Wing's Resistance Breacher close out at 2200 fees?

Viewing 5 posts - 1 through 5 (of 5 total)
  • Author
    Posts
  • 04/17/2018 at 9:06 AM #68567 quote
    Vonasi
    Moderator
    Master

    Wing’s Resistance Breacher strategy

    Wing’s Resistance Breacher (DAX-30m)

    was highlighted in the ‘One Year After’ thread as a strategy that has stood up to a year of forward testing. I am posting a question in a new thread rather than clutter up that thread.

    I have had it on Demo Live for a few weeks now and it has performed quite well but I note that it closes positions at 2200. These closures show as closing at 22.00:01 on my results. I am on British Summer Time which is UTC + 1 and IG charges overnight fees if positions are held at 2200 UK time so I am guessing that I am being charged overnight fees for holding the bet for one second! It is difficult to tell as I have lots of strategies holding overnight and IG do not clearly identify which charges are on which strategies.

    Quite often when strategies are posted on here with time based conditions there is no reference to the time zone used. So I guess my question is what time frame should this strategy be traded on?

    04/17/2018 at 9:34 AM #68568 quote
    jebus89
    Participant
    Master

    You can optimize the time.

     

    I belive the creator is swedish, if im not wrong 🙂

    It looks scary to run imo.

    wings.png wings.png
    04/17/2018 at 3:09 PM #68599 quote
    Vonasi
    Moderator
    Master

    Sorry Jebus I did reply but Nicolas has been doing some site maintenance and posts have been lost. Not sure I can be bothered to write it all again!

    Interestingly the UTC +1 backtest is a nicer equity curve than the UTC+2 backtest. Obviously overnight fees have to be deducted occasionally.

    [attachment file=68600]

    [attachment file=68601]

    WRB-UTC-1-1.png WRB-UTC-1-1.png WRB-UTC-2-1.png WRB-UTC-2-1.png
    04/19/2018 at 1:33 PM #68808 quote
    matsodont
    Participant
    Senior

    Hi,

    I’m a bit of a rookie when it comes to PRT coding so this might be a stupid question but I see that in the code there is a section

    // Sell at end of day
 
if time>215300 then
 exitshort at market
 sell at market
endif

    But since its for a 30m timeframe nothing will happen until 22:00?

    Is there any advantage of setting the time to 21:53 instead of 22:00 in the code?

    04/19/2018 at 2:28 PM #68818 quote
    Vonasi
    Moderator
    Master
    matsodont wrote:

     

    Is there any advantage of setting the time to 21:53 instead of 22:00 in the code?

    I noticed that too and the answer is – no it will just close at 220000 as 220000 is greater than 215300 and there is no 215400 candle or 215500 candle etc etc in a 30 minute timeframe!

    matsodont thanked this post
  • Author
    Posts
Viewing 5 posts - 1 through 5 (of 5 total)
  • You must be logged in to reply to this topic.

Wing's Resistance Breacher close out at 2200 fees?


ProOrder: Automated Strategies & Backtesting

New Reply
Author
author-avatar
Vonasi @vonasi Moderator
Summary

This topic contains 4 replies,
has 3 voices, and was last updated by Vonasi
7 years, 10 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 04/17/2018
Status: Active
Attachments: 3 files
Logo Logo
Loading...
Do you like cookies? 🍪 We use cookies to ensure you get the best experience on our website. (Learn more)
©2026 ProRealCode - Trading & Coding with ProRealTime™