Long US Tech 100 Ichimoku strategy

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  • #142108 quote
    Ichimoku Reading
    Participant
    Master

    Today, I would like to share with you a strategy developed for the US Tech 100 index
    This one relies on Ichimoku to validate the trend and give the signals to enter

    Its objective is to follow the evolution of the price rise or fall in order to benefit from it.
    It also aims to exit the position at the most favorable time to cash out regularly.

    However, the objective remains a long-term one for annual performance.

    The success of the backtest is based on the optimisation of the stop loss and the clear upward trend in the price.

    Also, money management is in place to ensure that a crack addict does not destroy the entire portfolio.

    //
    //============================== Basic setting
    
    defparam cumulateorders = false
    
    //============================== Money Management
    
    Capital = 10000
    
    Lotss = Capital / 6000  // Value of risk on capital (attention)
    
    //============================== setting Management
    
    if Lotss < 0.5 then
    Lotss = 0.5
    endif
    
    set stop loss (Capital*95)/100
    set stop %loss 41
    
    //============================== Indicator
    
    SpanA = (Tenkan[26]+Kijun[26])/2
    Tenkan = (highest[9](high)+lowest[9](low))/2
    Kijun = (highest[26](high)+lowest[26](low))/2
    SpanB = (highest[52](high[26])+lowest[52](low[26]))/2
    
    timeframe(1hours)
    XSpanA = (XTenkan[26]+XKijun[26])/2
    XTenkan = (highest[9](high)+lowest[9](low))/2
    XKijun = (highest[26](high)+lowest[26](low))/2
    XSpanB = (highest[52](high[26])+lowest[52](low[26]))/2
    timeframe(default)
    
    timeframe(4hours)
    XXSpanA = (XXTenkan[26]+XXKijun[26])/2
    XXTenkan = (highest[9](high)+lowest[9](low))/2
    XXKijun = (highest[26](high)+lowest[26](low))/2
    XXSpanB = (highest[52](high[26])+lowest[52](low[26]))/2
    timeframe(default)
    
    //============================== setting trend Bullish
    
    T1 = close > Kijun
    T2 = close > SpanA and close > SpanB
    TrendBullish1 = T1 and T2
    
    timeframe(1hours)
    T3 = close > XKijun
    T4 = close > XSpanA and close > XSpanB
    TrendBullish2 = T4 and T3
    timeframe(default)
    
    timeframe(4hours)
    T5 = close > XXKijun
    T6 = close > XXSpanA and close > XXSpanB
    TrendBullish3 = T5 and T6
    timeframe(default)
    
    TrendBullish = TrendBullish1 and TrendBullish2 and TrendBullish3
    
    //============================== setting Signal
    
    S1 = low =< Kijun
    S2 = low =< SpanA
    S3 = low =< SpanB
    S = S1 or S2 or S3
    Signal = TrendBullish and S
    
    //============================== setting Buy
    
    if Signal then
    buy lotss contract at market
    endif
    
    if close < kijun and close > positionprice then
    sell at market
    endif

     

     

    capture-1597917273c84pl.png capture-1597917273c84pl.png US-tech-100.itf US-tech-100-1.itf capture-1597917273c84pl1.png capture-1597917273c84pl1.png
    #142583 quote
    Nicolas
    Keymaster
    Master

    Thanks a lot for sharing this new strategy. I moved it from the pending library posts to the forum because I think that there might be a problem in the way you calculate the stoploss at line 18? I don’t understand why you take the money capital to calculate the stoploss distance in points? 🙂 Sorry if I’m wrong!

    #142634 quote
    Ichimoku Reading
    Participant
    Master

    Hello Nicolas, indeed, it is not conventional…

    However, it is a method I use to use a %Stop
    In limited risk CFD account, this kind of stop are not accessible, surprisingly, if I place a normal stop then a %stop it works…

    It’s adapting to the limited risk account.

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Long US Tech 100 Ichimoku strategy


ProOrder: Automated Strategies & Backtesting

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This topic contains 2 replies,
has 2 voices, and was last updated by Ichimoku Reading
5 years, 6 months ago.

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Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 08/26/2020
Status: Active
Attachments: 2 files
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