Good job Nicolas, as always!

Actually, I’d like to build an algo that would make 40/50 points per day on the DAX, through one or several trades, every day. Between 9:00 a.m and 5:30 p.m Either long or short.

A consistent algo, with the requirement that it takes winning trades every day and achieves those 40/50 points. Stop loss to be defined.

No grid or martingale. Just 1 lot on each trade.Let’s do it, let’s build this algo together !

@Lifen, yes! let’s do it! 😉

@phoentzs

Sure, here is below the new version with a grid step in percentage, along with a profit exit in percentage of price also.

Here is what have changed:

• GridStep (fixed pips) is replaced by GridStepPct (percentage). The trigger price for the next grid buy is now computed as LastEntryPrice * (1 – GridStepPct / 100). With a 1% step and a last entry at 100, the next buy triggers at 99, at 200 it triggers at 198, and so on. The grid automatically scales with price level.
• TakeProfitPoints (fixed points multiplied by PointValue) is replaced by TakeProfitPct. The profit is now expressed as (Close – AvgPrice) / AvgPrice * 100, which gives a pure percentage gain relative to the weighted average entry price of the whole stack. The exit fires when that percentage reaches TakeProfitPct.
• CurrentProfit (absolute currency value) is gone entirely. ProfitPct replaces it in both exit conditions, keeping everything consistent in percentage terms.

// --------------------------------------------------------
// Strategy: Simple Accumulation Grid (Long Only)
// Risk: HIGH - No Stop Loss per trade
// Grid and profit target calculated in PERCENTAGES
// --------------------------------------------------------


DEFPARAM CumulateOrders = True // Essential for Grid


// Settings
GridStepPct = 1.0       // Distance between buys in % (e.g. 1.0 = 1%)
TakeProfitPct = 2.5     // Global profit target in % of average entry price
MaxPositions = 10       // Safety limit


sma1 = average[200]
sma2 = average[400]
uptrend = sma1 > sma2


// Entry Logic
IF Not OnMarket AND uptrend THEN
BUY 1 CONTRACT AT MARKET
LastEntryPrice = Close
ENDIF


// Add to Grid (Averaging Down)
// Trigger when price drops GridStepPct% below last entry price
IF LongOnMarket AND CountOfPosition < MaxPositions AND NOT uptrend THEN
GridTriggerPrice = LastEntryPrice * (1 - GridStepPct / 100)
IF Close <= GridTriggerPrice THEN
BUY 0.5 CONTRACT AT MARKET
LastEntryPrice = Close
ENDIF
ENDIF


// Exit Logic (Global Profit Target in %)
// PositionPrice = weighted average entry price of the whole stack
AvgPrice = PositionPrice
ProfitPct = (Close - AvgPrice) / AvgPrice * 100


IF (ProfitPct >= TakeProfitPct) OR (ProfitPct > 0 AND CountOfPosition > 1) THEN
SELL AT MARKET
ENDIF

Attached is “performance” of the code for NASDAQ 30min CFD, UTC+0 with weekend data. What a ride! 40k drawdown is ugly though

grid-strategy-NASDAQ-30-minutes.png