3 Candle Strategy

Marc · Wed, 25 Jul 2018 11:20:31 +0000

Hi together, here is another system which works like bullish / bearish harami pattern. In the End for a long position 3 lower highs and lower lows have to follow immediately. Close of current candle must be higher than open if first candle is bearish or close of current candle must be higher if first candle is bullish. TP is high of first candle. For Short vice versa. Perhaps somebody can check if this code seems to be okay? DEFPARAM CumulateOrders = False //Buy-Condition l1: Kerze vor 3 Perioden muss bullish sein und es müssen 3 Kerzen mit tieferen Hochs und tieferen Tiefs folgen und der Schlusskurs der vorherigen Kerze muss größer sein als der Schlusskurs der ersten Kerze l1 = OPEN[3] < CLOSE[3] AND High[3] > High [2] AND High[2] > High[1] AND Low[3] > Low[2] AND Low[2] > Low[1] AND Close[1] >= Close[3] //Buy-Condition l2: Kerze vor 3 Perioden muss bearish sein und es müssen 3 Kerzen mit tieferen Hochs und tieferen Tiefs folgen und der Schlusskurs der vorherigen Kerze ist größer als das Open der ersten Kerze l2 = OPEN[3] > CLOSE[3] AND High[3] > High [2] AND High[2] > High[1] AND Low[3] > Low[2] AND Low[2] > Low[1] AND Close[1] >= Open[3] //Sell-Condition s1: Kerze vor 3 Perioden muss bullish sein und es müssen 3 Kerzen mit höheren Hochs und höheren Tiefs und der SK der vorherigen Kerze ist kleiner als der SK's der ersten Kerze, wenn der SK von Kerze 1 kleiner als das Close ist s1 = OPEN[3] < CLOSE[3] AND High[3] < High [2] AND High[2] < High[1] AND Low[3] < Low[2] AND Low[2] < Low[1] AND Close[1] <= Close[3] //Sell-Condition s2: Kerze vor 3 Perioden muss bearish sein und es müssen 3 Kerzen mit höheren hoch und hheren Tiefs und der SK der vorherigen Kerze ist kleiner als der SK's der ersten Kerze, wenn der SK von Kerze 1 kleiner als das Close ist s2 =OPEN[3] > CLOSE[3] AND High[3] < High [2] AND High[2] < High[1] AND Low[3] < Low[2] AND Low[2] < Low[1] AND Close[1] <= Open[3] //Kauforder zur Eröffnung der nächsten Kerze wenn Konditionen l1 oder l2 erfüllt sind IF l1 OR l2 THEN BUY 1 SHARES AT MARKET NextBarOpen ENDIF //Verkauforder zur Eröffnung der nächsten Kerze wenn Konditionen s1 oder s2 erfüllt sind IF s1 OR s2 THEN SELLSHORT 1 SHARE AT MARKET NextBarOpen ENDIF //TP und SL-Definition SET TARGET %Profit 1 SET STOP %Loss 1

This topic has 82 replies, 6 voices, and was last updated 4 years ago by Regan2020.

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07/28/2018 at 11:08 AM #76953

robertogozzi

It seems to perform better, but it opens very few trades and the best performance is on the weekly TF!

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07/28/2018 at 11:35 AM #76962

Vonasi

robertogozzi wrote:

and the best performance is on the weekly TF!

Nothing wrong with a weekly time frame – most of my best strategies work on the weekly time frame. You get to see the bigger picture and the trades have plenty of room to do their thing.

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Marc

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07/28/2018 at 12:00 PM #76963

GraHal

robertogozzi wrote:

It seems to perform better, but it opens very few trades and the best performance is on the weekly TF!

Yeah as Vonaso said, ABCD values are 46 60 25 120 for the 2 min TF.

On my backtest the above shows 347 trades since Jan 18 … see attached. Results are with spread = 2.

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07/29/2018 at 5:36 PM #77022

simeong

HI Roberto,

Just a quick question. I saw that you have looked through Marc’s code and said it was all good. However I just wanted to ask confirm a query. In Marc’s code he uses “NextBarOpen” for his market order. Is they anyway to have a market order execute instantaneously as soon as a condition is met ?

Kind Regards,

Simone

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07/29/2018 at 5:41 PM #77027

robertogozzi

I just answered your question in the other topic about MTF.

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07/29/2018 at 8:42 PM #77045

Marc

Hi together,

1st of all thank you very much for your interest and help regarding this system. If I see this correct this system gains profit with a lot of smaller winners, but on the other hand there are some bigger losers.
I’m going to check other possibilities to trade this system more profitable.
When I trade this system during the day (excl. night and early in the morning) it worked well and I was very satisfied with it.

If somebody has a nice idea how to improve please let me and the forum know 🙂

Marc
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07/30/2018 at 12:07 PM #77069

Marc

Ho together,

I amended the code and it look very good, when searching through different UL’s the backtests become more and more horrible compared to performance before…1st I made some profits and later on when starting Backtest again the gains were negative

Marc
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07/30/2018 at 2:48 PM #77085

GraHal

Marc wrote:

when searching through different UL’s

excuse my ignorance please, what is UL’s ? 🙂

Marc wrote:

amended the code and it look very good,

Why not leave it looking good then? I don’t understand what you are saying?

Did you try my version code? Maybe you not like the 2 min TF, but it does look profitable on 100k bars anyway!? 😉

GraHal
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07/30/2018 at 11:08 PM #77129

Marc

Hi GraHal,

with UL I mean Underlyings sry for using this acronym.

I tested the strategy or some different periods and everytime I tested it with the same period the result became more worse 🙁

Marc
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08/01/2018 at 8:58 AM #77240

Marc

Hi GraHal,

why did you chose this values?

Rgds

Marc

Marc
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08/01/2018 at 9:40 AM #77254

GraHal

Marc wrote:

why did you chose this values?

when you say values, I take it you mean the 2 min TF?

I chose 2 min TF because out of all the intraday TFs the 2 min gave the best equity curve without any optimising. Then I optimised for 2 min TF.

My logic was that the 3 candle strategy must have a better natural affinity for 2 min TF than other TFs. It may just be coincidence of course, but one has to go forward with something else we just go round in circles?? 🙂

Marc wrote:

everytime I tested it with the same period the result became more worse

If I understand correct what you are saying, I have had this many times … try closing your Platform, open again and carry on where you left off … let us know if results are any better etc?

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Marc

GraHal
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08/01/2018 at 9:52 AM #77257

Marc

Hi GraHal,

I meant the TP and SL Values…please find attacehd a sample test with TF 2 minutes

Marc
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08/01/2018 at 9:57 AM #77260

GraHal

With what TP and SL values is your Test?

Have you tried the TP and SL values I show in my 2 min version??

Also your Test is shown as being on EURUSD whereas my results are on the DAX! 🙂

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08/01/2018 at 10:00 AM #77261

Marc

Not yet, let me check and I will post results

Marc
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08/01/2018 at 2:35 PM #77321

Marc

Hi together,

pls find attached a file which shows a trade today in 2 Min TF and “original” settings. I’m wondering that this trade ended in a loss. Perhaps the spread of EURUSD was to big?!

But I can see also that this trade is not correct, because the candles aren’t in right concatentation.

Marc
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3 Candle Strategy

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