Thanks for that, I’ve really battled with it this evening, but like you, I’m a couple of G&Ts and some craft ales deep, and now I’m not seeing the wood for the trees. But I didn’t want to end the day without something to show for our efforts.

I ended up running this, and it’s miles away from the expected results I had from manual backtesting, so I think I’m back to the drawing board.

Here’s the code I ended up with:

DEFPARAM CumulateOrders = False // Cumulating positions deactivated
 
// Conditions to enter long positions
 
Timeframe (Daily, updateonclose)
 
indDaily = ExponentialAverage[200](close)
cDaily =  (close > indDaily)
 
Timeframe (30 mn, updateonclose)
 
ind30m = ExponentialAverage[200](close)
c30m = (close crosses over ind30m)
 
indicator1 = ExponentialAverage[200](close)
 
c1 = (close > indicator1)
 
indicator2 = MACDline[12,26,9](close)
 
indicator3 = ExponentialAverage[9](MACDline[12,26,9](close))
 
c2 = (indicator2 CROSSES OVER indicator3)
 
IF cDaily AND c30m AND c1 AND c2 THEN
 
BUY 1 SHARES AT MARKET
 
ENDIF

// Conditions to enter short positions
 
Timeframe (Daily, updateonclose)
 
indDaily = ExponentialAverage[200](close)
cDailySell =  (close < indDaily)
 
Timeframe (30 mn, updateonclose)
 
ind30m = ExponentialAverage[200](close)
c30mSell = (close crosses under ind30m)
 
indicator1 = ExponentialAverage[200](close)
 
c3 = (close < indicator1)
 
indicator2 = MACDline[12,26,9](close)
 
indicator3 = ExponentialAverage[9](MACDline[12,26,9](close))
 
c4 = (indicator3 CROSSES UNDER indicator2)
 
IF cDaily AND c30mSell AND c3 AND c4 THEN
 
SELL 1 SHARES AT MARKET
 
ENDIF

// Stops and targets
 
SET STOP pLOSS 50
 
SET TARGET pPROFIT 100

and the corresponding results are attached.

However, the code I had above in the thread yielded much better results over the year, and this wasn’t using multiple time frames (also see results attached)

I think something’s amiss, to be honest, but I’m too confused and don’t know how to code myself, I just use the ‘simplified creation’ bit normally, or I take programmed code and tinker using as much common sense/logic as I’m able to muster haha.

Anyway, back to the drawing board. I really appreciate the help on trying to code this, my expectations of how it should perform (based on manual backtesting on GBP/USD over 7 months in 2020 are:

• Profit = 11%
• Trades = 37
• Win Rate = 76.19%
• Max Consecutive Wins = 3
• Max Consecutive Losses = 4
• Max Drawdown = 7%
• Max Run up = 12%

Hope you’ve had a great weekend GraHal. I’m sure as I get more involved in the community I’ll be able to better solve errors and contribute. But I have to find the time to start formerly learning how first!

Cheers

Matt

Screenshot-2020-08-09-at-20.16.21.png Screenshot-2020-08-09-at-20.03.33.png