Pathfinder Trading System

• 02/22/2017 at 5:43 PM #26068
  GraHal

  Ha … I added the Indicator  ‘Bid-Ask Colour Band’ to my Chart and the Bid is often below the Low of the bar and the Ask is often above the High of the Bar.

  Logically you would think Low of any bar is the lowest Bid  price during that bar … but it is not the case!

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  MichiM

  

  GraHal

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  02/23/2017 at 11:26 PM #26253
  torkelab

  Hi Reiner and thanks for your effort!

  How  many contracts at max is this Pathfinder-DAX-4H-V6-4k.itf made for?

  I´ve tried to search but the number of forum answers are so vast.

  Quote”Hi axmichi and welcome, you asked for a setup with a very low risk. Pathfinder is using grid order mechanism on the long side to achieve the exceptional performance. The algo needs room to cumulate for that feature and due to that fact the smallest account size I can recommend is 4k Euro. Please find attached a tweaked DAX version for a 4k Euro account. Best, Reiner”

  Brgds

  Tim

   

  

  torkelab

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  02/24/2017 at 12:56 PM #26274
  noisette

  Hi Reiner and all

  Thank you for you code I’m trying in demo mode.

  As these days DAX is playing around it’s highest ever, I was thinking if it were not a good idea to add conditions in this area.

  Did you try this?

  

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  02/24/2017 at 1:21 PM #26275
  CN

  PF v6 Dax closed the +3 pos with a loss and opened a short at 11750

   

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  sorosuub, MichiM, Mark

  

  CN

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  02/24/2017 at 1:22 PM #26276
  silotests

  @CN

  Confirmed.

  

  silotests

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  02/24/2017 at 1:56 PM #26278
  BC

  DAX PF V6

  Closed long@11,754, 3 positions

  Opened short@11,755, 2 positions

  

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  02/24/2017 at 2:28 PM #26279
  CN

  I only have 1 short pos…

  

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  02/24/2017 at 2:56 PM #26284
  BC

  Hi CN

  Sorry to make u confuse, my DAX V6 was modified to fit IG minimum requirement (2 positions).

   

   

  

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  02/24/2017 at 7:28 PM #26299
  stefou102

  Hi Reiner, not sure but I may have found an error in the code.

  When you calculate the position profit, to see if you shouldn’t stop the trade if there is no profit after x bar, I think you should separate the case when you are long or short.

  Your code:

  posProfit = (((close – positionprice) * pointvalue) * countofposition) / pipsize
  numberCandles = (BarIndex – TradeIndex)

  My code:

  IF LONGONMARKET THEN
  posProfit = (((close – positionprice) * pointvalue) * countofposition) / pipsize
  numberCandles = (BarIndex – TradeIndex)
  ENDIF
  IF SHORTONMARKET THEN
  posProfit = (((positionprice-close) * pointvalue) * countofposition) / pipsize
  numberCandles = (BarIndex – TradeIndex)
  ENDIF

  

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  02/24/2017 at 9:17 PM #26304
  CN

  PF FTSE v6 has opened a short pos @ 7256.3

  

  CN

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  02/24/2017 at 10:59 PM #26310
  Reiner

  Not a good day for Pathfinder, 684 loss with the DAX and 148 loss with FTSE.

  

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  02/24/2017 at 11:02 PM #26312
  Reiner

  @torkelab

  please check the variable maxPositionSizeLong, the max contract size for the small account version are 3 contracts

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  torkelab

  

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  02/24/2017 at 11:15 PM #26313
  Reiner

  @noisette

  Pathfinder’s core algo is a breakout mechanism and this idea needs price action and works usually good in bull markets with all time highs, I agree last DAX trade was an ugly trade but unfortunately nobody can predict the market, of course we could optimize this behavior and may be avoid scenarios like today but you’ll probably also miss some very profitable trades.

  To answer your question: no I did’t consider over bought sentiment until now but I think it’s worth to check it

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  Midlanddave

  

  Reiner

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  02/24/2017 at 11:41 PM #26314
  Reiner

  @stefou102

  the used formular works for long and short trades because countofposition for short trades is negativ

  

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  02/25/2017 at 12:04 AM #26317
  Robin

  Losses are part of the game 😉 Nothing to worry about when you look at the Pathfinder gains! If you didn’t go long at all time highs, you’d have missed all the Dow gains!! Dax was quite a bit below its high of just under 12400 anyway, could easily have revisited this level. The second you start second guessing the markets you lose. I’m looking forward to the next big trade after this pullback 🙂

  

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