Im looking to create my own system thats based on TheStrat and “full timeframe continuity” meaning, the more TF that are in the same directions, the better. Pure priceaction system that seems very popular.
If anyone could help me code the following:
- Timeframes: 1m, 5m, 15m, 30m, 1h, 4h, Daily, Weekly, Monthly (would love to have an option to turn on/off every single TF, to be able to backtest different combos of TF) if not possible, use Monthly, Weekly, Daily and 1h
- When selected TF have the same candle color, go long/short
- SL: x, TP: y
- Optional trendfilter, above/below ma200 on daily (prefered to code a turn on/off option)
- If possible to use this MM system below: (prefered to code a turn on/off option for MM) else standard size 1 lot
- Time filter, trade only between 090000 and 173000
once os = 1 //ordersize - can be any number depending on account size.
once osa = os
once kax = 15 //15
once teilung = 2 //1.5 reducing the ordersize after winning trade
//once zl=2 // 2 Ziellevel. Quadrant wird in zl Teile geteilt, je weniger, desto höher das Ziel
//once mgr=60 // 40 Mindestgröße des Channels
once ff = twice //2.5 increasing ordersize after losing trade. (for first 2 consecutive losses)
once ff2 = third //1.2 times the size after the THIRD consecutive LOSS
once ff3 = fourth //1.4 times the size after the FOURTH consecutive LOSS
once ff4 = fifth //1.7 times the size after the FIFTH consecutive LOSS (beyond 5 losses, stop increasing)
once maxcon = 50// defing the maximum ordersize
once losses = 0
if strategyprofit>sp then // and if equity reaches maximum again.
os = osa
sp = strategyprofit
endif
start=0
endif
if strategyprofit<strategyprofit[1] then // increasing ordersize when losing
losses = losses + 1
IF losses <= 2 then
os = os * ff
elsif losses = 3 then
os = os * ff2
elsif losses = 4 then
os = os * ff3
elsif losses = 5 then
os = os * ff4
endif
//if os>maxcon then
//os=maxcon
//endif
os = min(os,maxcon)
endif
start = 1
endif
if strategyprofit>strategyprofit[1] then // decreasing ordersize when winning
losses = 0
start = 1
os = 1 //teilung
//if os<osa then
//os=osa
//endif
os = max(osa,os)
endif
You can use at most 6 different TFs in your code, so in your case you will have to drop 3 of those you mentionned, then duplicate the strategy and replace three TFs with the missing ones.
I’ll code it asap.
Which are the prefered 6 timeframes you want to start with?
wow, thanks roberto!!! 😀
go with monthly, weekly, daily, 1h, 15m and 5m
There you go:
DEFPARAM CumulateOrders = False
//
Timeframe(Monthly,UpdateOnClose)
BullishM = close > open
BearishM = close < open
//
Timeframe(Weekly,UpdateOnClose)
BullishW = close > open
BearishW = close < open
//
Timeframe(Daily,UpdateOnClose)
BullishD = close > open
BearishD = close < open
ma200 = average[200,0](close)
//
Timeframe(1h,UpdateOnClose)
Bullish1H = close > open
Bearish1H = close < open
//
Timeframe(15mn,UpdateOnClose)
Bullish15 = close > open
Bearish15 = close < open
//
Timeframe(5mn,UpdateOnClose)
Bullish5 = close > open
Bearish5 = close < open
//
Timeframe(default)
//
TimeCond = time >= 090000 AND time <= 173000
//
// replace OR 0 with OR 1 to disable one or more conditions
//
LongCond = TimeCond OR 0
LongCond = LongCond AND BullishM OR 0
LongCond = LongCond AND BullishW OR 0
LongCond = LongCond AND BullishD OR 0
LongCond = LongCond AND Bullish1H OR 0
LongCond = LongCond AND Bullish15 OR 0
LongCond = LongCond AND Bullish5 OR 0
LongCond = LongCond AND close > ma200 OR 0
//
ShortCond = TimeCond OR 0
ShortCond = ShortCond AND BearishM OR 0
ShortCond = ShortCond AND BearishW OR 0
ShortCond = ShortCond AND BearishD OR 0
ShortCond = ShortCond AND Bearish1H OR 0
ShortCond = ShortCond AND Bearish15 OR 0
ShortCond = ShortCond AND Bearish5 OR 0
ShortCond = ShortCond AND close < ma200 OR 0
//
ONCE SL = 20
ONCE TP = SL * 6
//
once os = 1 //ordersize - can be any number depending on account size.
once osa = os
once kax = 15 //15
once teilung = 2 //1.5 reducing the ordersize after winning trade
//once zl=2 // 2 Ziellevel. Quadrant wird in zl Teile geteilt, je weniger, desto höher das Ziel
//once mgr=60 // 40 Mindestgröße des Channels
once ff = 2.5//twice //2.5 increasing ordersize after losing trade. (for first 2 consecutive losses)
once ff2 = 1.2//third //1.2 times the size after the THIRD consecutive LOSS
once ff3 = 1.4//fourth //1.4 times the size after the FOURTH consecutive LOSS
once ff4 = 1.7//fifth //1.7 times the size after the FIFTH consecutive LOSS (beyond 5 losses, stop increasing)
once maxcon = 50// defing the maximum ordersize
once losses = 0
if strategyprofit>sp then // and if equity reaches maximum again.
os = osa
sp = strategyprofit
endif
start=0
if strategyprofit<strategyprofit[1] then // increasing ordersize when losing
losses = losses + 1
IF losses <= 2 then
os = os * ff
elsif losses = 3 then
os = os * ff2
elsif losses = 4 then
os = os * ff3
elsif losses = 5 then
os = os * ff4
endif
//if os>maxcon then
//os=maxcon
//endif
os = min(os,maxcon)
endif
start = 1
if strategyprofit>strategyprofit[1] then // decreasing ordersize when winning
losses = 0
start = 1
os = 1 //teilung
//if os<osa then
//os=osa
//endif
os = max(osa,os)
endif
//
IF LongCond AND Not OnMarket THEN //use Not LongOnMarket to Stop & Reverse
BUY os CONTRACTS AT MARKET
ENDIF
IF ShortCond AND Not OnMarket THEN //use Not ShortOnMarket to Stop & Reverse
SELLSHORT os CONTRACTS AT MARKET
ENDIF
//
SET STOP pLOSS SL
SET TARGET pPROFIT TP
Wow, perfect Roberto! thanks alot! 😀
Could i ask for you to add two different entry criterias? option to activate or deactivate like you did with the different timeframs.
Entry #1: when the lowest TF cross over/under ema5
Entry #2: when rsi3 cross over 30/under 70
Timeframes cannot be used with options to enable/disable them. You have two choices:
- disable the timeframe by adding two leading backslashes on that line
- changing the value of the timeframe (say change DAILY to 4H, still leaving variables unchanged if you prefer).
Entry #1 and #2 are to be both met on the lowest TF?
The two new conditions are to be added or shall they replace the existing Bullish/Bearish condition?
i see, but i can set 1 on long cond (line 36) to disable weekly bias right?
when Monthly, Weekly, Daily, 1h, m15 and m5 are green, buy when rsi3 cross above 30 or price cross above ema5 on m5 TF
reverse for shorts. 70 level for short on rsi.
thanks roberto!!
