’t turn out quite as good!! 🙂
JSParticipant
Senior
I would like to share what I have found but don’t know what Rebel Wing thinks of that…
I mentioned hijacking your Thead (not Strategy) 😉 But yeah, we are on this website because we are enthusiasistic about coding Strategies for Trading. We kinda immediately go into … ‘wonder what is behind that’ type of brain mode! 🙂 When JS posted, I tried to duplicate his results with a moving average Strategy. Didn’t turn out quite as good!! 🙂
Haha, no worries at all about the thread hijack, you’re actually helping LESS is MORE strategy evolve, so it’s much appreciated! 😄 I love how quickly everyone jumps into that “wonder what’s behind it” mode, that kind of curiosity is what leads to real progress. Once again, it’s a good sign that something’s been done just right in the LESS is MORE strategy.
And I love that you gave JS’s post a go with your own twist, even if the results weren’t quite the same, it’s great that you explored it. Sometimes, refining the edges comes from these side experiments. Sometimes, the magic is in those experiments, and who knows, maybe the key is in a little “LESS is MORE” approach! 😉Keep experimenting, you never know when the next breakthrough will come!
I would like to share what I have found but don’t know what Rebel Wing thinks of that…
Hey! Thanks for wanting to share, we love hearing fresh perspectives. Don’t worry about what we think; it’s all about what
you believe is right, so just bring it on! We’re all about exploring different viewpoints, even if they shake things up a bit. Looking forward to hearing what you’ve found! 😊
JSParticipant
Senior
I haven’t really looked into it deeply yet, but when you look at the statistics (200k, 10m timeframe), you can see that out of 1350 trades, 1188 are Long positions. So I first focused on the Long trades…
When you check the “list of closed positions,” you’ll see that all Long trades are opened at 00:00:00, so this is essentially the foundation of the system: a Long trade is opened every day at 00:00:00.
A Take Profit and a Stop Loss are used. When you again look at the “list of closed positions” and sort by “Abs Perf,” you’ll see that the Stop Loss is set at 146 points and the Take Profit at 509 points.
Additionally, a trailing stop is used, which starts trailing around 65 points…
I haven’t looked further than that yet.
DefParam CumulateOrders=False
TimeFrame(10 minutes, UpdateOnClose)
If Time>=000000 and Time<=010000 then
Buy 1 contract at Market
EndIf
If Time=225000 then
Sell at Market
EndIf
Set STOP PLOSS 146
Set Target PProfit 509
//TRAILING STOP FUNCTION
trailingstart = 65 //trailing will start @trailinstart points profit
//trailingstep = TStep //trailing step to move the "stoploss"
//reset the stoploss value
IF NOT ONMARKET THEN
newSL=0
ENDIF
//manage long positions
IF LONGONMARKET THEN
//first move (breakeven)
IF newSL=0 AND close-tradeprice(1)>=trailingstart*pipsize THEN
newSL = tradeprice(1)//+trailingstep*pipsize
ENDIF
//next moves
IF newSL>0 AND close-newSL>=trailingstep*pipsize THEN
newSL = newSL+trailingstep*pipsize
ENDIF
ENDIF
//manage short positions
IF SHORTONMARKET THEN
//first move (breakeven)
IF newSL=0 AND tradeprice(1)-close>=trailingstart*pipsize THEN
newSL = tradeprice(1)//-trailingstep*pipsize
ENDIF
//next moves
IF newSL>0 AND newSL-close>=trailingstep*pipsize THEN
newSL = newSL-trailingstep*pipsize
ENDIF
ENDIF
//stop order to exit the positions
IF newSL>0 THEN
SELL AT newSL STOP
EXITSHORT AT newSL STOP
ENDIF
it is amazing what amounts of BS can be produced by AI. endless. if you dive deeper into BS, all what you find is more BS. if you make noise louder, it is still noise.
it is amazing what amounts of BS can be produced by AI. endless. if you dive deeper into BS, all what you find is more BS. if you make noise louder, it is still noise.
I completely understand and agree your skepticism, it’s healthy to question things, especially in a space filled with noise. That’s exactly why I’ve made
LESS is MORE available for transparent testing, so people can see results for themselves rather than just take anyone’s word for it.
Appreciate you taking the time to share your thoughts, honest dialogue always helps sharpen ideas.
🙂 AI will never grasp it – YOU ARE THE NOISE
AI is now „thinking“ and… „thunking“ and… „thinking“… 😆
hopefully it went to bed finally. or to the pub? hopefully. but I am afraid this tragedy/comedy will continue tomorrow.
It seems that @GraHal your preferred market is the DJI which is great to see! Interestingly, The LESS is MORE strategy also has a DJI vision that performs well. In fact, there’s also a version tailored for XAUUSD. While I can’t speak for others, I personally prefer the Nasdaq vision as it tends to have a lower maximum drawdown. That said, the most important thing is to trade a market and strategy that you trust, and feel comfortable and confident with.
For your @GraHal interest, You’re very welcome to download the LESS is MORE DJI version, it follows the same straightforward logic, with a few parameter tweaks to the DJI’s price level. 📥 LESS is MORE download
If you do run a backtest or give it a try, it would be lovely to hear how you get on and what your experience has been. It would be great to hear your insights, they could offer valuable perspective to others exploring the LESS is MORE strategy.
JSParticipant
Senior
Indeed, it’s very frustrating to talk to an AI that keeps giving the same kind of (pre-programmed) responses…
My experience is that AI makes a “good servant but a poor master”…
