Trying to build a simple strategy and test it

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05/18/2020 at 4:13 PM #132168 Report

unutoiul

Hi Guys,

I would like to build a simple strategy and test it…I would like to test a moving price average by percentage every 3min to check if the percentage is higher then 0.3%…

If the percentage is high for going UP I will like a BUY position, if is higher for going DOWN I will like a SELL position.

Basically follow the momentum trade.

I attached here my CODE and a print screen and I don’t understand why when I backtested looks I always have gains…also when I change the STOP or LIMIT PROFIT to HIGHER I don’t get any results.

also with more than 3 days of data doesn’t seem to work ..I would like to test this strategy on 1-year data.

Thanks,

Lucian

CODE:

maxPercentage = 0.3


movingPercetange = (close - close[1]) / close * 100


IF movingPercetange >= maxPercentage THEN
IF movingPercetange > 0 THEN
BUY 1 SHARE AT MARKET
ELSE
SELL 1 SHARE AT MARKET
ENDIF
ENDIF
//Stop && Limit
SET STOP LOSS 30
SET TARGET PROFIT 10