Perfect Trend Indicator with automatic trading

• 10/27/2017 at 1:31 PM #50722
  Eduardo Siverio

  Hi Nicolas, in order of your recommendation I´m writing here what I need to do for using your Perfect Trend indicator as an automatic trader. First of all, I want to operate in DAX Full Future in 1 minute, and I´ve made a list of paramethers that I wish it would have, for example:

  1. Open only longs
  2. Open longs when the blue dot gets on
  3. Limit: 5 points
  4. Stop: 5 points
  5. Close the operation if a red dot gets on
  6. Get a minimum of 20 points daily and a máximum of 24
  7. Maximum of operations daily: 150
  8. Schedule: From 8:00 to 17:00

  Thank you very much.

  Eduardo Siverio

  1 user thanked author for this post.

  Lotech123

  

  Eduardo Siverio

  Participant

  Topics: 1

  Replies: 8

  Been thanked: 2 times
  10/27/2017 at 3:26 PM #50725
  Nicolas

  When you speak English, it is obvious to open a thread in the English forum .. just saying it ..

  This is the code of the strategy you asked for. I omit the MaxDaily profit which I don’t think it is useful in this case, make your own tests and tell us how it goes..

  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated defparam flatbefore = 080000 defparam flatafter = 170000 // --- settings SlowLength = 7 // Slow length SlowPipDisplace = 0 // Slow pip displace FastLength = 3 // Fast length FastPipDisplace = 0 // Fast pip displace MinDailyProfit=20 //Max daily loss allowed (in points) // --- end of settings thigh1 = Highest[SlowLength](high)+ SlowPipDisplace*pointsize tlow1 = Lowest[SlowLength](low)- SlowPipDisplace*pointsize thigh2 = Highest[FastLength](high)+ FastPipDisplace*pointsize tlow2 = Lowest[FastLength](low)- FastPipDisplace*pointsize if barindex>2 then if Close>line1[1] then line1 = tlow1 else line1 = thigh1 endif if Close>line2[1] then line2 = tlow2 else line2 = thigh2 endif endif if (Close[0]<line1[0] and Close[0]<line2[0]) then trend = 1 endif if (Close[0]>line1[0] and Close[0]>line2[0]) then trend = -1 endif if (line1[0]>line2[0] or trend[0] = 1) then trena = 1 endif if (line1[0]<line2[0] or trend[0] = -1) then trena = -1 endif //---- // first time we launch the code, the trading is allowed once TradeAllowed=1 if intradaybarindex=0 then count=0 MyProfit=STRATEGYPROFIT TradeAllowed=1 endif // test if the strategyprofit of the day is currently above the daily profit allowed If StrategyProfit>=MyProfit+(MinDailyProfit*POINTVALUE) then TradeAllowed=0 endif if TradeAllowed and trena<>trena[1] and trend=-1 and not onmarket and count<150 then buy 1 contract at market endif if longonmarket and trend=1 then sell at market endif if longonmarket and tradeindex<>lastindex then count=count+1 lastindex=tradeindex endif SET STOP PLOSS 5 SET TARGET PPROFIT 5

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71

  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated defparam flatbefore = 080000 defparam flatafter = 170000   // --- settings SlowLength         = 7 // Slow length SlowPipDisplace    = 0 // Slow pip displace FastLength         = 3 // Fast length FastPipDisplace    = 0 // Fast pip displace MinDailyProfit=20 //Max daily loss allowed  (in points) // --- end of settings   thigh1 = Highest[SlowLength](high)+ SlowPipDisplace*pointsize tlow1  = Lowest[SlowLength](low)- SlowPipDisplace*pointsize thigh2 = Highest[FastLength](high)+ FastPipDisplace*pointsize tlow2  = Lowest[FastLength](low)- FastPipDisplace*pointsize   if barindex>2 then if Close>line1[1] then line1 = tlow1 else line1 = thigh1 endif if Close>line2[1] then line2 = tlow2 else line2 = thigh2 endif endif   if (Close[0]<line1[0] and Close[0]<line2[0]) then trend =  1 endif if (Close[0]>line1[0] and Close[0]>line2[0]) then trend = -1 endif if (line1[0]>line2[0] or trend[0] =  1) then trena =  1 endif if (line1[0]<line2[0] or trend[0] = -1) then trena = -1 endif   //---- // first time we launch the code, the trading is allowed once TradeAllowed=1 if intradaybarindex=0 then count=0 MyProfit=STRATEGYPROFIT TradeAllowed=1 endif   // test if the strategyprofit of the day is currently above the daily profit allowed If StrategyProfit>=MyProfit+(MinDailyProfit*POINTVALUE) then TradeAllowed=0 endif if TradeAllowed and trena<>trena[1] and trend=-1 and not onmarket and count<150 then buy 1 contract at market endif if longonmarket and  trend=1 then sell at market endif if longonmarket and tradeindex<>lastindex then count=count+1 lastindex=tradeindex endif   SET STOP PLOSS 5 SET TARGET PPROFIT 5

   

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20828

  Been thanked: 4742 times
  10/27/2017 at 4:32 PM #50742
  Eduardo Siverio

  Muchas gracias Nicolas y mil disculpas por lo del inglés, desconocía que estaba en el foro en español.

