Pathfinder Trading System

• 11/08/2016 at 4:18 PM #16187
  wp01

  @Ale

  On page 13 you see the 3rd. post from Reiner where he shared the latest. (V5) with a picture of the BT.

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  11/08/2016 at 4:32 PM #16190
  miguel33

  wp01

  is a system to use on Mt4, do not ask me why do I still have not understood the language of Mt4

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  wp01

  

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  11/08/2016 at 6:22 PM #16200
  Reiner

  Hi guys,

  I have been thinking about further improvements and want to share two ideas to make the system better.

  One part of position and money management of Pathfinder is Trailing Stop protection. In a perfect trade the system surf on a trend increase successively the limit and is stopped out at the end of the trend. Unfortunately this is hindered by another part of Pathfinder’s money management – the maximum holding period check.  The idea is to extend the holding period when the trailing mechanism is activated.

  // manage long positions IF LONGONMARKET THEN // first move (breakeven) IF newSL = 0 AND close - tradeprice(1) >= trailingStartLongInPoints * pipsize THEN newSL = tradeprice(1) + trailingStepLongInPoints * pipsize maxCandlesLongWithProfit = maxCandlesLongWithTrailProfit // new: extend the holding period stopLoss = 0 // new: in % set superordinate stop to breakeven takeProfit = 10 // new: in % give Pathfinder more room for further gains ENDIF // next moves IF newSL > 0 AND close - newSL >= trailingStepLongInPoints * pipsize THEN newSL = newSL + trailingStepLongInPoints * pipsize ENDIF ENDIF

  1 2 3 4 5 6 7 8 9 10 11 12 13 14

  // manage long positions IF LONGONMARKET THEN // first move (breakeven) IF newSL = 0 AND close - tradeprice(1) >= trailingStartLongInPoints * pipsize THEN newSL = tradeprice(1) + trailingStepLongInPoints * pipsize maxCandlesLongWithProfit = maxCandlesLongWithTrailProfit // new: extend the holding period stopLoss = 0  // new: in % set superordinate stop to breakeven takeProfit = 10 // new: in % give Pathfinder more room for further gains ENDIF // next moves IF newSL > 0 AND close - newSL >= trailingStepLongInPoints * pipsize THEN newSL = newSL + trailingStepLongInPoints * pipsize ENDIF ENDIF

  Pathfinder uses historic statistical behavior to boost the performance. The backtest report shows that the system makes money mainly on the long side. To further expand this point I changed the saisonal pattern and boost only the long trades.

  I also reduce the trading window from 9-21 CET to make it clearer that the system only trades the H4 candles at 9, 13, 17 and 21 CET.

  V6B1 is 90% better then V5 with the same drawdown but is still beta.

  Please find attached the backtest and code of Pathfinder DAX H4 V6B1 (start from August 2010, first date with 24 hours quotes).

  best, Reiner

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  11/08/2016 at 10:08 PM #16208
  flowsen123

  Massive Impressive! as allways.

  I tried to isolate the single conditions of pathfinder V4 in order to check what condition is the most promising.

  the results are different to what i expected, but see for yourself.

  The L3 condition is positive in more as 90% and has a ratio of 9.35.

  But all in all it only has 60 trades, which is probably not enough to speak of significance.

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  11/08/2016 at 10:17 PM #16211
  ALE

  Hello Reiner,

  Testing  V6B1 since 19.12.2008

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  ALE

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  11/09/2016 at 10:33 AM #16215
  flowsen123

  Hey ALE,

  did you change any settings for the backtest. Because I get a similar result with V6 as it was with V3/4/5 for the time before Aug 2010.

  

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  11/09/2016 at 10:34 AM #16216
  flowsen123

  I forgot the screnshot

  

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  11/09/2016 at 11:13 AM #16223
  Aloysius

  The backtests before 2010 are not reliable for this system as the night datas are not available before 2010. So the backtests should begin in 2010.

  

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  11/09/2016 at 12:10 PM #16224
  ALE

  I thought since December 2008, saw It only now…

  

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  11/09/2016 at 5:01 PM #16244
  miguel33

  After the great fear a sigh of relief.

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  ALE

  

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  11/09/2016 at 5:23 PM #16245
  Reiner

  What a wild ride, hopefully no one stopped the system. We will close at day high and DAX will probably continue to rise tomorrow. In that case Pathfinder will continue to accumulate – this could be a very profitable scenario.

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  11/09/2016 at 5:25 PM #16246
  miguel33

  after the storm … the serene back. Pathfinder has resisted.

  

  miguel33

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  11/09/2016 at 5:28 PM #16247
  miguel33

  reiner, you perhaps have seen the code I posted for forex? because all those trades on the same?

  

  miguel33

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  11/09/2016 at 5:37 PM #16248
  wp01

  Not stopped out, but it was close. Around 110 points. A very rough ride.

  Thanks.

  regards,

  

  wp01

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  11/09/2016 at 6:02 PM #16251
  Reiner

  Miguel, I have seen your post and thanks for your contribution. To be honest so far I didn’t have the time to look closer to it. I have planed to check some further indices with V6. Commodities are still on my agenda. For that stuff I have subscribted to PRT premium to have more historic data. I would love to do more but I have a challening job and a family and my time is very limited at the moment.

   

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