LeoParticipant
Veteran
Hi all,
I found great all your opinions, then before jump in another idea and spend hours like many other times.
I would like first to read you opinion ps about the following strategy (only long described opossite for short positions)
– time frame 5 min
– Stochastic oversold (14,3,3) or another values
– price above single moving average like 200 periods
– Entry and exit at supertrend simplified done by @verdi55
Thanks for your replies
Any entry based on oscillator with a trend indicator such as MA or SuperTrend could be a good one IMHO, it is kind of “universal technique”. As long as the trend last enough to cover your losses from market whipsaws, associated with a sweet money management, you are good. Of course, 5 minutes timeframe is not often the best choice to ride long trend, but you already know that.
LeoParticipant
Veteran
Thanks Nicolas for your Humble Opinion 😉
I feel like nowadays with so much adgorithm in market nothing of the classic school is working.
I feel the necessity of asking all of you.
Cheers
I feel like nowadays with so much adgorithm in market nothing of the classic school is working.
Depends mainly of what instrument you are talking about. Index are much more workable than forex pairs, in an intraday format, for instance.
LeoParticipant
Veteran
Hi all,
This morning I create this strategy., I just check if the program do what I want it to do. I only write it for long.
I didn’t back-/fwd- tested
// Festlegen der Code-Parameter
DEFPARAM CumulateOrders = False // Kumulieren von Positionen deaktiviert
DEFPARAM FlatBefore = 070000 // Antes de esta hora no se hace trading
DEFPARAM FlatAfter = 213000 // Después de esta hora no se hace trading
DEFPARAM PreLoadBars = 1000
indicator4=average[Pl](close)
indicator5 = CALL "Simplified supertrend"[Ks]
// Bedingungen zum Einstieg in Long-Positionen
indicator1 = Stochastic[Ps,Pk](close)
indicator2 = Average[Pd](indicator1)
c1= indicator2[1] < 20
c2 = (indicator1 CROSSES OVER indicator2)
c3 = close > indicator4
IF c1 and c2 and c3 THEN
BUY 1 CONTRACT AT indicator5 STOP
ENDIF
// Bedingungen zum Ausstieg von Long-Positionen
a1 = (indicator1 CROSSES UNDER indicator2)
a2 = (close CROSSES UNDER indicator5)
IF a1 OR a2 THEN
SELL AT MARKET
ENDIF
