Pathfinder Trading System

Reiner · Thu, 22 Sep 2016 19:00:38 +0000

Hi guys, this topic is for all discussions related to the Pathfinder trading system strategies. The system based on four components that work perfectly together. signalline – instrument trend line based on two smoothed averages (Wilder and Time Series) breakout levels – previous daily, weekly and monthly high/lows in combination with fast and slow averages as filters because not every breakout is profitable saisonal behavior – position size will be boost with a multiplier for each month depending on the historical seasonal behavior smart money and position management – grid orders, maximal position size monitoring, superordinate stop loss/take profit, trailing stop and maximum holding periods are used mechanisms The Pathfinder breakout logic works well for many instruments with 24 hour quotes such as DAX, DOW, FTSE, Hang Seng, NIKKEI in 4 hours timeframe. All versions are optimized for an 10k Euro account. Pathfinder strategies offer a statistical advantage but are of course not a holy grail and there is no guarantee to make money with it. The systems are optimized for historical data and historical gains are not a guarantee to be successful in the future. I strictly recommend to adjust the position sizes to your personal account size and try first in demo mode. The results in life trading will differ from the backtest results. I also recommend to start in life trading with a small account size. Anyone can use the programs for free and at their own risk. Pathfinder is my private and fully transparent algorithmic trading project exclusively implemented for ProRealTime 10.3. The status is experimental and I don’t trade all the systems presented here. I would also like to thank all members who have helped to improve the system with their contributions. Please find below the last released Pathfinder trading system versions for suitable instruments. Dropbox Link: https://www.dropbox.com/sh/xyymvk6gscxbfbe/AABaOs9_ZExILA18HxKW9kdqa Best, Reiner 04.02.2018 Updated dropbox with new algos V7-FEB-2018 with automatic scaling for ASX, DAX, DOW, FTSE, GOLD, HS, NIKKEI, SAF and STXE (#post-61450) 08.01.2017 Checkout the results from 2017 (#post-56978) || introducing new PF algo category DAX-1H-V8 (#post-57005) || new algos in dropbox DAX-V7-2018 (#post-57521), DOW-V7-2018 (#post-57524) and HS-V7-2018 (#post-57528) 02.08.2017 Updated dropbox with new algos FTSE-V7 and Nikkei-V7 (#post-42223), ASX-V7 (#post-42249) and STXE-V7 (#post-42332) 31.07.2017 Updated dropbox with new algos DAX-V7-2, DOW-V7-2 and HS-V7-2 (#post-41811) 18.07.2017 Release V7 containing error fixes, improvements and new features for DAX-V7 (#post-40798) and DOW-V7 (#post-40880)

This topic has 1,834 replies, 139 voices, and was last updated 9 months ago by CFD AutoTrading.

Tagged: Pathfinder

Viewing 15 posts - 301 through 315 (of 1,835 total)

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11/21/2016 at 8:11 AM #16877

Reiner

Hi MichaelE and wp01,

I have fixed the problem with the SELL command and start life test with one contract (reduce November multiplier from 3 to 1). Let see if it works like the backtest.

best, Reiner

Reiner
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11/21/2016 at 8:32 AM #16880

wp01

Goodmorning Reiner.

Thank you very much for the changes.

It just works perfectly now.

regards,

Patrick

wp01
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11/21/2016 at 10:43 AM #16885

flowsen123

Hey reiner,

your code is way too complicated for me, so excuse my question.

in the 1 hour version you do not have any short orders. but in the code I see the short conditions and the “normal” code for short, that you used in previouse versions.

So how do you make sure that there are no short positions? And do you use the previouse “short entry conditions” as exit conditions for the long positions?

because I think eventhoug it seems as your strategy is just a bundle of six single strategies, together they seem to complement each other.

thank you

mfg

Flo

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11/21/2016 at 10:59 AM #16886

Jimbob

Hi Reiner – thank you for all this work. I saw in an earlier post that you made an earlier code for the Hang Seng, based on v5 perhaps? I’ve wondered if you’d looked at it with V6? I had a quick play around amalgamating the two and it looks promising although my coding isn’t good enough to do it properly.

