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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07/18/2017 at 5:08 PM #41011

Pfeiler

Updated the frontpage, updated dropbox and installed all V7 in the IG live environment successfully.

My expectation is, that stocks will see an uptrend after the “summer hole”. Maybe a bit early, but better now than too late.

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07/27/2017 at 10:38 AM #41780

Wisko

Hey,

due to the new bafin regulatories and the new “limited risk”-accounts on IG (german account, don’t know if it’s comparable to other countries), I hab some problems with the Pathfinder bots. They just stopped for unknown reason. Did anybody have the same problems?

Additionally the automatic trades now have guaranteed stops, which mean the margin of the trade equals the SL difference. With that in mind it could be difficult for the Pathfinder to cumulate trades in a trend phase.

Wisko

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07/27/2017 at 10:40 AM #41781

rejo007

I have had same problem with limited account.

So I have switched to expert account, I hope it will better.

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07/27/2017 at 10:48 AM #41782

Wisko

Are there some limitations for expert account in belgium? IG sent me an email that i either have to have a 500.000€+ account or be a real professional (working in finance sactor) to get that

Wisko

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07/27/2017 at 10:57 AM #41784

rejo007

No, no limitation, with my 9000€ account, it’s good.

just little question at phone to know if you trade for several years.

and question about your salary and your savings (no proof necessary).

But i don’t know if “expert account” will resolve the problem… i don’t have trade for know (one week) (but no order reject ) (with limit account the last week i have had some order reject)

sorry for my bad english

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07/27/2017 at 10:59 AM #41788

Wisko

The third way would be having enough trades with “high trading volume”. I wanted to know what that means but they didn’t tell me.

I asked for a professional account. They said they checked my account and i do not fulfill the requirements.

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07/27/2017 at 11:01 AM #41790

Wisko

OK, thanks.

Please tell me if you know more

Wisko

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07/27/2017 at 1:13 PM #41803

Reiner

Hi Guys,

I’m just testing the V7 robots in demo mode and had no problems so far. I checked the Bafin changes discussed here and the Pathfinder algo should continue to work as it is.

Let me know if you have some problems.

Best, Reiner

Reiner

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07/27/2017 at 1:40 PM #41807

Wisko

Hey Reiner,

i asked the prorealtime help desk to check why pathfinder stopped last night. Maybe there’s another reason for it.

But i think the guaranteed stops could be a problem because of the huge margin. At the moment a DOW trade is running (1 contract long) on Pathfinder V6 which produces a margin of nearly 1200€. If the Pathfinder starts to cumulate orders, maybe with a seasonal multiplier of 3 instead of 1 that could be critical.

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07/27/2017 at 2:22 PM #41811

Reiner

Hi Guys,

I have made a small extension in the V7 position size calculation. In V7 the position size will be calculated according the following formula:

size = default positionSize * trendMultiplier * saisonalPatternMultiplier

The default size will be increase if the weekly strategy performance is positiv and if saisonal pattern expect a positive sentiment. @reb and @nicolas remember me that this could be a risky behavior and the traded position size could be to high. For that reason I have added a maximum size per trade monitoring and together with the decimal lot size everyone can better adjust their risk to their account size.

You can control now with the variable maxPositionSizePerTrade the maximum size per trade independent from trend and saisonal booster.

Here is an example for the Pathfinder DAX V7. In the below code the maximum risk per trade is limited to 3 DAX contracts. Although the maximum position sizes was reduced to 6 (from 10) the performance of the V7 is the same as in V6 but with 40% lower risk.

// size calculation: size = positionSize * trendMultiplier * saisonalPatternMultiplier
ONCE positionSize = 1            // default start size
ONCE trendMultiplier = 2         // >1 with dynamic position sizing; 1 without
ONCE maxPositionSizePerTrade = 3 // maximum size per trade
ONCE maxPositionSizeLong = 6     // maximu size for a long position
ONCE maxPositionSizeShort = 6    // maximum size for a short position

// size calculation: size = positionSize * trendMultiplier * saisonalPatternMultiplier

ONCE positionSize = 1 // default start size

ONCE trendMultiplier = 2 // >1 with dynamic position sizing; 1 without

ONCE maxPositionSizePerTrade = 3 // maximum size per trade

ONCE maxPositionSizeLong = 6 // maximu size for a long position

ONCE maxPositionSizeShort = 6 // maximum size for a short position

Please find attached the adjusted V7 version for Dow and HangSeng. I’ll release the V7 for the other indices soon (FTSE, Nikkei, EuroStoxx, CAC, SAF).

Best, Reiner

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07/27/2017 at 3:34 PM #41822

Reiner

Pathfinder FTSE 4H V7

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07/27/2017 at 9:28 PM #41866

Nicolas

There is no “expert account” for German people, all germanese accounts are limited risk accounts, it’s the new BaFin regulation, sorry guys..

So a lot of strategies could not be tradable by German and should be modified. I don’t know if it is the case for Pathfinder. The code should be reviewed to confirm or not its compatibility.

Nicolas

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07/28/2017 at 7:05 AM #41874

rejo007

Since version 7, do you have open orders?

Just to make sure my configuration is good, because for now I have no order.

thank you very much

rejo007

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07/28/2017 at 7:42 AM #41875

Wisko

Good Morning Nicolas,

i talked to IG germany yesterday and it is possible to be classified as “professional customer” and get rid of the “limited risk” account and its limitations.

But you have to (one of those):

have a 500.000€+ account
work in finance sector for at least a year
do at least 10 trades per quarter with a “high trading volume”

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07/28/2017 at 8:27 AM #41878

Nicolas

@Wisko

Yes it is obvious that professional are not affected by this new regulation 🙂 Its purpose is only to “protect” retail traders.

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