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

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12/13/2016 at 10:13 PM #18489

Elsborgtrading

Once again- My apologies for all the posts- But I think I made a mistake. Again the MM risk calculation. By observing the actual trade with STOP orders, I was able to take a different approach. Problem is always when using the %LOSS. How is it calculated? By observing the other way around one can see from the STOP order how much of his equity one would loose if reached. Then we know the risk. Before I took the countofposition in to the equation, however it think it already accounted for in the STOP order

try this graph- Much better with 4.5% risk

graph ((tradeprice-(tradeprice-(tradeprice*(stoploss/100)))*pipsize*pointvalue)/equity)*100 COLOURED(0,0,255) AS "MAXRISK"//Aqua

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graph ((tradeprice-(tradeprice-(tradeprice*(stoploss/100)))*pipsize*pointvalue)/equity)*100 COLOURED(0,0,255) AS "MAXRISK"//Aqua

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Reiner

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12/14/2016 at 3:51 AM #18495

CKW

I have the same conclusion as what explained by Reiner
Monday with Close – Dclose(1) normally deliver a better trading result than using Dclose(2). In some cases, Monday with huge GAP Up will have more obvious impact especially “CurrentMarketGain” is one of the important criteria to enter / exit.

Close – Dclose(1) = X
Close – Dclose(2) = X + GAP

Br,CKW

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12/14/2016 at 4:18 AM #18496

CKW

Hi Reiner,

IF ( (l1 OR l4 OR l2 OR (l3 AND f2)) AND NOT alreadyReducedLongPosition) THEN

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IF ( (l1 OR l4 OR l2 OR (l3 AND f2)) AND NOT alreadyReducedLongPosition) THEN

I tried to zoom to each signals to verify the performance and “l1” signal apparently not giving good result. Do you have the same result? If you have the same result, will it be better to remove “l1” in buy direction? Screenshots attached for comparison.

l1 = signalline CROSSES OVER monthlyHigh

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l1 = signalline CROSSES OVER monthlyHigh

br,

CKW

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Reiner

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12/14/2016 at 6:34 AM #18500

Choo Jen-Sin

Hi Petrus,

we discussed this point here in the forum. Pathfinder consider sunday data if available (e.g. DAX, FTSE, DOW) and this is a benefit and not a lack. When you analyse which weekday is the most profitable one you will find ou that it is the Monday. There are several reasons for that well known statistical anomaly and IG sunday quotes bosst this efect.

Hi Reiner,

Is the majority of Pathfinder’s performance due to the breakout of the Sunday Daily Highs/Lows by the Signal Line?

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12/14/2016 at 10:51 AM #18510

Brage

Hi guys!

Watching/trading the Sweden OMX both on demo and live there was a difference between them today. Yesterday at 21.00 a long position was opened @1553,66 with a stop @1468,21 on both. Today at 9.00 the position on the demo was closed after the stop being changed to 1544.53 and hit but on the live the stop is still at 1468,21 and the position is still open. Any ideas why there is a difference?

And thanks to all for your contribution and sharing in this thread. It’s a really exciting journey with Reiners great trading system and I hope it will continue forward and be a solid auto system for all of us in our live trading:)

Brage
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12/14/2016 at 10:57 AM #18511

dajvop

@brage

I am running OMX V6b2 2013 live and mine opened long yesterday at 21.00 at 1553.66 and closed today at 09.03 at 1545.11.

Best regards, David

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Brage

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12/14/2016 at 12:56 PM #18516

Reiner

Hi Choo Jen-Sin,

The exceptional performace is the result of several aspects. Trading Monday breakout is only one of these.

Best, Reiner

Reiner
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12/14/2016 at 1:35 PM #18517

Reiner

Hi CKW,

we already discussed this point here because flowsen123 made the same discovery http://www.prorealcode.com/topic/pathfinder-trading-system/page/16/#post-16316

I confirm that l1 is the weakest long signal. The question is if the system get not over optimized and we will miss some good trades in the future e.g. last week the very profitable monthly high breakout. I personally tend to let it as it is.

I was wondering if you could check if some interessting asian indexes such as Singapur, China, Hang Seng are suitable for the Pathfinder breakout algo. Hang Seng works well, you will find in the forum an V5. The Australien index didn’t work.

Best, Reiner

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12/15/2016 at 12:03 PM #18567

Alco

Trade on dax 4h v6 closed yesterday at 21:00 with a €61,50 loss. Could someone confirm?

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12/15/2016 at 12:14 PM #18569

wp01

@Alco

A slightly difference but i can confirm a small loss of € 59,30 at 21:00 last night.

Regards,

Patrick

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12/15/2016 at 12:19 PM #18572

Jesús

Hi Alco,

I confirm that yesterday at 21:00 hours the trade of Pathfinder DAX V6 was closed with a loss of 58.30 €.

Jesús
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12/15/2016 at 1:01 PM #18576

Pere

Hi Alco, wp01, Jesús,

I don’t understand why you are reporting so small losses. In my demo, the short trade started on 12/12 at 17:00 hours and ended on 14/12 at 21:00, 13 bars in total and 310€ of losses. Anyone can confirm a loss of this size or similar?

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12/15/2016 at 1:10 PM #18577

dajvop

I am running v6 live, unaltered.

Opened short at 17.00 on the 12th at 11190.3 and closed yesterday at 21.00 (14 bars) at 11247.1 with a 56.8 € loss.

Best regards, David

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12/15/2016 at 1:10 PM #18578

Jimbob

Hi Petrus

No, I had a loss of around £60 on that trade with a position size of £1.

J.

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12/15/2016 at 1:19 PM #18579

wp01

Hi Petrus.

I can confirm 13 bars from 12/12 at 17:00 hours until 14/12 at 21:00. But the result is what i mentioned earlier; a loss of € 59,30. ( sell @ 11.190,30, buy @ 11.249,60).

It was pretty volatile at 21.00 last night due to the ratehike, maybe that could have cause the difference?

If you didn’t change anything in the code and you are also using V6 than it could not be only slippage that causes this. So, but three people confimed this small loss now so it should be easy to find i think.

Regards,

Patrick

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