Sharing Idea and feedback –> Ibex / Dax / Cac / EU / SP / Nasdaq / WS

Hi all,

Would like to share my strategy, very simple, nothing too complicated . Wanted to ask for feedback and any ideas of improvement.

Regards

Note: standard takeprofit and stoploss =100 points

For WS

takeprofit = 200 //takeprofit in points

stoploss = 200 //stoploss in points

For EU

takeprofit = 50 //takeprofit in points

stoploss = 50 //stoploss in points

DEFPARAM CumulateOrders = false // Acumulación de posiciones desactivada

units=10              //units to buy or sell
takeprofit = 100     //takeprofit in points
stoploss = 100       //stoploss in points
BreakevenAt = 25     //percent achieved of target to move stop to entry (breakeven)
PointsToKeep = 1     //how much points to keep in profit above of below our entry price when the breakeven is activated (beware of spread)


// Condiciones para entrada de posiciones largas
indicator1 = ExponentialAverage[30](close)
indicator2 = ExponentialAverage[60](close)
c1 = (indicator1 > indicator2)
indicator3 = ExponentialAverage[60](close)
c2 = (close < indicator3)

IF c1 AND c2 THEN
BUY units CONTRACT AT MARKET
SET STOP pTRAILING stoploss
ENDIF

// Condiciones de entrada de posiciones cortas
indicator6 = ExponentialAverage[30](close)
indicator7 = ExponentialAverage[60](close)
c4 = (indicator6 < indicator7)
indicator8 = ExponentialAverage[60](close)
c5 = (close > indicator8)

IF c4 AND c5 THEN
SELLSHORT units CONTRACT AT MARKET
SET STOP pTRAILING stoploss
ENDIF

//reset the breakevenLevel when no trade are on market
IF NOT ONMARKET THEN
breakevenLevel=0
ENDIF

startBreakeven = (BreakevenAt/100)*takeprofit      //how much points in gain to activate the breakeven function

// --- BUY SIDE ---
//test if the price have moved favourably of "startBreakeven" points already
IF LONGONMARKET AND close-tradeprice(1)>=startBreakeven*pipsize THEN
//calculate the breakevenLevel
breakevenLevel = tradeprice(1)+PointsToKeep*pipsize
ENDIF

//place the new stop orders on market at breakevenLevel
IF LONGONMARKET AND breakevenLevel>0 THEN
SELL AT breakevenLevel STOP
ENDIF


// --- SELL SIDE ---
//test if the price have moved favourably of "startBreakeven" points already
IF SHORTONMARKET AND tradeprice(1)-close>=startBreakeven*pipsize THEN
//calculate the breakevenLevel
breakevenLevel = tradeprice(1)-PointsToKeep*pipsize
ENDIF

//place the new stop orders on market at breakevenLevel
IF SHORTONMARKET AND breakevenLevel>0 THEN
EXITSHORT AT breakevenLevel STOP
ENDIF

General.itf 2019-08-19.png