Strategy BIAS Light Crude OIL

• 08/16/2023 at 1:56 AM #219132
  Aragorna

  //CLXXXX DEFPARAM CumulateOrders = false Oraacquisto= 050000 Oravendita = 080000 OraShort= 090000 OraCover = 170000 PositionSize=1 C1=ADX[20]>30 Timeframe(1 hour, default) IF Not LongOnMarket AND Time=Oraacquisto and C1 THEN BUY PositionSize CONTRACT AT MARKET ENDIF IF LongOnMarket AND Time=Oravendita THEN SELL PositionSize CONTRACT AT MARKET ENDIF IF Not shortOnMarket and Time=OraShort and C1 THEN sellshort PositionSize CONTRACT AT MARKET ENDIF IF shortOnMarket AND Time=OraCover THEN EXITSHORT AT MARKET ENDIF

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  //CLXXXX DEFPARAM CumulateOrders = false Oraacquisto= 050000 Oravendita = 080000 OraShort= 090000 OraCover = 170000 PositionSize=1 C1=ADX[20]>30 Timeframe(1 hour, default)   IF Not LongOnMarket AND Time=Oraacquisto and C1 THEN BUY PositionSize CONTRACT AT MARKET ENDIF IF LongOnMarket AND Time=Oravendita  THEN SELL PositionSize CONTRACT AT MARKET ENDIF IF Not shortOnMarket and Time=OraShort and C1 THEN sellshort PositionSize CONTRACT AT MARKET ENDIF IF shortOnMarket AND Time=OraCover  THEN EXITSHORT AT MARKET ENDIF

  Hi to everyone,

  just for learning, I’ve made a strategy on crude oil (I use Interactive broker, tested on future CLXXXX light crude oil),   backtesting time in different hours. Strategy has been backtested from 2009; ADX has been added as a filter. My question is, nowaddays does it still make sense create  a strategy like this? Bias strategy are still alive?

  if yes, How is it possbile to improve it? thank’s

  Alessio

  

  Aragorna

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  08/16/2023 at 2:04 AM #219133
  Aragorna

  results in attachment

  

  Aragorna

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  08/21/2023 at 2:30 PM #219430
  sfl

  Yes BIAS is working on CL, maybe not everyday of the week 🙂

  As you can see from the screenshot, avg trade is improved as well as equity curve,  anyway still too low for trading live, in my opinion.

  

  sfl

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  08/21/2023 at 3:00 PM #219433
  Aragorna

  My AVG trade is over 80. Why yours so low?

  

  Aragorna

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  08/21/2023 at 3:53 PM #219442
  sfl

  Aragorna wrote:

  My AVG trade is over 80. Why yours so low?

  Used Crude OIL (1€).

   

  

  sfl

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  08/21/2023 at 4:08 PM #219443
  Aragorna

  is it improvable for you? is it a strategy that makes sense to be improved?

  

  Aragorna

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  08/22/2023 at 7:45 AM #219463
  sfl

  Aragorna wrote:

  is it improvable for you? is it a strategy that makes sense to be improved?

  I think you should work on pattern filter and day of the week bias and try to improve the equity curve because as is it’s not good for trading live.

  

  sfl

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