  Una pregunta, me aparece un error de sintaxis en la fila 5, qué debo hacer para corregirlo?

   

  Gracias

  1 user thanked author for this post.

  Lotech123

  

  Eduardo Siverio

  Participant

  Topics: 1

  Replies: 8

  Been thanked: 2 times
  10/27/2017 at 7:35 PM #50750
  Nicolas

  The topic is now in the English forum, do not speak Spanish please. There is no syntax error in the code, please copy/paste it once more.

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20828

  Been thanked: 4742 times
  10/28/2017 at 3:38 PM #50782
  Eduardo Siverio

  Sorry for the spanish.

  I´m attaching the error the system gives me, I´ve tryed several times copying and pasteing the program but I can´t validate it. Also I´ve erased the symbol that is giving me the “error” and the thing became worse. When I downloaded your Perfect trend indicator was from an ITF file, I don´t know if it´s posible to have this code like an ITF file too to import it directly and avoid the copy/paste. Please excuse my ignorance in this subject.

   

  Thank you

   

  Eduardo Siverio

  

  Eduardo Siverio

  Participant

  Topics: 1

  Replies: 8

  Been thanked: 2 times
  10/28/2017 at 4:03 PM #50784
  Nicolas

  Totally odd, what is the “symbol” you erased that give you the error? There is no character at line 5!

  Please try to delete the “añadir” variable that still exist (certainly from a previous code) in the optimisation settings.. Variable name can’t have accent, this is what may cause the problem here.

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20828

  Been thanked: 4742 times
  10/28/2017 at 4:34 PM #50787
  Eduardo Siverio

  Well, I can´t see the symbol, but the space is being occuped by a ” ” (I´ve copied and pasted it, is between question marks), and it appears in lines 5, 13, 18, 31, 44, 53, 58 and 69 too. I erased everything and paste only the code, but it remains the “sintaxis error”. In the attachment you can see what it looks like.

  

  Eduardo Siverio

  Participant

  Topics: 1

  Replies: 8

  Been thanked: 2 times
  10/28/2017 at 5:29 PM #50790
  Nicolas

  I think the way you copy/paste code from here is wrong. Are you on PC or MAC or LINUX? What is your web browser?

  Please find below the instructions on how to copy/paste code from this website.

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20828

  Been thanked: 4742 times
  10/28/2017 at 5:46 PM #50793
  Eduardo Siverio

  Got it!

  Thank you, on monday i`ll try it in demo.

   

  

  Eduardo Siverio

  Participant

  Topics: 1

  Replies: 8

  Been thanked: 2 times
  11/03/2017 at 1:09 PM #51398
  Eduardo Siverio

  Hi Nicolas,

  I adjusted the limit and the stop in the backtest, I put Limit 6 and stop 8. The result in a walk forward was terrible. My idea was to earn 50 points per week, and between monday and wednesday I earned 28.5 points (not bad) but between thursday and friday I lost 51 points. The result is -22.5/week. My idea doesn´t works. So, If you have some recomendation to improve the code (or another code) I´ll be glad to read about it. Thank you for your time.

   

  Eduardo

  

  Eduardo Siverio

  Participant

  Topics: 1

  Replies: 8

  Been thanked: 2 times
  11/03/2017 at 3:53 PM #51427
  Nicolas

  Why not backtesting it and try to improve the strategy? Testing a strategy only during one week should not guarantee if it is worth nothing (or if it’s worth one million dollars too .. ).

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20828

  Been thanked: 4742 times
  11/03/2017 at 3:56 PM #51432
  Eduardo Siverio

  thank you again, I´ll try to improve it.

  

  Eduardo Siverio

  Participant

  Topics: 1

  Replies: 8

  Been thanked: 2 times
  11/05/2017 at 10:59 AM #51554
  Eduardo Siverio

  Hi Nicolas,

  It´s posible to add a maximum daily loss to the code and a trailing stop of 1 point that activates when the value gets the target profit?

   

  Thank you

   

  Eduardo

  

  Eduardo Siverio

  Participant

  Topics: 1

  Replies: 8

  Been thanked: 2 times
  11/05/2017 at 1:49 PM #51559
  Nicolas

  A trailing stop of “only” 1 point should not work, it depends mainly of the allowed stop distance from price from your broker (and it’s different for every single security).

  About a daily loss trigger, you have something already available in this blog post: https://www.prorealcode.com/blog/learning/max-profit-loss-day-trading-strategy/

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20828

  Been thanked: 4742 times
  11/05/2017 at 5:41 PM #51569
  Eduardo Siverio

  thank you Nicolas

  

  Eduardo Siverio

  Participant

  Topics: 1

  Replies: 8

  Been thanked: 2 times
• Author
  Posts