Hello,
On Twitter, someone was manually backtesting CCI crosses under 100 with SMA200 increasing, on GLO (GL Events).
We were exchanging on the SL position, SMA200 vs SMA20.
I was thinking that BOLLINGERDOWN could be a good compromise, so decided to code this strategy, comparing the 3 SLs.

Assets: stocks
Period: Daily
Fees: 0.5% per order
Position: 1000EUR

DEFPARAM CumulateOrders=False

// Variables to optimize
CAPITALInit = 1000 // amount to invest
REINV = 0 // reinvest profits or not
strategy = 2 // SL BOLLINGERDOWN
RRR=1 // Risk Reward Ratio

IF REINV = 0 THEN
n = round((CapitalInit / close))
ELSIF REINV = 1 THEN
capital = (CAPITALinit + strategyprofit)
n = round((capital/close))
ENDIF

ma200 = Average[200]
c0 = Close>0.5
c1 = c0 and CCI[20] crosses under 100 and ma200>ma200[1]

IF strategy = 1 THEN // SL: MA20
sellprice = min(close*0.97,Average[20])
ELSIF strategy = 2 THEN // SL: Boll Inf
sellprice = min(close*0.97,BollingerDown[20])
ELSIF strategy = 3 THEN // SL: MA200
sellprice = min(close*0.97,Average[200])
ENDIF

// Buy order
if not LongOnMarket and c1 then
BUY n shares at market tomorrowopen
myStop = n*(close-sellprice)
SET STOP $LOSS myStop
SET TARGET $PROFIT RRR*myStop
ENDIF

PS: I don’t think similar subject exist. If yes, the post can be deleted of course

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