Trendfollower EUR/USD 5M

• 05/19/2017 at 9:30 AM #36069
  GraHal

  I’ve started this thread for help / discussions around the Strategy link below …

  https://www.prorealcode.com/prorealtime-trading-strategies/trendfollower-eurusd-5m/

  I don’t get anything like the results shown on the link above, anybody offer any reason why or any thoughts at all please?

  Attached are results I get with the three versions shown on the link above.

  I’ve changed times to suit my Platform (from UTC+2 to UTC+1).

  It’s got to be something simple I’m missing surely?

  Many Thanks
  GraHal

  

  GraHal

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  06/16/2017 at 3:35 PM #38456
  imokdesign

  I felt the need to implement a Moneymanagement-System. Because I cant Prog this by myself, I took Kasper’s reinvestment version Code from “ALE’s Fractals breakout intraday Strategy EUR/USD 1H” and ty to implement it. Mayby it looks a little bit rudimentary, but it seems to be working! I also take some different Numbers. Does someone get similar results?

   

  // Timeframe M15 // EURUSD (IG - Markets) // Spread 1,5 pips DEFPARAM CumulateOrders = False DEFPARAM FLATBEFORE = 080000 DEFPARAM FLATAFTER = 210000 Reinvest=1 if reinvest then Capital = 10000 Risk = 1//0.1//in % pr position StopLoss = 26 REM Calculate contracts equity = Capital + StrategyProfit maxrisk = round(equity*(Risk/100)) MAXpositionsize=5000 MINpositionsize=1 Positionsize= MAX(MINpositionsize,MIN(MAXpositionsize,abs(round((maxrisk/StopLoss)))))//*Pointsize)))) else Positionsize=1 StopLoss = 26 Endif IF (abs(close-open[2]) > 0.006) THEN IF (close > open[2]) THEN BUY positionsize CONTRACT AT MARKET set stop loss stoploss*pointsize SET TARGET pPROFIT 191 ENDIF IF (close < open[2]) THEN SELLSHORT positionsize CONTRACT AT MARKET set stop loss stoploss*pointsize SET TARGET pPROFIT 191 ENDIF ENDIF

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  // Timeframe M15 // EURUSD (IG - Markets) // Spread 1,5 pips   DEFPARAM CumulateOrders = False DEFPARAM FLATBEFORE = 080000 DEFPARAM FLATAFTER = 210000   Reinvest=1 if reinvest then Capital = 10000 Risk = 1//0.1//in % pr position StopLoss = 26 REM Calculate contracts equity = Capital + StrategyProfit maxrisk = round(equity*(Risk/100)) MAXpositionsize=5000 MINpositionsize=1 Positionsize= MAX(MINpositionsize,MIN(MAXpositionsize,abs(round((maxrisk/StopLoss)))))//*Pointsize)))) else Positionsize=1 StopLoss = 26 Endif   IF (abs(close-open[2]) > 0.006) THEN IF (close > open[2]) THEN BUY positionsize CONTRACT AT MARKET set stop loss stoploss*pointsize SET TARGET pPROFIT 191 ENDIF   IF (close < open[2]) THEN SELLSHORT positionsize CONTRACT AT MARKET set stop loss stoploss*pointsize SET TARGET pPROFIT 191 ENDIF ENDIF

   

   

  

  imokdesign

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  06/16/2017 at 4:24 PM #38461
  Nicolas

  The result is not the same because the 60 pips comparison is not correctly calculated for your IG EUR/USD (1 decimal for that pair while it is coded with four ones in the code), just replace the line 25 of the code provided by imokdesign above :

  IF (abs(close-open[2]) > 60*pointsize) THEN

  1	IF (abs(close-open[2]) > 60*pointsize) THEN

   

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  Nicolas

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  07/19/2017 at 4:10 PM #41089
  Seemore Profit

  Hi ive been messing around with the code, and went back to the original simple code as it suited my risk profile better. I also didn’t like the size variation on the latest version, or the draw down.

  After some optimization i came up with this, which seems not to bad, but would be happy to listen to your views.

   

  // Timeframe M5 // EURUSD (IG - Markets) // Spread 1 pips DEFPARAM CumulateOrders = False DEFPARAM FLATBEFORE = 010000 DEFPARAM FLATAFTER = 210000 daysforbiddenentry = openDayofweek = 6 or opendayofweek = 0 IF (abs(close-open[8]) > 51*pointsize) THEN IF (close > open[8]) and not daysforbiddenentry THEN BUY 1 CONTRACTS AT MARKET SET STOP pLOSS 50 SET TARGET pPROFIT 90 ENDIF IF (close < open[8]) and not daysforbiddenentry THEN SELLSHORT 1 CONTRACTS AT MARKET SET STOP pLOSS 35 SET TARGET pPROFIT 90 ENDIF ENDIF

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  // Timeframe M5 // EURUSD (IG - Markets) // Spread 1 pips DEFPARAM CumulateOrders = False DEFPARAM FLATBEFORE = 010000 DEFPARAM FLATAFTER = 210000   daysforbiddenentry = openDayofweek = 6 or opendayofweek = 0   IF (abs(close-open[8]) > 51*pointsize) THEN IF (close > open[8]) and not daysforbiddenentry THEN BUY 1 CONTRACTS AT MARKET SET STOP pLOSS 50 SET TARGET pPROFIT 90 ENDIF IF (close < open[8]) and not daysforbiddenentry  THEN SELLSHORT 1 CONTRACTS AT MARKET SET STOP pLOSS 35 SET TARGET pPROFIT 90 ENDIF ENDIF

   

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  shephinc

  

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  07/21/2017 at 11:08 AM #41276
  Seemore Profit

  Sorry i forgot to mention, this is for EUR/USD and works best on 15 min. Will get back with some live trade results if anyone is interested.

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  01/21/2020 at 8:36 AM #117361
  imokdesign

  Of course, i am very interested at your life results. 🤗

  

  imokdesign

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