J.

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11/21/2016 at 6:22 PM #16901

Reiner

Hi arke,

I have adjusted Pathfinder V6B2 for the DOW. Please find attached two versions of Pathfinder DOW 4H V6B2 (long backtest starts on April 2006 and short on May 2010). Long version has a significant drawdown of 50%. I tried to reduce the drawdown and the risk in the short version.

best, Reiner

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Cosmic1

Reiner
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11/21/2016 at 6:41 PM #16907

Reiner

Hi Flo,

I’m sure you’re one of the guys who understand the ideas behind Pathfinder and the dependencies and how it’s implemented in the code.

Backtests have showen that in 1H the short side was poor. I played around with different additional levels such as dailyHigh, weeklyLow and montlyLow but didn’t find any improvement. As you know from all your tests that the short side is also very important for the balance of the whole system. To get the benefits of the short side I changed the SELLSHORT command to SELL so a short trigger will close the long postion but won’t further short the market.

best, Reiner

Reiner
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11/21/2016 at 6:48 PM #16908

Reiner

Hi Jimbob,

I will adjust Hang Seng to V6 but I need some time to fullfill all the requests here in the forum. I already promised OMX, FTSE and Bund. I comeback to you as soon I have somthing.

best, Reiner

Reiner
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11/21/2016 at 6:54 PM #16909

wp01

Unfortunatley the thanks button doesn’t work anymore, or at least on my computer, so i’d like to thank you for the files on the Dow.

regards,

Patrick

wp01
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11/21/2016 at 8:31 PM #16915

Jimbob

Thanks Reiner. Don’t worry too much about the Hangseng, it was only because v5 worked so well that I thought it might be an easy one to do 🙂 no rush at all!

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William

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11/22/2016 at 1:29 PM #16944

arke

Hi Reiner,

thank you very very much for the DOW Version 🙂 Yes long side has a huge drawdown…

if you reduce the multiplier so that the system is trading just with one contract and backtest it for this year, profit is negative… i’ll try to adjust it a little bit

Arke

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11/22/2016 at 2:00 PM #16950

MichiM

Dear Reiner
Many thanks for your response.

I have checked the variable maxPositionSizeLong and the ProOrder maximal number of contracts and everything looks fine. So I do not understand why the 2° position was not open.

But I can confirm, that Pathfinder Oil last evening opened at 9 pm the third position.

Thanks in advance

MichiM

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11/22/2016 at 11:22 PM #16976

Mark

Hi,

I am about to start DAX V5B2 in live mode, can you tell me if and when you should be increasing the pointsize or should it always stay at 1?

Mark

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11/23/2016 at 7:49 AM #16980

reb

Hi mbaker15

It depends on your initial capital, I will increase from 1 to 2 when my capital doubles

Reb

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11/23/2016 at 11:03 AM #16994

Brage

Hi guys!

Maybe a stupid question and maybe answered but I just got to ask to get it out of my head:) On my intraday charts on indices I just have data shown for the actual trading hours because that’s how I want it for my manual trading. How does that affect the result when running Pathfinder live since we want to run the system on 24h data? I see that it has huge effect backtesting but how is it when going live? What settings do you use? Is it possible to have it the way i want it?

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11/23/2016 at 2:05 PM #17012
pranik
Hi all, I follow this thread for a while and I started to use this strategy on IG. I created an indicator to show parameters on graph to verify algoritm. It shows:

signalline

monthly high/low

weekly high

daily high/low

longMA

shortMA

You can customize (with DAX default values):

periodFirstMA

periodSecondMA

periodThirdMA

periodLongMA

periodShortMA

Maybe someone finds it useful

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Hakan76, Jesús, Pfeiler, Reiner
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