Super trend 2h with stop loss very close

ALAIn · 2020-04-20T14:26:14+00:00

Hello, A very simple script (my 1st sharing) using the modified supertrend and on the DAX. All positions are closed before end of the day. It works on 1 hour and 2 hours on time. It is profitable with a spread of 3pips on IG. The default is the number of losses / number of wins. If anyone knows how to reduce the number of losses or improve the code, it’s welcome 🙂 Thank you for all feed backs.

Viewing 4 posts - 1 through 4 (of 4 total)

Author

Posts
04/20/2020 at 3:26 PM #127043 quote

ALAIn
Participant

Junior

Hello,
A very simple script (my 1st sharing) using the modified supertrend and on the DAX.

All positions are closed before end of the day.
It works on 1 hour and 2 hours on time. It is profitable with a spread of 3pips on IG.
The default is the number of losses / number of wins.
If anyone knows how to reduce the number of losses or improve the code, it’s welcome 🙂

Thank you for all feed backs.

supertrend-15873792268cp4l.jpg supertrend55_2h_dax.itf supertrend55_2h_dax-1.itf supertrend-15873792268cp4l1.jpg

04/20/2020 at 3:49 PM #127095 quote

swedshare
Participant

Senior

There is one tiny problem. The tick by tick mode was left out. You need this to get an accurate result when backtesting strategies.

tickbytick2.jpg tickbytick.jpg

04/21/2020 at 10:24 PM #127336 quote

ALAIn
Participant

Junior

Thanks for the info. I was not sure of the ‘role’ of that.

04/21/2020 at 11:00 PM #127347 quote

nonetheless
Participant

Master

tick by tick allows for multiple entries/exits within the same candle, which with a 2h TF can happen a lot.
Author

Posts