Strategy BIAS Light Crude OIL

Viewing 7 posts - 1 through 7 (of 7 total)
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    Posts
  • 08/16/2023 at 1:56 AM #219132 quote
    Aragorna
    Participant
    Junior
    //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

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

    results in attachment

    Senza-titolo.jpg Senza-titolo.jpg Senza-titolo2.jpg Senza-titolo2.jpg
    08/21/2023 at 2:30 PM #219430 quote
    sfl
    Participant
    Average

    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.

    Screenshot-2023-08-21-alle-15.26.47.png Screenshot-2023-08-21-alle-15.26.47.png
    08/21/2023 at 3:00 PM #219433 quote
    Aragorna
    Participant
    Junior

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

    08/21/2023 at 3:53 PM #219442 quote
    sfl
    Participant
    Average
    Aragorna wrote:

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

    Used Crude OIL (1€).

    08/21/2023 at 4:08 PM #219443 quote
    Aragorna
    Participant
    Junior

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

    08/22/2023 at 7:45 AM #219463 quote
    sfl
    Participant
    Average
    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.

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Strategy BIAS Light Crude OIL


ProOrder: Automated Strategies & Backtesting

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Aragorna @aragorna Participant
Summary

This topic contains 6 replies,
has 2 voices, and was last updated by sfl
2 years, 6 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 08/16/2023
Status: Active
Attachments: 3 files
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