Why do we think so complicated? Opening strategies

phoentzs · Thu, 05 Aug 2021 13:49:13 +0000

Some time ago I dealt a little with opening strategies and now I’ve pulled out some again … and was surprised how well it seems to work. Without any magic indicator … I updated this one and it looks pretty good. Timeframe M2 because SL / TP can be scaled better in shorter times. I am particularly proud of the trend filter, this simplicity leaves no room for over-optimization. Also works great in other indices or in the commodities market. I would like to have known your opinion. What do you think about that? Does anyone have an idea for improvement as well?

This topic has 16 replies, 4 voices, and was last updated 4 years ago by phoentzs.

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08/06/2021 at 4:27 PM #174845

XORANDNOT

A short code for slippage correction :

c100 = barindex = tradeindex
spread = 1.2

If longonmarket and c100 then
priceinlong = open + spread / 2
set stop ploss sl + (positionprice - priceinlong)
set target pprofit tp - (positionprice - priceinlong)
endif

If shortonmarket and c100 then
priceinshort = open – spread / 2
set stop ploss sl + (priceinshort - positionprice)
set target pprofit tp - (priceinshort - positionprice) 
endif

c100 = barindex = tradeindex

spread = 1.2

If longonmarket and c100 then

priceinlong = open + spread / 2

set stop ploss sl + (positionprice - priceinlong)

set target pprofit tp - (positionprice - priceinlong)

endif

If shortonmarket and c100 then

priceinshort = open – spread / 2

set stop ploss sl + (priceinshort - positionprice)

set target pprofit tp - (priceinshort - positionprice)

endif

XORANDNOT

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08/06/2021 at 4:34 PM #174847

phoentzs

Thanks, I’ll give it a try.

phoentzs

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