Trendfollower EUR/USD 5M

GraHal · 2017-05-19T08:30:42+00:00

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

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05/19/2017 at 9:30 AM #36069 quote

GraHal
Participant

Master

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

Trend5M.jpg

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

Senior
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
```
Bildschirmfoto-2017-06-13-um-17.48.41.png
06/16/2017 at 4:24 PM #38461 quote
Nicolas
Keymaster

Legend
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
```
GraHal thanked this post
07/19/2017 at 4:10 PM #41089 quote
Seemore Profit
Participant

Junior
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
```
shephinc thanked this post
07/21/2017 at 11:08 AM #41276 quote

Seemore Profit
Participant

Junior

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.

GraHal, shephinc and Nicolas thanked this post

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

imokdesign
Participant

Senior

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