Help with a simple trading strategy

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  • #9587 quote
    Massimiliano PaperaMassimiliano Papera
    Participant
    New

    Hello.

    I m jut trying to use a simple TS (please see below) on my IG demo account, with the idea that if it works I will switch it over onto the live one. However, I have been trying to backtest it and occasionally trades are not taken even though the signal is there. I am new at programming in PRT and I am not sure I have coded well. Can any one help me?

    Apologies in advance is this is not the right place to post this

    Thanks

     

    // Definition of code parameters
    DEFPARAM CumulateOrders = False// Cumulating positions deactivated
    
    // Conditions to enter long positions
    indicator1 = ExponentialAverage[5](close)
    indicator2 = ExponentialAverage[100](close)
    c1 = (indicator1 CROSSES OVER indicator2)
    
    indicator3 = ExponentialAverage[5](close)
    indicator4 = ExponentialAverage[200](close)
    c2 = (indicator3 CROSSES OVER indicator4)
    
    IF c1 AND c2 THEN
    BUY 1 PERPOINT AT MARKET
    ENDIF
    
    // Conditions to exit long positions
    indicator5 = ExponentialAverage[5](close)
    indicator6 = ExponentialAverage[100](close)
    c3 = (indicator5 CROSSES UNDER indicator6)
    
    IF c3 THEN
    SELL AT MARKET
    ENDIF
    
    // Conditions to enter short positions
    indicator7 = ExponentialAverage[5](close)
    indicator8 = ExponentialAverage[100](close)
    c4 = (indicator7 CROSSES UNDER indicator8)
    
    indicator9 = ExponentialAverage[5](close)
    indicator10 = ExponentialAverage[200](close)
    c5 = (indicator9 CROSSES UNDER indicator10)
    
    IF c4 AND c5 THEN
    SELLSHORT 1 PERPOINT AT MARKET
    ENDIF
    
    // Conditions to exit short positions
    indicator11 = ExponentialAverage[5](close)
    indicator12 = ExponentialAverage[100](close)
    c6 = (indicator11 CROSSES OVER indicator12)
    
    IF c6 THEN
    EXITSHORT AT MARKET
    ENDIF
    
    // Stops and targets
    SET STOP pLOSS 150
    
    
    
    #9591 quote
    NicolasNicolas
    Keymaster
    Legend

    Hello,

    I have moved your question in a new topic.

    About your problem, you are trying to test moving average cross conditions of 3 of them at the same time (moving average 5, 100 and 200 in conditions c1,c2,c4,c5) which will rarely occur! So I believe that’s where is the trouble with your tests.

    #9595 quote
    Massimiliano PaperaMassimiliano Papera
    Participant
    New

    Hi,

     

    thanks for getting back to me,

     

    I have tried to use a cross over system with two EMA (5 and 200); however, when the market is going sideways (I trade the dax) the trading system starts opening position up and down, losing profits.  I was trying to make it open position only in the event of a bigger move by adding a 100 EMA. Do you know any command or any script in the forum that could help me?

     

    thanks
    Massimiliano

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Help with a simple trading strategy


ProOrder: Automated Strategies & Backtesting

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This topic contains 2 replies,
has 2 voices, and was last updated by Massimiliano PaperaMassimiliano Papera
10 years, 3 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 06/20/2016
Status: Active
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