Added stop loss level when open positions. Results got better and max drawback reduced. The current limitations are it will not add positions if having opened positions although meeting the entry conditions. Next steps are adding positions when meeting entry conditions and set a upper limit quantities for open positions.
This is the main strategy that I will be forward testing on demo for a month or two, then making it an EA in MetaTrader4 You can see the code for yourself this time, all the strategy is, is a crossover of various moving averages. Commission included, $10,000 account. Results over the past 3 months, beginning in January 2017.
Most definitely this is the best strategy I have ever coded. (Read Note Below) Version 3 of PineScript code, 2 contract/lot trades at once, pyramiding = 2. Commission of 100 pips included on each trade, accurate representation of actual spreads, commission_value = 0.02. This is essentially 270% of profit in a single month - check the date on the first...
Sorry, protected script as it uses a couple key indicators that are somewhat of a trade secret. What I will tell you, is that the code is version 3, so no repaints, although this one never had them in the first place. In my code, I use 'contracts', which I suppose are sizes, of 20. Commission included to make it more realistic. All this profit is from the...
So i've been fiddling around with this once more The result is increased net profit, same time frame as previous strategy, more drawdown, but that comes with the net profit. 1 pip = 1$ Pyramiding of 3 orders. Commission included. More trades Profitability rate is about the same.
In my free time I felt like coding this strategy, and after backtesting it, it appears that the 30m time frame is the most profitable. I only have been working on it for gold, but it should work similarly for silver as well. This includes no pyramiding, and with pyramiding orders of 5, this strategy is upwards of 100% profitable. Buy order - when price is above...
A newer, more customizable version of the holy grail script I published for silver before. This script is a work in progress (as was the last version) and although I have been trying to refine this script I would still only classify it in the early stages of development; unlike my previous Euro Dollar strength holy grail script which was designed to work with...
A newer, more polished (aka less buggy), and updated version of the holy grail script I published for silver before. This script is a work in progress (as was the last version) and although I have been trying to refine this script I would still only classify it in the early stages of development; unlike my previous Euro Dollar strength holy grail script which...
Simple Moving Average strategy for USO - United States Oil Fund . This strategy can be used on stocks and currencies but will need to tweak frequency on chart and backtest Max Draw Down to Net Profit ratios for maximum dollar gains.
Goldfinger. He's the man, the man with the midas touch. A spider's touch. Such a cold finger. Beckons you to enter his web of sin But don't go in.
Request for Khizon01: corrected a issue with the default stoch rsi settings (14 smoothing when it should be 3), can always change back since the 14 settings were better performing at the current chart. added option to just open buy trades or sell trades separately and close were previously swing trade occur. added plot titles.
Still working on fixing the code 100%. Will update with a new version soon. This one's fine tuned for gold (tp and sl size, and contract size for a 100k account) Cheers, Ivan Labrie Time at Mode FX