MarkParticipant
Senior
There seems to be a common sunglasses selfie theme among profile pictures! Haha!
ALEModerator
Master
YES … WE AREN’T HUMANS, WE ARE ROBOTS
Sorry, I don’t have any profile picture with sunglasses, so I don’t know if I can post here 🙂
About seasonality, is this indicator could be of interest to determine Pathfinder’s boost? https://www.prorealcode.com/topic/lowest-low-highest-high/#post-20868
AlcoParticipant
Senior
@mark
Which version of FTSE are you running live?
Hi Mark,
Sorry for the late answer but I’ve no time for Pathfinder at the moment. As requested here the Pathfinder indicator that I’m using for the DAX version.
Best, Reiner
// Pathfinder indicator
// show all lines and levels of Pathfinder TS
// DAX V6
ONCE periodFirstMA = 5
ONCE periodSecondMA = 10
ONCE periodThirdMA = 3
// calculate signalline with multiple smoothed averages
firstMA = WilderAverage[periodFirstMA](close)
secondMA = TimeSeriesAverage[periodSecondMA](firstMA)
signalline = TimeSeriesAverage[periodThirdMA](secondMA)
// calculate daily high/low (include sunday values if available)
dailyHigh = DHigh(1)
dailyLow = DLow(1)
// calculate weekly high/low
IF DayOfWeek < DayOfWeek[1] THEN
weeklyHigh = Highest[BarIndex - lastWeekBarIndex](dailyHigh)
weeklylow = Lowest[BarIndex - lastWeekBarIndex](dailyLow)
lastWeekBarIndex = BarIndex
ENDIF
// calculate monthly high/low
If Month[1] <> Month[2] then
monthlyHigh = Highest[BarIndex - lastMonthBarIndex](dailyHigh)
monthlyLow = Lowest[BarIndex - lastMonthBarIndex](dailyLow)
lastMonthBarIndex = BarIndex
ENDIF
// filter
shortMA = Average[50]
longMA = Average[300]
return signalline AS "signal line", dailyHigh coloured(153,153,0) AS "daily High", dailyLow coloured(153,153,0) AS "daily Low", weeklyHigh coloured(255,153,153) AS "weekly High", weeklyLow coloured(255,153,153) AS "weekly Low", monthlyHigh coloured(153,153,255) AS "monthly High", monthlyLow coloured(153,153,255) AS "monthly Low", shortMA coloured(0,0,255) AS "short Average", longMA coloured(255,153,0) AS "long Average"
AlcoParticipant
Senior
Ok thanks Mark,
But the version only has 70% winning trades and €2313 drawdown. Not the best stats.. I tried to tweek it a bit. But I get the drawdown at €1950 but then the winning trades are only 66% and 4k more profit.
MarkParticipant
Senior
I want to run 2 pathfinder instrument alongside each other, im currently looking for the best instrument to run alongside the DAX. i want to come to a decision soon and let them run for 6months without tampering with them. i was thinking either FTSE or DOW what are your thoughts?
AlcoParticipant
Senior
Dow looks pretty good!
I like these the most.
#1 Dax
#2 Dow
#3 FTSE
#4 Hang Seng (for larger accounts)
Difficult to say. But Dow is more profitable in the past. So I would choose the dow.
Hi Pathfinders! 🙂
Just to raise awareness to the back test results differs from Live results I came across this post
But is this also what we see from time to time in Pathfinder? I have seen it on the exits and entries- Trades in Back test continues and Live are exit as it supposed to. Entries are made in backtest but conditions are not met. Let me give an example.
On Pathfinder DAX V6 4H backtest made a short entry @13:00 2nd Jan 2017 and Demotrade did not. We can see that the signalline did not enter any of the condition in the candle @09:00 before the trade
s1 = signalline CROSSES UNDER monthlyHigh
s2 = signalline CROSSES UNDER dailyLow
So it just a feeling that I have seen this before- anyone else have seen this? Because if the back test is not trustworthy- what is?
Cheers Kasper
Hi Guys,
I checked the best Pathfinder 4H systems today and you will find the latest versions V6 for DAX, DOW, FTSE and Hang Seng here.
DAX:
- reduce maximal position size to 10
- optimize and review all parameters
DOW:
- extend the backtest to 200.000 candles (from 2006)
- optimize and review all parameters
FTSE:
Hang Seng:
- new V6 created based on Alco’s and David’s work – Thanks for your support
Best, Reiner
@Elsborgtrading you are right, there are many differences from backtest and live trading…. i don’t understand why
Hey Elsborgtrading,
I read the discussion in the other topic you mentioned. there the problem was the differences in the trading time.
I have not checked yet, but do you think the backtest/live differences could be caused by holiday (days withou prices for the instrument). But even if this is the reason, there still is the problem that one cannot say if the backtest shows a propper result.
Until there is a solution, anytime pathfinder opens a position I check manual if the conditions are correct.