Whati s the simplest trading system?

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  • #5544 quote
    cosmicsurfer
    Participant
    New

    Nicolas, what is the simplest and easiest trading system you have used to date that has produced the best results?

    #5545 quote
    Nicolas
    Keymaster
    Master

    Price rebound on support/resistance areas levels of any kind, in trending or ranging market.

    #5694 quote
    cosmicsurfer
    Participant
    New

    Do you have any code for a stategy like that?

    #7139 quote
    Nicolas
    Keymaster
    Master

    I do not have anything pre made but testing a bounce on a specific moving average with a ProScreener is very easy to code.  There are many manual trading strategies that can be semi automated with market screener. If anyone have ideas I can lend an hand of course to code them. 😉

    #7294 quote
    Adolfo
    Participant
    Senior

    Hey! Sounds like the million dollar question!

    I was close to answer:

    If Not OnMarket THEN
    BUY 1 CONTRACT AT MARKET
    ENDIF
    SET STOP %LOSS 1
    SET TARGET %PROFIT 3

    But looks like is no profitable anywhere and was a little joke 🙂

    I’m trying to develop a code for this support/resistance strategy and here is the code. Is not finished and i’m still trying to make it works.

    DEFPARAM CUMULATEORDERS = FALSE
    DEFPARAM PRELOADBARS = 0
    DEFPARAM FLATBEFORE = 090000
    DEFPARAM FLATAFTER = 220000
    
    REM VARIABLES
    maximo = Highest[240](high) 
    minimo = Lowest[240](low)
    
    REM PARAMETERS
    pipstop = 3
    pipsprofit = 10
    margin = 1*PipSize
    REM MONEY MANAGEMENT
    Capital = 10000
    Risk = 0.03
    equity = capital+strategyprofit
    maxrisk = round(equity*risk)
    myLOT = (maxrisk/pipstop)/PointValue
    
    if not shortonmarket then
    REM SWING HIGH DEFINITION
    c1 = High[1]>High[2] AND High<High[1]
    c2 = High[1]=maximo
    IF c2 then
    if c1 THEN
    venta = 1
    swh = High[1]-margin
    endif
    endif
    REM SHORT CONDITION
    IF High>High[1] THEN
    venta = 0
    endif
    IF venta = 1 THEN
    SELLSHORT myLOT CONTRACTS AT swh LIMIT
    SET STOP PLOSS pipstop
    SET TARGET PPROFIT pipsprofit
    ENDIF
    ENDIF
    IF Not LongOnMarket THEN
    c3 = Low[1]<Low[2] AND Low>Low[1]
    c4 = Low[1]=minimo
    IF c4 THEN
    IF c3 THEN
    compra = 1
    swl = Low[1]+margin
    ENDIF
    ENDIF
    IF Low<Low[1] THEN
    compra = 0
    ENDIF
    
    IF compra = 1 THEN
    BUY myLOT CONTRACTS AT swl LIMIT
    SET STOP PLOSS pipstop
    SET TARGET PPROFIT pipsprofit
    ENDIF
    endif
    
    graph swh
    graph swl

    Glad to here your coments and improvements on it

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Whati s the simplest trading system?


General Trading: Market Analysis & Manual Trading

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This topic contains 4 replies,
has 3 voices, and was last updated by Adolfo
9 years, 9 months ago.

Topic Details
Forum: General Trading: Market Analysis & Manual Trading
Language: English
Started: 04/18/2016
Status: Active
Attachments: No files
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